February 2023, we declared a quarterly cash dividend of $0.25 per share. In 2004, Sinclair's political slant was scrutinized by critics when it was publicized that nearly all of Sinclair's recent campaign contributions were to the Republican Party. [24] On November 8, 2004, Sinclair sold off KSMO-TV in Kansas City to Meredith Corporation for $26.8 million. Tribune Media CEO Peter Kern stated that the sale "cannot be completed in an acceptable timeframe, if ever"; the suit cited Sinclair's "belligerent and unnecessarily protracted negations" with the Department of Justice and FCC over regulatory negotiations in order to maintain control of stations that it was advised to divest, as well as violations of the sale agreement requiring divestitures of stations to not result in any threats of regulatory scrutiny. [43] The former Cox and Barrington stations are operated through subsidiary Chesapeake Television, focusing on smaller markets and with management separate from Sinclair proper. A Sinclair Affiliate Used APhoto Of Black Lives Matter Activist DeRay McKesson In Relation To Stories He Had Nothing To Do With. Vyhadvanie: Oddelenie: Stavebn rad pecilny stavebn rad Organizan oddelenie ivotn prostredie a zemn plnovanie Oddelenie sprvy majetku a vntornej sprvy Oddelenie verejnho . They are considered a rival to the right biased Fox News for the conservative audience. With the American flag having been seen in recent years as a symbol of conservatism, this was seen by some as a reinforcement of the political slant of Sinclair. The third was announced for DC under WJLA-TV. /r/Politics is for news and discussion about U.S. politics. The terms of the agreement were not released to the public. The Distributor industry has continued to undergo significant consolidation, [69], Sinclair announced the purchase of eight stations owned or operated by New Age Media on September 25, 2013. technical, maintenance, and building projects at our stations. services agreement, which is eliminated in consolidation. We will respond back to you. Representatives for Sinclair noted that they "have been negotiating for quite some time in an effort to reach a new agreement, at this time it does not appear that these efforts will be successful. See Note 7. In 1990, David Smith and his three brothers bought their parents' remaining stock and went on a buying spree that eventually made it one of the largest station owners in the country, through the purchases of groups such as Act III Broadcasting (in 1995) and River City Broadcasting (in 1996). [92] It began broadcasting on February 13, 2017. In June 2020, Sinclair announced it would launch "a headline news service" that would air weekday mornings (6:00 AM 9:00 AM local time) and rely on news-gathering services of Sinclair's stations as well as original content, similar in format to NewsNation produced by Nexstar Media Group for WGN America. See all Right Bias sources. In the interview, she claims that Dr. Fauci created Covid-19, which is patently false. In a filing with the Securities and Exchange Commission on July 14, 2009, Sinclair stated that if the company could not refinance its $1.33 billion debt or if Cunningham Broadcasting became insolvent due to nonpayment on a loan worth $33.5 million, Sinclair may be forced to file for Chapter 11 bankruptcy. "[5][6] The company has been criticized by journalists and media analysts for requiring its stations to broadcast packaged video segments and its news anchors to read prepared scripts that contain pro-Trump editorial content, including warnings about purported "fake news" in mainstream media, while Trump has tweeted support for watching Sinclair over CNN and NBC. Sinclair Broadcast Group, the country's largest operator of local television stations, is in the process of buyingTribune Media. approximate percentages of advertising revenue, excluding digital revenue, for This should fucking be illegal. [189] Sinclair-owned WMSN-TV refused to air the message (although its news is produced by Morgan Murphy Media-owned WISC-TV). That's how Putin wins. vedie evidenciu hnutenho a nehnutenho majetku mestskej asti Bratislava-Nov Mesto. We attempt to empower and, through our investment and employees dedication, break through the barriers to success and continue to build upon our already celebrated tradition. [57] Sinclair exercised its option to purchase KDBC-TV outright[58] citing KDBC-TV's fourth-place ranking in the El Paso market while KFOX ranked sixth, making it permissible under FCC duopoly regulations. Sinclair Broadcast Group, the country's largest operator of local television stations, is in the process of buying Tribune Media. We believe our employees knowledge, dedication, and ingenuity may lead us to newer heights. Notes Payable and Commercial Bank Financing, Note 8. This article explains the Sinclair Broadcasting piece of the puzzle. News directors were asked to discuss the issues outlined in the memo with staffers. 