Sinclair CEO: Mergers can be done, even without regulatory changes
The broadcaster also sees a path toward substantial revenue opportunities via NextGen TV if a plan to fully sunset the ATSC 1.0 standard takes effect.
The broadcaster also sees a path toward substantial revenue opportunities via NextGen TV if a plan to fully sunset the ATSC 1.0 standard takes effect.
Sinclair, Inc. earned $405 million in political advertising last year that boosted the company’s top line revenue to nearly $3.6 billion in 2024.
Sinclair saw significant gains in its affiliate fee and political advertising revenues during the company’s third quarter of the year.
A Republican-led FCC would be better for broadcast deregulation, Sinclair’s Chris Ripley said in an interview.
The company is still working through new distribution agreements with pay TV providers, which could help further lift distribution revenue in the coming months.
Nearly five dozen local broadcast outlets could be up for grabs, according to a report.
Sinclair needs to move beyond its core broadcast business to survive over the long-term, CEO Chris Ripley said in a wide-ranging interview.
A Nexstar executive said an ongoing fight with Paramount and Fubo TV is more about principles than it is about money.