Sinclair

In third quarter guidance, Sinclair is expecting total media revenue to be down 10% to 12% to a range of $733 million to $752 million, compared to a pro forma $832 million for the third quarter of 2022. “The primary reason for the decline is due to the absence of political advertising revenues in a non-political year,” EVP-CFO Lucy Rutishauser told Wall Street analysts.

The decrease to $768 million was led by 16% lower ad revenue, core revenue down 3% and lower distribution revenue.

Agencies want broadcasters to run what they pay for and feel that should no longer be challenging in 2023, executives from Sinclair, Magna, Icon International and Locality said during a TVNewsCheck webinar last week.

Technology executives from Paramount Global, Sinclair, Graham Media, Grass Valley and swXtch.io told a TVNewsCheck webinar last week improvements in cloud playout software are enabling wholesale shifts in networks’ and stations’ architecture. But getting a fix on the cost of launching cloud playout remains frustratingly elusive.

Diamond’s largely stiffed secondary creditors are asking the bankruptcy court why they’ve been left holding the bag while JP Morgan was made whole.

He joins from HBO Max to fill a new position shaping and executing Sinclair’s growth and engagement strategy for social media and digital content initiatives.

He is tapped as VP-GM of WICS-WICD (and will also oversee WRSP-WCCU and WBUI in the Illinois market.

Executives from Sinclair, Magna, Locality and ICON International will explore the many ways to potentially streamline local television ad buying and selling and which methods are furthest along the track in a TVNewsCheck Working Lunch Webinar on July 27. Register here.

Executives from Sinclair, Fox Television Stations, NBCUniversal Local, Bitcentral and Imagine Communications will discuss the sticky process of determining what stays on-premises and what functions should best move to the cloud in a TVNewsCheck Working Lunch Webinar on Aug. 10. Register here.

The upgrades increased the signal power to a full 1 megawatt transmission, the maximum allowed by the FCC for UHF stations.

Executives from Warner Bros. Discovery, Sinclair, Tegna, Ross Video and TAG shared the latest in how they’re using the cloud to gain new flexibility and efficiency, from unlocking AI’s progress to “decomposing” news workflows and building “digital backlots,” in a TVNewsCheck webinar last week.

Executives from Paramount, Sinclair, Graham Media, Grass Valley and swXtch.io will discuss advances in linear playout for live sports and news in a TVNewsCheck Working Lunch webinar on July 20. Register here.

The broadcaster will oversee WSMH (Fox), WEYI (NBC) and WBSF (CW) in DMA 74.

He says media regulations are outdated and are hindering Sinclair’s ability to compete.

As ATSC marked its 40^th anniversary at last week’s conference, conversations resoundingly turned to alternative uses for the NextGen TV spectrum including datacasting and PNT applications.

The Jazz announced Tuesday that they will air games on KJZZ Salt Lake City starting in the upcoming 2023-24 season. The independent station owned by Sinclair Broadcast Group will broadcast all non-nationally televised Jazz games for the foreseeable future. Furthermore, the team will establish a new media arm called SEG Media that will sell subscriptions to a direct-to-consumer streaming service for fans to watch games over the internet, which also promises to deliver “unprecedented access” to the team with “behind-the-scenes” footage.

With continued pressure on satellite capacity and steady improvement in connectivity, vendors expect more networks to move at least some of their distribution to terrestrial IP over the next few years. Sinclair, MSG and Estrella have been among the early movers. Pictured: LTN’s Technical Operations Center in Columbia, Md.

Sinclair’s WPEC in West Palm Beach, Fla., started recording the testimonies as part of a company-wide project. Brent Struense, WPEC’s marketing and creative services director, says, “We cannot imagine what these people endured and survived.”

Sinclair Broadcast Group has officially become Sinclair, a new holding company, following the exchange of Sinclair Broadcast Group stock for Sinclair shares, effective June 1. The company announced plans to set up the new holding company in April.

Leaders from Warner Bros. Discovery, Sinclair, Tegna, TAG Video Systems and Ross Video will discuss how the cloud’s use for live production is likely to advance this year in a TVNewsCheck Working Lunch Webinar on June 22 at 1 p.m. ET. Register here.

Executives from Fox Sports, BBC and Sinclair Inc. will unpack the pace of the 5G rollout and its application in news and sports production in a TVNewsCheck Working Lunch webinar at 1 p.m. ET on May 18. Register here.

Station groups and syndicators are looking to collaborate more in an effort to make new shows work for everyone.

Sinclair promotes him from station manager to oversee its ABC affiliate and cable news channel in D.C.

Even with a recession looming, executives from Sinclair, Nexstar, Marketron, Horizon Media and JDA Media said at a TVNewsCheck webinar last week that stations still see lots of opportunities for strong selling across a variety of categories, including healthcare, sports betting, legal and more.

The former VP-GM of the station group’s Wichita, Kan., duopoly will oversee KRCR, KRVU, KUCO and KCVU in California.

Sinclair moves her from KUTV Salt Lake City where she was marketing sales manager to lead operations at its Idaho CBS-CW duopoly.

Executives from Fox Corp., Sinclair, and E.W. Scripps will discuss how media companies are revamping their technology and building new workflows as a hedge against cybersecurity threats in a panel at TVNewsCheck’s Cybersecurity for Broadcasters Retreat at the NAB New York Show on Oct. 18. Register here.

Executives from Fox Corp., Tegna, Sinclair and Bitcentral at least week’s NewsTECHForum said the cloud has become an increasingly important tool for business recovery, even with the caveat that the public cloud can be subject to its own outages.

Executives from WarnerMedia, Sinclair, CBS Owned Stations and Hearst will look at the financial implications of full and partial migrations to the cloud in a panel at TVNewsCheck’s virtual TV2025: Monetizing the Future event on Sept. 23. Register here.

Sinclair promotes the 17-year veteran from sales director to lead its Fox affiliate and oversee services provided to CW affil WNUV.

Here are the complete videos and story links for TVNewsCheck’s NewsTECHForum, featuring a keynote interview with veteran news producer David Bohrman and news and technology leaders from ABC News, Hearst, Tegna, NBCU Owned Television Stations, CBS Owned Stations, ABC Owned Stations, Gray Television, Graham Media, Sinclair, E.W. Scripps, Meredith, BBC, AJ+ and more.

The veteran journalist joins Sinclair’s Baltimore Fox affiliate from WHDH Boston.