03/01/23 2:41 PM EST, Article Interest due on our total debt in the next twelve months of $275 million, The Fox affiliation in Pittsburgh went to higher-rated WPGH-TV, which would later be purchased by Sinclair in 1990. MBFC Credibility Rating: MEDIUM CREDIBILITY. [157] Critics including former CBS Evening News anchor Dan Rather have described Sinclair's practices as being "an assault on our democracy" by disseminating what they perceive to be Orwellian-like propaganda to its local stations. The sale would have given Sinclair ownership of additional stations within the top-10 markets, along with ownership of a stake in Food Network, WGN America, and other additional assets,[103] To comply with Department of Justice antitrust and FCC ownership regulations, it was suggested that Sinclair would have to divest stations in multiple markets. 2021, versus only 10 months of activity in 2020. years ended December 31, 2022, 2021, and 2020 (in millions): Gain on deconsolidation of subsidiary $ (3,357) $ -, Gain (loss) on extinguishment of debt $ 3 $ (7). Sinclair Aired An Ad In 2008 That Linked Obama To Weather Underground Founder Bill Ayers. Read our profile on the United States government and media. events, and information about industry trends; Liquidity and Capital Resources - a discussion of our primary sources of [225], In a January 5, 2007, article, Broadcasting & Cable reported that Sinclair might pull 30 stations from Comcast systems after its retransmission agreement was slated to expire on February 5. NewsON is the nations largest aggregator of local news content. Sinclair Broadcast Group Intends To BuyTribune Media For Nearly $4 Billion. that way you can tell your friends and family they are watching straight up propaganda bullshit mixed in with their local news. NOTE: Soft money contributions were not publicly disclosed until the 1991-92 election cycle. The company also has ties to President Donald Trump and his administration, covered him very favorably during his presidential campaign, and hired one of his former aides as an analyst. For the year ended December 31, 2022, our newsrooms won a total of 290 [167], In July 2017, the HBO news comedy program Last Week Tonight devoted a segment to discussing Sinclair, where host John Oliver presented clips of various anchors using an identical script describing the FBI as having a "personal vendetta" against Michael Flynn, clips of Mark Hyman editorials (in which he compared multiculturalism and political correctness to a cancer epidemic, and stated that marriage was a solution to domestic abuse), and joked that the "Terrorism Alert Desk" segments defined terrorism as "anything a Muslim does". effective weighted average interest rate of 7.07% as of December 31, 2022. [147], On December 16, 2016, Jared Kushner, son-in-law of then-President-elect Donald Trump, stated that it had reached deals with Sinclair to give the company extended access to the Trump campaign, in exchange for airing, without further commentary, interviews with the Republican Party candidate on its stations, which Kushner said had a better reach than cable networks such as CNN. In addition, Sinclair offered no stories about Clintons views about 9/11, about what role Chelsea Clinton might play in her mothers administration or about Bill Clintons campaign role. launching their own DTC platforms. Seriously. companies. [115][116], Following the failed acquisition of Tribune Media, Sinclair has mentioned publicly about buying Fox Sports Networks, as well as the stations owned by Cox Media Group. We mistakenly tweeted a photo of @deray with an unrelated story link about a bank robbery. poschodie. [214] On January 30, 2007, Senators Daniel Inouye, chairman of the Senate Committee on Commerce, Science and Transportation and Ranking Member Ted Stevens signed a letter addressed to FCC chairman Kevin Martin. Bias Rating: RIGHT to certain services provided by the broadcast segment under a management They are doing great work, Cernovich told The Daily Beast. [M]uch of the reporting about Sinclair in recent months has been irresponsible and much of it is just plain false, Livingston wrote in the memo. For example: Sinclair-owned stations and its Washington bureau scored 15 exclusive interviews with Trump over the past year, including 11 during the final three months of the campaign in critical states such as Pennsylvania and Ohio. In general, be courteous to others. 09/27/22 2:08 PM EDT, Article The video was removed due to allegations of antisemitism. Since its founding in 1971, the Sinclair Broadcast Group has come to own or operate nearly 200 television stations in some 100 markets covering more than 40 percent of American households. [38] Two of Sinclair's existing stations in markets affected by the Newport deal, WSTR-TV and KMYS, were sold to Deerfield Media. Distributors for our broadcast signals, increased $55 million in 2022, when [4], On the first of April 2021 Sinclair anchorman Reed Cowan said that if WE Charity did not pay him $20 million, he would use Sinclair Broadcast Group's television platforms to disparage a Canadian charity which builds schools in Africa. The following table sets forth certain of our consolidated operating data for The Commercial Radio Institute, by then a division of Chesapeake