BALTIMORE & CHICAGO--(BUSINESS WIRE)--Sinclair today announced the company will partner with Feeding America® to launch Sinclair Cares: Fill the Food Banks, a fundraising campaign to help provide meals to families across the U.S. during the holiday season. The initiative, which begins today, will run through December 25. Through financial contributions, viewers can help provide access to meals for members of their local communities. All donations will directly benefit the Feeding America food b. ...

The FCC has moved to loosen restrictions on local TV ownership, and remove caps on how many TV stations one company can own, which could pave the way for a Sinclair-Scripps merger ...

Sinclair is eyeing a takeover of its local media rival, but Scripps may not be ready to sell just yet. ...

York Space Systems recorded a 59% jump in revenue in the first nine months of 2025, the private equity-backed satellite company revealed in its U.S. initial public offering paperwork on Monday, as cor... ...

Signage is displayed outside the Sinclair Broadcast Group Inc. headquarters in Cockeysville, Maryland, U.S.Sinclair disclosed a stake in fellow broadcast station owner E.W. Scripps on Monday, in a move to push toward a merger of the companies.Sinclair, which acquired a roughly 8% position in Scripps, per the filing, recently launched a strategic review of its own business that could result in a tie-up. Scripps, for its part, has seen its struggles mount in the competitive industry and is among the smallest ...

U.S. broadcaster Sinclair on Monday disclosed an 8.2% stake in smaller rival E.W. Scripps and said it has been in talks for months about a deal that would combine the companies. ...

CINCINNATI, Nov. 17, 2025 (GLOBE NEWSWIRE) -- Today, Sinclair Inc. (NASDAQ: SBGI) disclosed that it has acquired approximately 8.2% of the outstanding class A (non-voting) shares of The E.W. Scripps Company (NASDAQ: SSP). Scripps’ board of directors and management are focused on driving value for all of the company’s shareholders through the continued execution of its strategic plan. The board and management are aligned on doing only what is in the best interest of all of the company’s shareholders as well ...

智通财经APP获悉，据媒体援引知情人士消息报道，美国电视巨头辛克莱尔广播集团(SBGI.US)已持有 The E.W. Scripps(SSP.US)约8%的股份，并正在推动收购这家地方电视台运营商。受此消息提振，截至 发稿，The E.W. Scripps周一美股盘前涨超18%。 知情人士称，两家公司近几个月进行了富有成效的谈判，但尚未达成协议。该知情人士补充称，辛克莱 尔广播集团增持The E.W. Scripps股份旨在向后者施加谈判压力，相关持股情况预计将在周一晚些时候 的监管文件中披露。 资料显示，The E.W. Scripps运营着超过40个市场的60余家地方电视台。随着投资者对其体育战略进展 表示认可，该公司股价今年已上涨近39%。 值得一提的是，在特朗普去年赢得美国总统大选并表示将放松监管——尤其是在广播领域——之后，市 场就已预计将出现大规模的地方电视台整合。特朗普任命的联邦通信委员会主席布兰登・卡尔长期以来 便主张放宽行业限制。今年8月，联邦通信委员会宣布，将废除98项其认定为 "过时、陈旧或不必要" 的 广播规则和要求。联邦通信委员会表示，其中一些规则可追溯至近50年前，适用于 "已不 ...

Core Viewpoint - Sinclair believes that scale is increasingly necessary in the broadcast TV industry and has acquired a stake to pressure Scripps into striking a deal [1] Group 1 - Sinclair's acquisition of a stake is aimed at influencing Scripps to negotiate a potential agreement [1]

