David D. Smith is the CEO of Sinclair Broadcast Group, Inc..
Sinclair Broadcast Group (SBG), based in Maryland, is a major operator of local broadcast television stations in the United States, with a total of 61 stations in small and medium-sized markets across the country. Broadcasts by SBG stations can be received by about 24 percent of American households.
Most Sinclair television stations are affiliated with either Fox or the WB Network. In October 2002, SBG launched a "local news network" in which many of its local stations receive content originating from a centralized corporate news operation.
The company generated controversy in October 2004 when it was reported that Sinclair would preempt prime time programming on all of its stations to air "Stolen Honor: Wounds That Never Heal," a documentary critical of U.S. presidential candidate John Kerry, two weeks before the November 2 election. As political mudslinging ensued and over 100 advertisers pulled their ads, Sinclair announced that it had never intended to air Stolen Honor in the first place.
Sinclair Broadcast Group is 86% owned by the four sons of Julian Sinclair Smith, the founder of the company. SBG was founded in 1986, went public in 1995 and is traded on the Nasdaq Exchange under the ticker symbol SBGI. 2004 total revenue was $708.3 million.
Contact Information
| Web Site: | www.sbgi.net |
| Telephone: | 410.568.1500 |
| Fax: | 410.568.1533 |
| Address: | 10706 Beaver Dam Road Cockeysville MD 21030 USA |
Local Media Properties
Select a media outlet to find a detailed profile at Mondo Times, the worldwide media guide.
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Comments about Sinclair Broadcast Group, Inc.
Comments to date: 10. The most recent comments are below.| |
George Young Pelzer, S.C. USA | Posted at 2:37pm on Saturday, May 14, 2011 |
We have lost reception from the WLOS station in North Carolina and would like to know if the digital signal has been just temperarily reduced before I buy another larger antenna.
Thank you.
George Young 153 Pelzer, S.C. 29669
864-947-2274
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Media Owners editors Boulder Colorado USA | Posted at 8:56am on Monday, January 17, 2011 |
Time Warner Cable, Sinclair Reach Retrans Agreement In Principle
-- Station group also inks tentative pact with Bright House Networks, Multichannel News reported on January 15, 2011:
"Following a second extension of their retransmission-consent negotiations on Friday, Time Warner Cable reached an agreement in principle with Sinclair Broadcasting on Saturday afternoon for continued carriage of 28 stations within the operator's footprint.
The No. 2 cable operator said it expects to work toward a final agreement in the next seven days. Despite some rhetoric, there was never any service disruption."
Get the full story.
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Media Owners editors Boulder Colorado USA | Posted at 8:12am on Thursday, January 13, 2011 |
Sinclair Extends Fox Affiliation Agreements & Enters Into Programming Licensing Arrangement
-- January 12, 2011 -- Sinclair Broadcast Group, Inc. announced that the affiliation agreements with the Fox Television Network that were due to expire on March 31, 2012, including KFXA TV 28 in Cedar Rapids, Iowa which Sinclair operates pursuant to an Outsourcing Agreement and which had been month-to-month, have been extended until December 31, 2012.
In addition, the Company announced that it has entered into an overall programming licensing agreement with the Fox Television Network which allows the Company to enter into retransmission consent agreements with distributors for the remainder of the term of the affiliation agreement.
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Whalen 45107 | Posted at 4:22pm on Monday, January 3, 2011 |
Need a tape op or a Director
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Media Owners editors Boulder Colorado USA | Posted at 9:16am on Tuesday, August 24, 2010 |
Sinclair Broadcast Group to Air The Country Network
-- August 23, 2010 -- Sinclair Broadcast Group, Inc. and The Country Network (TCN), a country music video television network located on Music Row in Nashville, Tennessee, have entered into an agreement to launch TCN's star-hosted music video programming on the broadcast digital tier in most of Sinclair's markets.
TCN will launch in October in 28 Sinclair markets reaching 17% of the country, with the remaining Sinclair markets expected to come on board by early 2011.
Country music is America's most popular music genre. There are more than twice as many country music radio stations in the U.S. than any other music format. TCN fills a niche by bringing country music videos to free over-the-air television. TCN will be the only television network dedicated exclusively to airing country music videos. TCN will be "all Country Music, all the time."