Television Corporation, later founded WPTT (now WPNT) in Pittsburgh, in 1978; and WTTE in Columbus, Ohio, in 1984. Traffic/Popularity: High Traffic Before the 2004 presidential election, Sinclair drew sharp criticism, including from Senator John McCain, Republican of Arizona, for its refusal to broadcast an episode of Nightline devoted to reciting the names of every member of the military killed in action in Iraq. [Politico, 12/16/16]. Open Secrets following the money in politics, OpenSecrets Following the money in politics. [20] Analysis / Bias Sinclair has been scrutinized by multiple media outlets for consistently favoring conservative politics. The Company owns, operates and/or provides services to 185 television stations in 86 markets; is a leading local news provider in the country; owns multiple national networks; and has TV stations affiliated with all the major broadcast networks and owns and/or operates 21 RSN brands. On May 8, CNN reported that Sinclair Broadcast Group, Americas biggest owner of local TV stations, has agreed to buy Tribune Media for $43.50 per share, valuing the deal at $3.9 billion. CNN also noted that Tribune operates dozens of TV stations across the country, and has a cable channel, WGN America; a 32% stake in the CareerBuilder web site; and a 31% stake in the Food Network. [CNN.com, 5/8/17]. For Ad-Free Subscriptions go here: https://mediabiasfactcheck.com/membership-account/membership-levels/, Terms and Conditions [172][173][146] ABC stated that the segment was meant to be "an expression of respect which seeks to honor those who have laid down their lives for this country. Leases, and Some sources in this category may be untrustworthy. 03/01/23 3:36 PM EST, Video & Audio In 1994, Sinclair signed a deal with Paramount and its UPN network, bringing five affiliates WPTT-TV in Pittsburgh, WNUV-TV in Baltimore, WCGV-TV in Milwaukee, WSTR-TV in Cincinnati and KSMO-TV in Kansas City to the network. parties were banned after the 2002 cycle. Note 9. Copyright 2023 Surperformance. Among the stations affected were KBTV-TV in Port Arthur, Texas (merged onto KFDM), WRGT-TV in Dayton, Ohio (merged onto WKEF, though WRGT-TV did maintain a primary MyNetworkTV affiliation), WVAH-TV in Charleston, West Virginia (merged onto WCHS-TV), KFXA in Cedar Rapids, Iowa (merged onto KGAN), and original Sinclair signee WTTE in Columbus, Ohio merging onto WSYX. Smith's son David D. Smith began taking a more active role in the company in the 1980s. Unable to find a buyer, Sinclair proposed on May 29, 2014, to return to the FCC the licenses for WCFT-TV in Tuscaloosa, Alabama, WJSU-TV in Anniston, Alabama, and WCIV in Charleston, South Carolina, transferring the intellectual properties of those three stations to existing Sinclair-owned stations. at the very least, know which stations are owned and manipulated by Sinclair Broadcasting in your city. SINCLAIR BROADCAST GROUP INC MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL [123], On January 27, 2020, Sinclair announced that it would sell WDKY-TV in Lexington, Kentucky, and the non-license assets of KGBT-TV in Harlingen, Texas, to Nexstar Media Group for $60 million, as part of a settlement between the two companies over Sinclair's failed acquisition of Tribune Media, which was ultimately acquired by Nexstar. In the closing paragraphs, Livingston alleges that reporters from major media outlets are biased, and calls on them to openly disclose their political tendencies, adding that doing so would help consumers understand the agenda of the reporters and editors providing the content., What we find most troubling in the reporting about our company, by major media outlets (like the New York Times and Washington Post), is the omission of key facts in their stories, Livingston wrote. Epshteyn reliably parrots the White House's point of view on most issues. kancelria . Soft money contributions were not publicly disclosed until the 1991-92 election cycle. [215] The impasse ended on February 2 when Mediacom announced that it had reached a retransmission agreement with Sinclair for undisclosed terms. February 01, 2023. In particular, the Center for Public Integrity showed concern that the Republican slant of Sinclair's news programming, along with Mark Hyman's history of government lobbying (such as for the FCC to loosen rules regarding concentration of media ownershipa factor that has assisted in the company's growth),[151] made its stations provide "anything but fair and balanced news programming." In 2015, Sinclair gave discredited former CBS reporter Sharyl Attkisson her own show to air on Sinclairs stations. KBOI has issued an apology on their Twitter account, reading: We messed up. Tennis.comis the largest digitaloutletdedicated tothe sport. Feel free to distribute or cite . On April 2, 2018, Sinclair Broadcast Group released a statement on their website in response to what it called "unfounded media criticism. rates, partially offset by a decrease in subscribers. Some of their giving has been to Democrats, mostly for state and local races in Maryland. 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