|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||43.92 - 44.91|
|52 Week Range||25.14 - 66.57|
|Beta (3Y Monthly)||1.18|
|PE Ratio (TTM)||12.89|
|Earnings Date||Oct 30, 2019|
|Forward Dividend & Yield||0.80 (1.80%)|
|1y Target Est||60.50|
Disney is selling 80% of its stake in the Yankees Network to an investor group that includes the Yankees, Amazon, and Sinclair Broadcasting, in a deal worth $3.47 billion. The group claims this will mark the beginning of a new strategic partnership. Yahoo Finance’s On the Move discusses.
BALTIMORE, Sept. 16, 2019 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (SBGI) ("Sinclair") proudly kicked-off its fifth season of 'Full Measure' on Sept. 8, hosted by Emmy award-winning investigative journalist Sharyl Attkisson. Since launching in 2015, the Sunday morning news program has seen year-to-year audience growth, capturing viewers by providing long-form reports on a range of political and socioeconomic topics. "We are incredibly thankful to all of our dedicated and loyal viewers that have made the show a success for the past five years," said Executive Producer Batt Humphreys.
The Federal Communications Commission on Monday said it voted to approve Nexstar Media Group Inc's acquisition of Tribune Media Co in a $6.4 billion deal. The 3-to-2 vote follows the U.S. Justice Department's announcement in July that it had approved the deal, saying the companies had to divest television stations in 13 markets to resolve antitrust concerns. Nexstar said in December it had agreed to buy Chicago-based Tribune for $4.1 billion in a deal valued at $6.4 billion, including debt, that would make it the largest regional U.S. television station operator.
Calls emerged Friday for viewers to boycott ABC after it aired a political ad featuring a photo of a picture of Rep. Alexandria Ocasio-Cortez being set on fire. The ad, which aired during a debate between Democratic candidates for president, was paid for by the New Faces of GOP PAC, run by Elizabeth Heng, who is featured in the ad.
Disney (DIS) is planning to divest FoxNext as it is reluctant to re-enter the highly competitive mobile gaming market ahead of the Disney+ launch.
After Sinclair Broadcast Group, Inc.'s (NASDAQ:SBGI) recent earnings announcement in June 2019, the consensus outlook...
SIOUX CITY, Iowa, Sept. 9, 2019 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (SBGI) announced that Kathan Jager has been promoted to General Manager for KPTH (FOX) in Sioux City, Iowa. Ms. Jager will also be responsible for the oversight of Sinclair's provision of services to KMEG (CBS) under a joint sales agreement. The announcement was made by Steve Marks, EVP & Chief Operating Officer of Sinclair's television group.
Advanced Compression (SHVC), Multiplexing (Layered Division), and Technicolor SL-HDR1(High Dynamic Range) Together Demonstrate Impressive Improvements HUNT VALLEY, Md. , Sept. 3, 2019 /PRNewswire/ -- ONE ...
Federal Communications Commission chairman Ajit Pai on Friday sought approval from his colleagues to order the go ahead for Nexstar Media Group Inc's acquisition of Tribune Media Co in a $6.4 billion tie-up, a spokeswoman for the agency said. Last month, the U.S. Justice Department approved the deal, saying the companies must divest television stations in 13 markets to resolve antitrust concerns. Pai's order circulated Friday needs the consent of a majority of the five-member FCC.
The Walt Disney Co. has closed the book on one more bit of business related to its $71 billion acquisition of the entertainment assets of 21st Century Fox. The Mouse House has sold its equity interest in the YES Network, the New York regional sports network (RSN) that plays Yankees games, to an investor group that includes Yankee Global Enterprises, Sinclair Broadcast Group Inc. and Amazon.com Inc. RedBird Capital, funds managed by Blackstone’s Tactical Opportunities business and Mubadala Capital are also part of the investor group.
BALTIMORE , Aug. 29, 2019 /PRNewswire/ -- As part of a consortium, led by Yankee Global Enterprises, Sinclair Broadcast Group, Inc. (" Sinclair ") (NASDAQ: SBGI) announced that an indirect subsidiary ...
Yankee Global Enterprises, with strategic partners Sinclair Broadcast Group (SBGI) and Amazon (AMZN), today announced the purchase of the YES Network (“YES”) from The Walt Disney Company (DIS), acquiring the 80 percent of the YES Network not already held by Yankee Global Enterprises at a total enterprise value of $3.47 billion. Additional equity investments were provided by RedBird Capital, funds managed by Blackstone’s Tactical Opportunities business, and Mubadala Capital.
BALTIMORE , Aug. 28, 2019 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) announced that Mark Aitken has been promoted from Vice President to Senior Vice President of Advanced Technology ...
Sinclair Broadcast wants to take advantage of what it predicts will be a $5 billion sports betting market by 2025.
BALTIMORE, Aug. 27, 2019 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (SBGI) is pleased to announce that Michael Bouchard has been promoted to Vice President of Technology Strategy for One Media 3.0, LLC ("ONE Media"). Effective August 26, 2019, Mr. Bouchard will report to Mark Aitken, President of ONE Media and will help drive Sinclair's development and deployment of ATSC 3.0. Mr. Bouchard brings over 25 years of digital and technology experience.
CEO Chris Ripley set a goal in 2017 of tripling Sinclair Broadcast's revenue within five years. He's accomplished that after buying the Fox regional sports networks.
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
The portfolio's extensive footprint includes exclusive local rights to 42 professional teams consisting of 14 MLB teams, 16 NBA teams and 12 NHL teams.
President Donald Trump ordered U.S. companies to find alternatives to their China operations in a series of tweets.
Byron Allen is an Equity and Content Partner in the RSN Holding Company BALTIMORE and BURBANK, Calif. , Aug. 23, 2019 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) ("Sinclair" ...
BALTIMORE , Aug. 22, 2019 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) ("Sinclair") proudly kicks-off another exciting season of high school sports coverage, starting with its ...