Sinclair, Inc.

SBGI

US8292421067

Broadcasting

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Sinclair Broadcast : Silver Chalice and 120 Sports Introduce New Multiscreen Venture

April 13, 2017 at 05:23 pm EDT

April 13, 2017

Sinclair Broadcast Group, Silver Chalice and 120 Sports introduce new multiscreen venture

April 13, 2017 (Chicago, IL and Baltimore, MD): This afternoon, Sinclair Broadcast Group, Inc. (NASDAQ: SBGI), Silver Chalice and 120 Sports announced plans to combine forces as equity partners on a new multi-platform sports network, featuring a linear broadcast and comprehensive digital offerings.

The network will be built through the merging of 120 Sports' live studio operations, Silver Chalice's Campus Insiders' live collegiate games and Sinclair's American Sports Network's (ASN) distribution and live collegiate games. The overall programming offering will take advantage of the professional and collegiate rights enjoyed by 120 Sports and Silver Chalice to maximize access to a broad array of post-game highlights, up-to-the-moment news, and original, long-form programming as well as full game archives provided by various partners.

Read more…ASN 120 Sports Release_4 13 Final

SBG - Sinclair Broadcast Group Inc. published this content on 13 April 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 13 April 2017 21:23:07 UTC.

Original documenthttp://sbgi.net/pr-news/sinclair-broadcast-group-silver-chalice-and-120-sports-introduce-new-multiscreen-venture/

Public permalinkhttp://www.publicnow.com/view/0E3C802FA9B94E3B39985BF72DF8F757E06CC4A4

Latest news about Sinclair, Inc.

EEnergy jumps on GBP5.2 million contract with Spire Healthcare	Apr. 22	AN
Hipgnosis supports Blackstone takeover bid	Apr. 22	AN
Sinclair, Inc. Launches Broadspan Datacasting Platform	Apr. 15	CI
Sinclair to Begin Using Generative AI in its Content	Apr. 09	MT
Sinclair's Diamond Sports Extends Distribution Deal with Charter Communications	Apr. 03	DJ
Sinclair Broadcast Group Signs New Distribution Agreement With ABC Owned Television Stations	Apr. 01	MT
Sinclair Broadcast Group Secures New Broadcast Affiliate Distribution Agreement with ABC Owned Television Stations for Charge! Network	Apr. 01	CI
Sinclair, Senior Lenders Reach Cooperation Agreement	Mar. 28	MT
Me Today Concludes Oversubscribed Rights Issue; Shares Climb 6%	Mar. 27	MT
Sinclair, Inc. Promotes David Gibber to Executive Vice President and Chief Legal Officer	Mar. 27	CI
Apellis Pharmaceuticals Insider Sold Shares Worth $1,068,161, According to a Recent SEC Filing	Mar. 21	MT
North American Morning Briefing : Investors -2-	Mar. 18	DJ
Sinclair Insider Sold Shares Worth $279,592, According to a Recent SEC Filing	Mar. 13	MT
Sinclair Insider Sold Shares Worth $408,442, According to a Recent SEC Filing	Mar. 06	MT
Stocks rise despite mixed US manufacturing data	Mar. 01	AN
Sinclair Swings to Q4 Net Loss, Revenue Declines	Feb. 28	MT
Transcript : Sinclair, Inc., Q4 2023 Earnings Call, Feb 28, 2024	Feb. 28
Sinclair, Inc. Provides Consolidated Revenue Guidance for the Three Months Ending March 31, 2024	Feb. 28	CI
Sinclair, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Feb. 28	CI
(SBGI) SINCLAIR Forecasts Q1 Revenue Range $793M - $806M	Feb. 28	MT
Earnings Flash (SBGI) SINCLAIR Reports Q4 Revenue $826M, vs. Street Est of $840.6M	Feb. 28	MT
Sinclair, Inc. Declares Quarterly Cash Dividend, Payable on March 25, 2024	Feb. 28	CI
Hf Sinclair Insider Sold Shares Worth $402,710, According to a Recent SEC Filing	Feb. 23	MT
Sector Update: Energy Stocks Gain Late Afternoon	Feb. 21	MT
Sector Update: Energy Stocks Gain in Wednesday Afternoon Trading	Feb. 21	MT

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Company Profile

Sinclair, Inc. is a diversified media company and a provider of local news and sports. The Company operates through two segments: Local Media, and Tennis. Its Local Media segment is comprised of its television stations. It produces more than 2,400 hours of news per week at 115 stations in 73 markets. Its Tennis segment primarily consists of Tennis Channel, a cable network which includes coverage of many of tennis' top tournaments and original professional sports and tennis lifestyle shows. Its content is delivered via multiple platforms, including over-the-air, multi-channel video program distributors, and the streaming aggregator of local news content, NewsON. The Company owns, operates and provides services to 185 television stations in 86 markets affiliated with all the various broadcast networks, and owns Tennis Channel and multicast networks Comet, CHARGE!, TBD., and The Nest. The Company also owns and provides services to 21 regional sports network brands.

Sector

Broadcasting

Calendar

2024-05-08 - Q1 2024 Earnings Release

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Ratings for Sinclair, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

D+

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Analysts' Consensus

Sell

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Mean consensus

HOLD

Number of Analysts

Last Close Price

12.74 USD

Average target price

16.09 USD

Spread / Average Target

+26.28%

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Sinclair, Inc.

Equities

SBGI

US8292421067

Broadcasting

Sinclair Broadcast : Silver Chalice and 120 Sports Introduce New Multiscreen Venture

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