_sinclair-explores-sale-of-over-30-of-broadcast-stations-amid-tensions-and-financial-losses.jpg "Sinclair Explores Sale of Over 30% of Broadcast Stations, Amid Tensions and Financial Losses from 06 co Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:45
👁 View: 2.9M times
✓ Published: 11-May-2024
👁 View: 2.9M times
✓ Published: 11-May-2024
Description:
Sinclair wants to sell more than 30% of its 185 owned or operated broadcast stations across the US through investment bank Moe-liss & Co. The stations considered for sale generate an estimated $1.5 billion in combined revenue for 2023-2024 and are located in major markets like Minneapolis, Portland, Pittsburgh, Austin, and Fresno. Sinclair is open to selling all or some of the 60+ stations that have been identified as potential sales. The potential sales come amid tensions within Sinclair's owning Smith family and losses of over 70% in market value over 5 years.
Sinclair wants to sell more than 30% of its 185 owned or operated broadcast stations across the US through investment bank Moe-liss & Co. The stations considered for sale generate an estimated $1.5 billion in combined revenue for 2023-2024 and are located in major markets like Minneapolis, Portland, Pittsburgh, Austin, and Fresno. Sinclair is open to selling all or some of the 60+ stations that have been identified as potential sales. The potential sales come amid tensions within Sinclair's owning Smith family and losses of over 70% in market value over 5 years.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
_co-founder-of-new-tunbridge-wells-lgbtq-group-on-homophobic-experiences.webp "Luca Zanetti-Springett, the co-founder of a new LGBTQ+ community group in Kent, speaks out on the importance of safe spaces.")
_timberwolves-battle-to-force-game-7-vs-denver-tonight.webp "Timberwolves Battle to Force Game 7 vs. Denver Tonight from 06 co")
_olivia-rodrigo-still-figuring-out-when-to-reschedule-manchester-co-op-live-concerts.webp "Co-Op Live's boss has said they are leaving it \")
_nuggets-vs-timberwolves-denver-eyes-series-win-tonight.webp "Nuggets vs. Timberwolves: Denver Eyes Series Win Tonight from 06 co")
_nba-playoffs-game-6-denver-vs-minnesota-showdown.webp "NBA Playoffs: Game 6 Denver vs. Minnesota Showdown from 06 co")
_drew-barrymore-amp-savannah-guthrie-spill-all-their-friendship-secrets-124-marie-claire.webp "Longtime friends Drew Barrymore and Savannah Guthrie—who are now co-stars thanks to their Netflix children's show, Princess Power—played Marie Claire's 'How Well Do You Know Your Co-Star?' dishing all the deets on each others favorite things, from hobbies to cocktails.")
_nicole-jokic39s-unmatched-nba-skills-and-game-insights.webp "Nicole Jokic's Unmatched NBA Skills and Game Insights from 06 co")
_exciting-sports-recap-nba-playoffs-and-nfl-updates.webp "Exciting Sports Recap: NBA Playoffs and NFL Updates from 06 co")
_co-founder-of-new-tunbridge-wells-lgbtq-group-on-homophobic-experiences.jpg)
_timberwolves-battle-to-force-game-7-vs-denver-tonight.jpg)
_olivia-rodrigo-still-figuring-out-when-to-reschedule-manchester-co-op-live-concerts.jpg)
_nuggets-vs-timberwolves-denver-eyes-series-win-tonight.jpg)
_nba-playoffs-game-6-denver-vs-minnesota-showdown.jpg)
_drew-barrymore-amp-savannah-guthrie-spill-all-their-friendship-secrets-124-marie-claire.jpg)
_nicole-jokic39s-unmatched-nba-skills-and-game-insights.jpg)
_exciting-sports-recap-nba-playoffs-and-nfl-updates.jpg)
![[+]](/images/menu.gif){kind=small}