OverviewSuggest Edit

Sinclair Broadcast Group is a television broadcasting company, which owns a multicast network, four radio stations and a cable network. The Company broadcasts free over-the-air programming, such as network provided programs, locally-produced news, local sporting events, programming from program service arrangements, syndicated entertainment programs, and internally originated programming to television viewing audiences in the communities through various local television stations. 

TypePublic
Founded1986
HQCockeysville, US
Websitesbgi.net
Employee Ratings2.7
Overall CultureC-

Latest Updates

Employees (est.) (Dec 2019)11,800(+32%)
Job Openings444
Revenue (FY, 2019)$4.2 B(+39%)
Share Price (Nov 2020)$25
Cybersecurity ratingDMore

Key People/Management at Sinclair Broadcast Group

David D. Smith

David D. Smith

Executive Chairman
Robert E. Smith

Robert E. Smith

Director
Howard E. Friedman

Howard E. Friedman

Director
Michael Bouchard

Michael Bouchard

Vice President of Technology Strategy of ONE Media
Daniel C. Keith

Daniel C. Keith

Director / Compensation Committee Chair
Cathy Jamison

Cathy Jamison

Vice President of Sales Marketing
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Sinclair Broadcast Group Office Locations

Sinclair Broadcast Group has an office in Cockeysville
Cockeysville, US (HQ)
10706 Beaver Dam Rd
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Sinclair Broadcast Group Financials and Metrics

Sinclair Broadcast Group Revenue

Sinclair Broadcast Group's revenue was reported to be $4.24 b in FY, 2019
USD

Revenue (Q2, 2020)

1.3b

Net income (Q2, 2020)

273.0m

EBIT (Q2, 2020)

492.0m

Market capitalization (17-Nov-2020)

1.8b

Closing stock price (17-Nov-2020)

25.0

Cash (30-Jun-2020)

622.0m

EV

13.9b
Sinclair Broadcast Group's current market capitalization is $1.8 b.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

765.3m1.1b1.4b2.0b2.2b2.7b2.7b3.1b4.2b

Revenue growth, %

45%12%23%

Sales and marketing expense

12.2m

General and administrative expense

123.9m171.3m249.7m370.6m431.7m501.6m533.5m629.9m732.0m
USDQ2, 2011

Financial Leverage

-11.1 x
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Sinclair Broadcast Group Operating Metrics

FY, 2014FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017

Channels

373 444 471 484 482 483 514

Hours of News per week

2.20 k2.20 k

Television Markets

79 79 80 81 81 81 81

Television Stations

164 163 166 173 173 173 173
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Sinclair Broadcast Group Revenue Breakdown

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Sinclair Broadcast Group revenue breakdown by business segment: 92.5% from Other and 7.5% from Broadcasting

Sinclair Broadcast Group Cybersecurity Score

Cybersecurity ratingPremium dataset

D

68/100

SecurityScorecard logo

Sinclair Broadcast Group Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

30-39

out of 100

CSRHub logo

Sinclair Broadcast Group Online and Social Media Presence

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Sinclair Broadcast Group Company Culture

  • Overall Culture

    C-

    62/100

  • CEO Rating

    C-

    65/100

  • Compensation

    D+

    55/100

  • Diversity

    F

    42/100

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Sinclair Broadcast Group News and Updates

Bally's And Sinclair Broadcast Group Announce Transformational Long-Term Sports Betting And iGaming Strategic Partnership

PROVIDENCE, R.I. and BALTIMORE, Nov. 18, 2020 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) and Sinclair Broadcast Group, Inc. (NASDAQ: SBGI) today announced that they have entered into agreements for a long-term strategic partnership that combines Bally's vertically integrated,...

Award-Winning Journalist Jan Jeffcoat Tapped By Sinclair Broadcast Group To Become Main Anchor Of Its Headline News Service

BALTIMORE, Md., Oct. 2, 2020 /PRNewswire/ -- Sinclair Broadcast Group (NASDAQ: SBGI) today announced the company has hired award-winning anchor Jan Jeffcoat to lead Sinclair's soon-to-be-launched headline news service as main anchor. Set to premier in early 2021, Sinclair's headline news...

Sinclair Broadcast Group is delaying airing an interview with a conspiracy theorist who baselessly claims Dr Fauci created the coronavirus

Sinclair Broadcast Group is to delay airing an interview with conspiracy theorist Judy Mikovits. She claims the scientific establishment manufactured the coronavirus crisis as part of a sinister plot.  In the interview, she alleges that Dr Anthony Fauci, the White House coronavirus advisor, create…

Sinclair Broadcast Group to Launch Headline News Service, Announces 25 New Positions to be Filled

HUNT VALLEY, Md., June 17, 2020 /PRNewswire/ -- Sinclair Broadcast Group (NASDAQ: SBGI) today announced that it will be launching a headline news service scheduled to premiere in early 2021. This new program will report on the news as it happens, providing dynamic and timely journalism...

Sinclair Broadcast Group Upgrades Digital Channels Comet, Charge!, and TBD with Additional Programming

SANTA MONICA, Calif., April 2, 2020 /PRNewswire/ -- Sinclair Broadcast Group (Nasdaq: SBGI), today announced that it would be making significant changes to content across three, company-owned networks, including Comet, Charge!, and TBD. The channels, which are available to the vast...

Sinclair Broadcast Group Establishes Multimillion-Dollar Fund to Provide Support to Regional Sports Networks Freelancers

BALTIMORE, March 24, 2020 /PRNewswire/ -- Sinclair Broadcast Group (Nasdaq: SBGI) today announced that it has established a multimillion-dollar emergency fund to offer financial support to nearly 1,000 eligible freelancers who work across its FOX Regional Sports Networks, as well as the...
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Sinclair Broadcast Group Blogs

Diamond Financial

We use certain non-GAAP financial measures, specifically Television Broadcast Cash Flow, EBITDA, Adjusted EBITDA, Free Cash Flow, Leverage, and Senior Leverage in addition to GAAP financial measures as supplemental financial data to assist management and the public in their analysis and valuation of…

Diamond Financials

Supplemental Financial Information Diamond Sports Intermediate Holdings LLC Consolidated Financial Statements and Financial Discussion Pursuant to the terms of the Credit Agreement dated August 23, 2019 (the “Diamond Credit Agreement”) among Diamond Sports Intermediate Holdings LLC (“Holdings”), Dia…

Sinclair Broadcast Group Frequently Asked Questions

  • When was Sinclair Broadcast Group founded?

    Sinclair Broadcast Group was founded in 1986.

  • Who are Sinclair Broadcast Group key executives?

    Sinclair Broadcast Group's key executives are David D. Smith, Robert E. Smith and Howard E. Friedman.

  • How many employees does Sinclair Broadcast Group have?

    Sinclair Broadcast Group has 11,800 employees.

  • What is Sinclair Broadcast Group revenue?

    Latest Sinclair Broadcast Group annual revenue is $4.2 b.

  • What is Sinclair Broadcast Group revenue per employee?

    Latest Sinclair Broadcast Group revenue per employee is $359.3 k.

  • Who are Sinclair Broadcast Group competitors?

    Competitors of Sinclair Broadcast Group include TEGNA, RTRS and ABC.

  • Where is Sinclair Broadcast Group headquarters?

    Sinclair Broadcast Group headquarters is located at 10706 Beaver Dam Rd, Cockeysville.

  • Where are Sinclair Broadcast Group offices?

    Sinclair Broadcast Group has an office in Cockeysville.

  • How many offices does Sinclair Broadcast Group have?

    Sinclair Broadcast Group has 1 office.