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Latest Sinclair Broadcast Group Inc. Stories

2014-07-09 20:21:28

BALTIMORE, July 9, 2014 /PRNewswire/ -- Sinclair Broadcast Group, Inc. ("Sinclair" or the "Company") (Nasdaq: SBGI) announced today that its wholly-owned subsidiary, Sinclair Television Group, Inc. ("STG"), has priced its previously announced private offering of senior unsecured notes due 2024 (the "Notes"). The aggregate principal amount of Notes in the offering was upsized from $450 million to $550 million. The Notes were priced at 100% of their par value and will bear interest at...

2014-07-09 08:24:29

BALTIMORE, July 9, 2014 /PRNewswire/ -- Sinclair Broadcast Group, Inc. ("Sinclair" or the "Company") (Nasdaq: SBGI) announced today that its wholly-owned subsidiary, Sinclair Television Group, Inc. ("STG"), intends to raise new incremental term B loans and amend certain terms under its existing bank credit facility. Sinclair is seeking $500 million of new incremental term B loans, maturing July 2021. In addition, Sinclair will seek to convert drawn and delayed draw term A loan...

2014-07-09 08:24:27

BALTIMORE, July 9, 2014 /PRNewswire/ -- Sinclair Broadcast Group, Inc. ("Sinclair" or the "Company") (Nasdaq: SBGI) announced today that its wholly-owned subsidiary, Sinclair Television Group, Inc. ("STG"), intends to offer, subject to market conditions and other factors, $450.0 million aggregate principal amount of Senior Unsecured Notes (the "Notes"). The Notes are expected to mature in 2024 and to be guaranteed by Sinclair and certain of Sinclair's subsidiaries. The net...

2014-07-01 16:28:01

SYRACUSE, N.Y., July 1, 2014 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) announced that Amy Collins has been named General Manager of WSTM-TV (NBC) and WSTQ-LP (CW) in the Syracuse, New York market and will also oversee sales and other non-programming related services of WTVH-TV (CBS) in Syracuse pursuant to a joint sales and shared services agreement. The announcement was made by Steve Marks, Co-Chief Operating Officer of Sinclair's television group. In making the...

2014-06-23 12:26:08

BALTIMORE, June 23, 2014 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) announced today that it has entered into an agreement to sell the assets of WHTM-TV (ABC) in Harrisburg, PA to Media General. The Company also announced that it entered into an agreement to sell the non-license assets of WTAT-TV (FOX) in Charleston, SC to Cunningham Communications, which owns the license assets. The stations are being sold for a combined $97.4 million sale price, representing an...

2014-06-23 12:25:34

Sony Pictures Television Networks' Classic Movie Channel Increases U.S. Clearance To Nearly 70% with Sinclair Agreement CULVER CITY, Calif., June 23, 2014 /PRNewswire/ -- getTV, Sony Pictures Television (SPT) Networks' U.S. digital broadcast television network, significantly increased its national distribution footprint today, announcing a deal with Sinclair Broadcast Group (SBG) (Nasdaq: SBGI) that adds 33 TV markets to getTV's growing affiliate roster. With getTV's new SBG...

2014-06-16 12:26:27

GREENSBORO-HIGH POINT-WINSTON SALEM, N.C., June 16, 2014 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) announced that Greg Conner has been named General Manager of WXLV-TV (ABC) and WMYV-TV (MY) in the Greensboro-High Point-Winston Salem, North Carolina market. The announcement was made by Steve Marks, Co-Chief Operating Officer of Sinclair's television group. In making the announcement, Mr. Marks said, "Greg has proven himself to be a strong leader, manager and...

2014-06-05 12:28:03

BALTIMORE, June 5, 2014 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) announced today that its shareholders re-elected its seven Directors at the Company's Annual Shareholders' meeting held today. The re-elected Directors are: Mr. David D. Smith, Chairman of the Board, CEO and President of Sinclair; Mr. Frederick G. Smith, Vice President of Sinclair; Mr. J. Duncan Smith, Vice President and Secretary of Sinclair; Mr. Robert E. Smith, Director; Mr. Lawrence E. McCanna,...

2014-05-07 08:27:45

BALTIMORE, May 7, 2014 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) announced that its Board of Directors has declared a quarterly cash dividend of $0.15 per share on the Company's Class A and Class B common stock. The dividend is payable on June 13, 2014, to the holders of record at the close of business on May 30, 2014. Sinclair Broadcast Group, Inc., is the largest and one of the most diversified television broadcasting companies and is affiliated with all major...

2014-05-07 08:27:36

- REPORTS $0.27 DILUTED EARNINGS PER SHARE BALTIMORE, May 7, 2014 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), the "Company" or "Sinclair," today reported financial results for the three months ended March 31, 2014. "There were many positives in the first quarter that reflect our solid underlying fundamentals, despite the slower than usual start to the year due to the impact of the severe and frigid weather in many of our markets," commented David Smith, President and CEO of...


Word of the Day
tesla
  • The unit of magnetic flux density in the International System of Units, equal to the magnitude of the magnetic field vector necessary to produce a force of one newton on a charge of one coulomb moving perpendicular to the direction of the magnetic field vector with a velocity of one meter per second. It is equivalent to one weber per square meter.
This word is named for Nikola Tesla, the inventor, engineer, and futurist.