Sinclair Broadcast Group, Inc. Provides Earnings Guidance for the Three Months Ending September 30, 2022 and Twelve Months Ending December 31, 2022
August 03, 2022 at 07:30 am EDT
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Sinclair Broadcast Group, Inc. provided earnings guidance for the three months ending September 30, 2022 and twelve months ending December 31, 2022,. For three months ending September 30, 2022, the company expects the
Total revenues of $890 million to $911 million.
For twelve months ending December 31, 2022, the company expects the Media revenues of $481 million. Non-media revenue of $48 million.
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.
SINCLAIR, INC. 
