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Tuesday, February 27, 2024

Sinclair Broadcast Group Inc. Cl A

Company Overview

SBGI:NYSE
Sinclair Broadcast Group, Inc. (SBG) is a publicly traded American telecommunications conglomerate that is controlled by the descendants of company founder Julian Sinclair Smith. Headquartered in the Baltimore suburb of Cockeysville, Maryland, the company is the second-largest television station operator in the United States by number of stations (after Nexstar Media Group), owning or operating a total of 193 stations across the country in over 100 markets (covering 40% of American households), many of which are located in the South and Midwest, and is the largest owner of stations affiliated with Fox, NBC, CBS, ABC, MyNetworkTV, and The CW. Sinclair also owns four digital multicast networks (Comet, Charge!, Stadium, and TBD), sports-oriented cable networks (Tennis Channel and Bally Sports Regional Networks), and a streaming service (Stirr), and owns or operates four radio stations in the Pacific Northwest. On June 2, 2021, it was announced that Sinclair is a Fortune 500 company, having annual revenues of $5.9 billion in 2020.
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Market Cap:
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52 Week Range:
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