_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 brian stelter book sales 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: 1.2M times
✓ Published: 11-May-2024
👁 View: 1.2M 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
Related Videos
_brian-stelter-discusses-39network-of-lies39-and-how-fox-maintains-its-brand.webp "PBS NewsHour")
_baldinger-theres-a-high-bust-factor-in-the-first-round.webp "NFL Insider Brian Baldinger explains the importance of NFL rookie minicamps just a few weeks after the draft")
_brian-stelter-the-epic-saga-of-fox-news-and-the-battle-for-american-democracy.webp "Commonwealth Club World Affairs of California")
⏲ 1 hour 3 minutes 5 seconds 👁 15.2K
_brian-stelter-9234hoax9234.webp "BookTV")
_brian-stelter-with-juliette-kayyem.webp "HarvardBookStore")
_caution-before-you-sell-books-direct-to-readers.webp "Book Launchers")
_new-music-kings-of-leon-andra-day-brian-kelley-sebastian-bach-and-more.webp "Alec Benjamin releases 12 Notes ; Andra Day drops CASSANDRA (cherith) ; Brian Kelley serves up Tennessee Truth; Kings of Leon delivers Can We Please Have Fun ; Powerman 5000 comes out with Abandon Ship ; Scotty McCreery releases Rise & Fall ; and Sebastian Bach brings us Child Within The Man .")
_hoax-donald-trump-fox-news-by-brian-stelter-124-pandemic-book-review.webp "Allan Bonner Communications Management Inc.")
_brian-stelter-discusses-39network-of-lies39-and-how-fox-maintains-its-brand.jpg)
_baldinger-theres-a-high-bust-factor-in-the-first-round.jpg)
_brian-stelter-the-epic-saga-of-fox-news-and-the-battle-for-american-democracy.jpg)
_brian-stelter-9234hoax9234.jpg)
_brian-stelter-with-juliette-kayyem.jpg)
_caution-before-you-sell-books-direct-to-readers.jpg)
_new-music-kings-of-leon-andra-day-brian-kelley-sebastian-bach-and-more.jpg)
_hoax-donald-trump-fox-news-by-brian-stelter-124-pandemic-book-review.jpg)
![[+]](/images/menu.gif){kind=small}