sinclair
Behind Sinclair Broadcast Group’s Double-Whammy Week
It almost seems like Sinclair Broadcast Group, one of the largest owners of local TV stations (184 stations in some 86 markets) and the largest owner of regional sports networks (RSNs) in the United States, can’t catch a break. As of Tuesday, the company was still dealing with a cybersecurity crisis, having been the victim […]
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Local TV Programming Disrupted as Sinclair Hit by Ransomware Attack
Sinclair Broadcast Group said Monday that it was the victim of a ransomware attack, resulting in dozens of local newscasts and other programming being pulled off the air Sunday and Monday. Sinclair is one of the largest owners of local TV stations in the U.S., operating 184 stations in 86 markets. The incident began on […]
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Local TV Giants Are Coming for CNN’s Ad Dollars
In making a play for brand advertising dollars, three local TV giants have launched or recently rebooted news programming geared toward a national audience, seeking to carve out a piece of a pie long dominated by broadcast and cable news outlets. There’s a gold mine out there: The data firm Kagan estimates that CNN, Fox […]
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Netflix, Spotify Need to Offer “More and More Services” to Avoid Churn, LionTree CEO Says
WarnerMedia’s merger with Discovery. Amazon’s acquisition of MGM. Sinclair’s finance raise to launch a direct-to-consumer streaming sports push. All these deals are critical pieces of a rapidly changing and consolidating entertainment and media industry. And it just so happens that one boutique investment bank, LionTree, has been an advisor on all those agreements. LionTree founder and CEO Aryeh Bourkoff explained […]
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