Revenue Performance - Total revenue for the three months ended September 30, 2025, was $773 million, a decrease of 16% compared to $917 million in the same period of 2024[290]. - Media revenue decreased by 21% to $667 million for the three months ended September 30, 2025, down from $845 million in 2024[292]. - Political advertising revenue plummeted by 96% to $6 million for the three months ended September 30, 2025, compared to $138 million in 2024, due to the off-year election cycle[296]. - Core advertising revenue decreased by $14 million, or 5%, for the three months ended September 30, 2025, compared to the same period in 2024[295]. - Distribution revenue fell by $13 million, or 3%, for the three months ended September 30, 2025, impacted by mid-teen percentage subscriber decreases[294]. - Total media revenue for Q3 2025 was $667 million, a decrease of 21% from $845 million in Q3 2024[329]. Operating Income and Loss - Operating income for the three months ended September 30, 2025, was $58 million, a significant decline from $179 million in 2024[290]. - Operating income for Q3 2025 was $49 million, down 73% from $182 million in Q3 2024[329]. - Net loss attributable to Sinclair for the three months ended September 30, 2025, was $1 million, compared to net income of $94 million in 2024[290]. - Net loss attributable to SBG for Q3 2025 was $30 million, compared to a net income of $80 million in Q3 2024[329]. Expenses - Sinclair's media programming and production expenses decreased by $6 million for the three months ended September 30, 2025, primarily due to reductions in litigation and consulting expenses[300]. - Media selling, general and administrative expenses decreased by $23 million (approximately 10%) for the three months ended September 30, 2025, compared to the same period in 2024[301]. - Media programming and production expenses increased by $5 million (17%) for the three months ended September 30, 2025, primarily due to higher tournament production costs[311]. - Corporate general and administrative expenses decreased by $12 million (8%) for the nine months ended September 30, 2025, compared to the same period in 2024[321]. - Corporate general and administrative expenses decreased by 13% to $21 million in Q3 2025 from $24 million in Q3 2024[333]. Cash Flows - Net cash flows used in operating activities for Q3 2025 were $(36) million, compared to $210 million in Q3 2024[345]. - Net cash flows used in operating activities for Sinclair decreased to $(22) million in Q3 2025 from $226 million in Q3 2024[351]. - For the nine months ended September 30, 2025, net cash flows from operating activities increased to $91 million compared to $(86) million in the same period of 2024[351]. - Net cash flows used in investing activities increased to $(21) million in Q3 2025 compared to $(2) million in Q3 2024, primarily due to a decrease in distributions and proceeds from investments[353]. - Net cash flows used in investing activities for the nine months ended September 30, 2025, increased to $(55) million from $(20) million in the same period of 2024[351]. - Sinclair's financing activities saw an increase in net cash flows used to $(205) million for the nine months ended September 30, 2025, compared to $(11) million in the same period of 2024[351]. Debt and Interest - Interest expense increased by $7 million (approximately 11%) for the three months ended September 30, 2025, primarily due to recent transactions[304]. - Gain on extinguishment of debt recognized for the nine months ended September 30, 2025, amounted to $4 million from repurchasing $81 million of Senior Notes[305]. - The repurchase of the 5.125% Senior Notes due 2027 contributed to increased financing activities outflows in the nine months ended September 30, 2025[354]. Tax Rate - Effective tax rate for the three months ended September 30, 2025, was a benefit of 188.6%, compared to a provision of 23.0% in the same period of 2024[323]. - The effective tax rate for Q3 2025 was a benefit of 18.2%, compared to a provision of 22.8% in Q3 2024[335]. Dividends and Awards - Sinclair declared a quarterly dividend of $0.25 per share in August 2025[291]. - Sinclair declared a quarterly dividend of $0.25 per share in both August and November 2025, subject to the Board's discretion[350]. - Sinclair's newsrooms won a total of 227 journalism awards in 2025, including 25 RTDNA regional Edward R. Murrow Awards[285]. Contracts and Agreements - Sinclair entered into agreements increasing estimated contractual amounts owed for tennis programming rights by $165 million, extending into 2032[343]. - During the nine months ended September 30, 2025, SBG repurchased $81 million of 5.125% Senior Notes due 2027 for $77 million[342].