"Existing country music networks have all but abandoned the pure music video format," said Warren Hansen, founder and CEO of TCN. "Although The Country Network's agreement with Sinclair is our first with a major broadcast company, several additional agreements are in the works, and we expect to announce them shortly."
David Amy, Executive Vice President and Chief Financial Officer of Sinclair, said, "We are excited to help launch TCN. We believe their program offering aligns perfectly with our audience demographics and our local market footprint. Their genre of music and program format should have broad appeal to our local viewers. We are pleased to expand our digital tier by airing The Country Network."
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Mondo Times editors Boulder Colorado USA | Posted at 7:23am on Friday, August 20, 2010 |
Sinclair Amends and Refinances a Portion of Its Bank Credit Facility
-- August 19, 2010 -- Sinclair Broadcast Group, Inc. (the "Company") announced today that its wholly-owned subsidiary, Sinclair Television Group, Inc. ("Sinclair"), has refinanced a portion of its senior secured bank credit facility (the "Bank Credit Agreement") and amended certain of its terms.
Under the amendment, Sinclair paid down $35.0 million of its existing $305.0 million term loan B from available cash on hand, leaving a remaining balance of $270.0 million. Pricing on the term loan B was also reduced by 50 basis points to LIBOR plus 4.00% with a LIBOR floor of 1.50%. The term loan B maturity of October 29, 2015 was unchanged.
In addition, certain terms of the Bank Credit Agreement were also amended to provide Sinclair more incremental term loan capacity and more flexibility in using its cash balances and the revolving credit facility.
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Rick Broadus Bloomington IL ,USA | Posted at 6:19pm on Wednesday, June 23, 2010 |
I am less impressed with the station broadcasting. We pay this outrageous amount for cable and it acts like satellite. Your channel Fox 43 is constantly going in and out. It interrupts all programming by still pics and cuts in and out. Why is it that this is the only channel that this occurs? I have made complaints to the service provider and they reassure me that they are not the source and that some of the cable or media companies are not in compliance yet with the conversion to digital. It is apparent that you are one of those companies. I happen to like this station due to some of the programming that is offered for my viewing pleasure. I am rethinking this since I can not watch it with out sound going out and picture fading in and out for no apparent reason. Get your act together and get this fixed it is annoying and I think I should start a petition against you if you do not get this fixed.
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Media Owners editors Boulder, Colorado USA | Posted at 12:17am on Tuesday, August 11, 2009 |
On August 5, 2009, Sinclair Broadcast Group, Inc. reported financial results for the six months ended June 30, 2009.
Commenting on the quarter, David Smith, President and CEO of Sinclair, stated, "In a normal economic environment, we would typically generate some of our highest advertising revenues for the year in the second quarter. However, this was not the case this year. Second quarter time sales of $109.8 million were about $1.0 million lower than the first quarter, an indication that Sinclair continues to be adversely affected by the economic recession. Despite this, we still outperformed the industry, based on third party data, a sign that our sales force continues to aggressively work accounts. On the expense side, we have been working with our station management to find areas where we can cut costs and create efficiencies for the longer-term.
"Regarding the balance sheet, we continue to have discussions with the holders of our 3% and 4.875% Senior Convertible bonds, which have the right to put the bonds back to the Company in May 2010 and January 2011, respectively. A resolution with the bondholders must take into consideration the Company's ability to service our debt going-forward and provide for the refinancing of future maturities."
Mr. Smith continued, "We were notified by Cunningham Broadcasting Corporation, our LMA partner in six markets, that their secured lenders granted them an extension to October 30, 2009 on the repayment of a $33.5 million term loan facility which cross defaults to our secured credit facility. Cunningham and its lenders continue to seek a resolution to satisfy the debt maturity. This resolution may have a financial impact on Sinclair."
