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
Culture scoreC-

Latest Updates

Employees (est.) (Dec 2019)11,800(+32%)
Job Openings512
Revenue (FY, 2019)$4.2 B(+39%)
Share Price (May 2020)$18 (+4%)

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 (Q1, 2020)

1.6b

Net income (Q1, 2020)

151.0m

EBIT (Q1, 2020)

327.0m

Market capitalization (22-May-2020)

1.4b

Closing stock price (22-May-2020)

18.0

Cash (31-Mar-2020)

1.3b

EV

13.7b
Sinclair Broadcast Group's current market capitalization is $1.4 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
USDY, 2020

EV/EBIT

41.8 x

EV/CFO

-350.2 x

Financial Leverage

10.5 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 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

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...

AlertNest, Inc., Reaches Agreement With Sinclair Broadcast Group, Inc.

Sinclair Broadcast Group, Inc., (www.SBGI.net) is a diversified, integrated media company and leading provider of local sports and news. AlertNest, Inc., is a nationwide social media web and mobile app company that's building a market-leading content ecosystem focused on communities and personalized…

Sinclair Broadcast Group Stops Trump-Fueled Political Commentary

The media giant is dropping its right-wing "must-run" segments by Boris Epshteyn.

Sinclair Broadcast Group Reaches Agreement With AT&T

BALTIMORE, Oct. 17, 2019 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), and AT&T have agreed on a multi-year agreement across DIRECTV, AT&T TV and U-verse for continued carriage of Sinclair's owned local broadcast stations and Tennis Channel, for future carriage of Marquee...

Millions Of Viewers Across The United States Could Be Deprived Of Local News, Sports And Entertainment Programming If AT&T/DIRECTV Do Not Reach Deal With Sinclair Broadcast Group

BALTIMORE, Sept. 20, 2019 /PRNewswire/ -- Millions of AT&T U-verse, DIRECTV and AT&T TV NOW (formerly DIRECTV NOW) subscribers in 86 markets are at risk of losing access to 136 television stations (including popular ABC, NBC, CBS, FOX, CW And MyNet-affiliates) and Tennis Channel, due to...
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Sinclair Broadcast Group Blogs

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, ABC and Saga Communications.

  • 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.