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Sinclair Broadcast Group

BUSINESS
By June Arney and June Arney,SUN STAFF | August 19, 2000
Sinclair Broadcast Group Inc. announced yesterday that it has agreed to acquire WNYO-TV in Buffalo, N.Y., for $51.5 million in cash - making it the fifth station that Sinclair either owns or programs in that state. Cockeysville-based Sinclair programs another Buffalo station, WUTV-TV, and has an application pending before the Federal Communications Commission to acquire that station. WNYO-TV is owned by Grant Television Inc. "By adding a second station in Buffalo, we will be armed with a stronger local sales force to further build on and expand customer relationships," said Barry Drake, chief executive officer of the Television Division of Sinclair.
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BUSINESS
May 1, 2005
A weekly briefing on the economic calendar Monday Construction spending for March Institute for Supply Management index for April Earnings: Avon Products Inc., DirecTV Group Inc., Humana Inc., Sysco Corp., Tyson Foods Inc., Principal Financial Group Inc. Tuesday Auto and truck sales for April Factory orders for March Earnings: Caremark Rx Inc., Emerson Electric Co., Loews Corp., Qwest Communications International Inc., Safeway Inc., St. Paul Travelers Cos., Tyco International Ltd., Aon Corp.
BUSINESS
January 5, 2010
Television station owner Sinclair Broadcast Group Inc. on Monday revised its outlook for fourth-quarter net broadcast revenue to a better-than-expected $153.8 million, or 6.5 percent lower than the fourth quarter of 2008. The Hunt Valley-based broadcaster had previously anticipated net broadcast revenue, from advertising on its stations, of $143.3 million to $146.3 million for the three months ended Dec. 31, or a drop of 11 percent to 12.8 percent. Sinclair, which owns, operates or programs 58 U.S. stations, including Fox 45 in Baltimore, said it has seen advertising revenue improve in the automobile sector because of increased spending on ads by dealers and domestic manufacturers.
NEWS
The Baltimore Sun | August 16, 2012
Sinclair Broadcast Group announced Thursday that it has reached a retransmission agreement in principle with the Dish Network and that it has extended the existing pact by two weeks to allow the negotiation of a final contract. The agreement had been set to expire at 12:01 a.m. Thursday. Retransmission contracts set the fees that cable and satellite TV providers pay broadcast stations to include their signals in channel lineups. The agreement allows Dish, which has about 14 million customers nationwide, to carry 70 television stations that Sinclair provides service to or owns.
BUSINESS
By BLOOMBERG NEWS | November 24, 1998
NEW YORK -- Sinclair Broadcast Group Inc. agreed yesterday to buy about 32 percent of Acrodyne Communications Inc., maker of TV transmitters, for $7.1 million.Sinclair, the Baltimore-based owner of radio and television stations in mostly midsize U.S. markets, will pay $4.3 million for 1.4 million shares of newly issued Acrodyne common stock and warrants to buy up to 8.7 million shares over seven years at prices ranging from $3 to $6 a share.In addition, Sinclair will acquire about 800,000 shares currently held by Scorpion/Newlight investment group for about $2.8 million.
BUSINESS
By Lorraine Mirabella, The Baltimore Sun | June 2, 2011
Shareholders of Sinclair Broadcast Group Inc. approved the company's executive pay package in a "say on pay" nonbinding vote Thursday. Besides weighing in on compensation during Sinclair's annual meeting, shareholders also re-elected the broadcaster's eight directors, including Chairman David D. Smith, Sinclair's chief executive officer and president. Smith's total compensation last year was $3.6 million, including $1 million base salary, $1 million cash bonus and $1.6 million in option awards, up from a total compensation of $1 million in salary with no bonuses or option awards in 2009.
FEATURES
By From staff reports | April 13, 2005
Maryland has denied unemployment benefits to Sinclair Broadcast Group whistleblower Jon Leiberman, fired last fall for criticizing plans to air an anti-John Kerry documentary shortly before the 2004 presidential election, www.broadcasting cable.com reported last night. Leiberman, a Westminster native, was fired by Hunt Valley-based Sinclair after he told The Sun the documentary Stolen Honor was "propaganda." The Reed Business Information-operated Web site reported that a state Department of Labor report labeled Leiberman's actions "gross misconduct" and a "wanton disregard" of his obligations to Sinclair.
NEWS
October 15, 2004
After the many attacks on Bush, it's Kerry's turn Hats off to Sinclair Broadcast Group ("Democrats ask FCC to review Sinclair program on Kerry," Oct. 14). After Michael Moore's blatantly biased anti-Bush film and the discredited attack on President Bush's National Guard service by Dan Rather and CBS, it's Sen. John Kerry's turn for some criticism. The major TV networks and newspaper conglomerates have been blatantly aiding Mr. Kerry by ignoring his post-Vietnam War activities and his Senate record on defense and intelligence.
BUSINESS
September 21, 1998
New positionsTalamantes is treasurer of Sinclair Broadcast GroupSinclair Broadcast Group promoted Patrick J. Talamantes to treasurer; he was most recently the media company's director of corporate finance. Before that, he was treasurer of River City Broadcasting, which was acquired by Sinclair.From 1986 to 1995, Talamantes held various positions in Global Bank with Chemical Banking Corp. He is an MBA graduate of the Wharton School, University of Pennsylvania.GBC names Smith member services directorGreater Baltimore Committee named Alice C. Smith director of member services.
FEATURES
By DAVID ZURAWIK and DAVID ZURAWIK,SUN TELEVISION CRITIC | May 3, 2006
The CW network, which is being launched this fall, will be broadcast in Baltimore on WNUV (Channel 54). The fledgling network is being formed by the merger of two underachieving broadcast operations, UPN and WB, and will target viewers 18 to 34 years old. Its fall lineup, which will be announced this month, is expected to include the WB's Gilmore Girls and UPN's America's Next Top Model. Managed by the Hunt Valley-based Sinclair Broadcast Group, WNUV is the Baltimore affiliate for the WB network, and although the CW startup was announced in January, no Baltimore outlet had been secured until yesterday.
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