Financial Results:
Net broadcast revenues from continuing operations were $133.0 million for the three months ended June 30, 2009, a decrease of 18.8% versus the prior year period result of $163.7 million. The Company had operating income of $25.8 million in the three-month period, as compared to operating income of $43.3 million in the prior year period. The Company had net income attributable to the parent company of $2.8 million in the three-month period versus net income attributable to the parent company of $11.8 million in the prior year period. The Company reported diluted earnings per common share of $0.04 for the three-month period versus diluted earnings per common share of $0.13 in the prior year period.
Net broadcast revenues from continuing operations were $264.3 million for the six months ended June 30, 2009, a decrease of 18.6% versus the prior year period result of $324.6 million. The Company had an operating loss of $80.9 million in the six-month period versus the prior year period operating income of $89.5 million. The Company had a net loss attributable to the parent company of $82.9 million in the six-month period versus net income attributable to the parent company of $26.8 million in the prior year period. The Company had a diluted loss per common share of $1.03 in the six-month period versus diluted earnings per common share of $0.31 in the prior year period.
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Alan Wengren Tallahassee, Fl 32311 | Posted at 9:39am on Thursday, May 21, 2009 |
Please note: This has nothing to do with:
Sinclair Broadcast Group, Inc.
I'm asking anyone out there for help with this situation I have been dealt.
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Alan Wengren Tallahassee, Fl 32311 | Posted at 9:36am on Thursday, May 21, 2009 |
I was working for an apartment complex as a maintenance technician since December 7th of '08. My supervisor was there a bit longer then I was but back in the beginning of this year he put in his two week notice to leave. Then I was asked to take the job of Supervisor which I turned it down because I didn't have the experience. Then my supervisor who was leaving decided to stay because they gave him a pretty substantial raise.
Well a few months went by and last month he put another two week notice in and wanted to leave again. My company put an ad out to hire another supervisor to take his place. They in fact had some interviews with other people to take over his position. They hired another person to take the supervisors position but the person who was leaving (my Supervisor) decided to step down from maintenance supervisor into my position as a tech and stay "again" with the company.
Before I knew what was going on they called me into the office and said: We want you to go to another property as a supervisor. I explained I turned it down before because I was not qualified but then they said: "There is no option or you could loose your job" I went to look at this place and to my surprise I found nothing but a filthy health hazard property which for one had "Gas" appliances I know nothing about.
I told my regional manager I don't know anything about these appliances and would not want to put myself in this position (first because I wouldn't want to cause anyone else harm) or hurting myself or worse yet killing myself with something as dangerous as this not having the experience to repair gas appliances.
Then I said I don't want to work in the conditions at this property due to the unhealthy conditions. She insisted I take this and said "There is no longer a position open for you where you are now". Then I get a letter the next day at 6pm on a Friday telling me "If I don't show up on the following Monday morning (May 11th, 2009 then they will "consider" I have abandoned my job and quit without notice.
I went to the property on Tuesday as I had something to do that Monday and they said I was OK as far as having a job. Well that Tuesday morning I could not believe my eyes and worked until 11:30am as I had another appointment elsewhere. I did not return to this property as again, I felt as though they were treating me as some prisoner by threatening me and making me take a position
as supervisor and work on appliances I had no experience with thus, tying my hands and putting me in a corner with no other options, possible endangering myself or others around me.
Now you tell me, how in the world can a company give the guy who was suppose to be leaving twice an option to stay and make me go into a situation without the proper experience and no training what so ever threatening my employment?... The person who was leaving has all of this experience they would need at this other property working on gas appliances and also taking the supervisor position as he already was a supervisor anyway.
So, with this in mind, I would like to join your team but I don't think I would work in the maintenance department again, ever!. I have never seen this kind of thing done to someone and I have never experienced this in my life. I have always done great work and have residents who have written letters how well I perform to take care of their apartment homes and now I get this!.
I want action against this company for their actions causing me this grief and my job. I don't believe this is right! I don't believe they can "Assume" I quit and I don't believe they can put me in a dangerous situation I don't feel comfortable with especially since I have not signed anything or received and further training to handle this position which even if I did have training I would not go simply because of the working conditions are terrible and a hazard to me and the people living there.
Can someone please help me with this??
Alan Wengren
Tallahassee, Fl
(850)322-8821
deepdiver8055@gmail.com
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