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Sinclair Broadcast Group Inc
Sinclair Broadcast Group, Inc. is a publicly traded company listed on the NASDAQ stock exchange under the ticker symbol SBGI. It is a media company that owns and operates a diverse portfolio of television stations and digital media properties. Here's some general information about the company:
1. Founding: Sinclair Broadcast Group was founded in 1971 by Julian Sinclair Smith.
2. Headquarters: The company's headquarters is located in Hunt Valley, Maryland.
3. Operations: Sinclair Broadcast Group operates in two segments: Broadcast and Media. The Broadcast segment includes television stations that broadcast network programming, local news, and other content, while the Media segment includes digital media properties such as NewsOn, a national news network, and Midroll, a podcast advertising and distribution platform.
4. Revenue: In 2020, the company generated revenue of $2.86 billion.
5. Market Capitalization: As of March 10th 2023, Sinclair Broadcast Group has a market capitalization of approximately $3.93 billion USD.
6. Key Executives: The CEO of Sinclair Broadcast Group is Christopher Ripley. Other key executives include Lucy R. Fato, Executive Vice President and Chief Financial Officer, and Steven A. Marks, Executive Vice President and Chief Operating Officer.
Some of the company's notable subsidiaries include:
* Sinclair Television Group, Inc. - a subsidiary that operates television stations in various markets across the United States.
* American Sports Network, LLC - a subsidiary that operates a sports network programming service.
* Stadium - a subsidiary that operates a sports media company.
* Midroll - a subsidiary that operates a podcast advertising and distribution platform.
* NewsOn - a subsidiary that operates a national news network.
Sinclair Broadcast Group has a diverse portfolio of television stations that operate affiliations with major networks such as ABC, NBC, CBS, and FOX, as well as MyNetworkTV, The CW, and Azteca affiliates. It also owns and operates several radio stations in multiple markets.
Notable holdings include KOMO-TV (Seattle), WPGH-TV (Pittsburgh), WLFL-TV (Raleigh), WJLA-TV (Washington D.C.), and KATU-TV (Portland OR), amongst many more.
To keep up with the company's performance and news, you can refer to their investor relations page, where you can find reports, presentations, and other relevant information. You can also visit Yahoo Finance or other financial news websites to get real-time stock prices, news, and analysis. Additionally, you can follow the company's social media accounts to stay updated on their activities and announcements.
Remember that investing in the stock market involves risks, and it's essential to do your research and consider your financial goals and risk tolerance before making any investment decisions. It's always a good idea to consult with a financial advisor or a registered investment advisor for personalized advice.