Net News search results for: ripley
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May 9, 2018
Sinclair Reports First-Quarter Revenues Up, Income Down, Seven TV Stations Sold To Fox
SINCLAIR BROADCAST GROUP has announced its first-quarter results and the official word of which television stations it will be selling to FOX as part of divestitures aimed at getting the company's purchase of TRIBUNE MEDIA approved by regulators. The … more »
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April 24, 2018
Sinclair Revises TV Spinoff Plans For Tribune Deal, Announces Deals For Several Stations
SINCLAIR BROADCAST GROUP has revised its plan to sell off or spin into shell companies several TV stations in order to ease approval of its deal to buy the TRIBUNE MEDIA stations. The new plan has SINCLAIR spinning off TRIBUNE CW affiliate KPLR-TV/ST. … more »
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February 28, 2018
Sinclair Revenues Down In Fourth Quarter 2017, Income Up With Tax Cut, Auction Proceeds
While SINCLAIR BROADCAST GROUP, INC. continues to await final approval of its acquisition of TRIBUNE MEDIA, the company reported its fourth quarter 2017 results with total revenues down 8% to $734 million, attributed to a decrease of $113 million in … more »
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December 5, 2017
Sinclair Ups Rob Weisbord to Chief Revenue Officer
SINCLAIR BROADCAST GROUP has upped SVP/COO ROB WEISBORD to Chief Revenue Officer, reporting to Pres./CEO CHRIS RIPLEY, effective JANUARY 1st. WEISBORD joined SINCLAIR in 1997 and has served as SVP/COO since JUNE and as COO since JANUARY 2014. … more »
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November 1, 2017
Sinclair Broadcast Group Sees Revenues, Income Fall For Third Quarter 2017
SINCLAIR BROADCAST GROUP reported third quarter revenues declining 3.3% year-to-year to $670.9 million, with net income down from $50.8 million to $30.6 million (54 to 30 cents/diluted share). Media revenues fell 1.7% to $624.2 million, hit hard by … more »
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August 2, 2017
Sinclair Second-Quarter Revenues Rise Despite Loss Of Olympic, Election Revenue
SINCLAIR BROADCAST GROUP total second-quarter 2017 revenues rose 1.9% year-to-year to $679.3 million, with net income attributable to the company falling from $49.4 million to $44.6 million (52 to 43 cents/diluted share), reflecting $6 million of … more »
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July 21, 2017
Sold: Kentucky AM, Texas FM
CHRISTIAN BROADCASTING SYSTEM, LTD. is selling News-Talk WLRT-A (REAL TALK 1250)/NICHOLASVILLE-LEXINGTON, KY to NEW ALBANY BROADCASTING CO., INC. for $175,000 plus an LMA before closing. In other filings with the FCC, THOMAS GEBHART D/B/A RADIODOG MEDIA … more »
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May 8, 2017
Sinclair Buys Tribune Media
SINCLAIR BROADCAST GROUP is buying TRIBUNE MEDIA for $3.9 Billion plus assumption of about $2.7 billion in debt. The deal, originally reported by REUTERS, values TRIBUNE at $43.50 per share, about a 26% premium over the price of TRIBUNE stock the day … more »
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May 3, 2017
Sinclair Revenues Rise For First Quarter
SINCLAIR BROADCAST GROUP first quarter revenues rose 12.3% to $649 million, and net income jumped from $24.1 million to $57.2 million, $27.2 million of which is a gain on the sale of ALARM FUNDING ASSOCIATES. Media revenues before barter rose 12.4% … more »
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April 25, 2017
Oregon FM Sold, Ohio Translators Swapped
BRETT E. MILLER is selling Country KHKF/ISLAND CITY, OR to XANA OREGON, LLC for $50,000. The buyer has been programming the station under a time brokerage agreement since JUNE 1, 2016 and is exercising an option to buy the station outright. In … more »