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Allbritton Communications Company

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  • Sinclair Broadcast Group plans $150M share buyback

    Sinclair Broadcast Group plans $150M share buyback
    Sinclair Broadcast Group Inc. offered to restructure its nearly $1 billion planned acquisition of seven ABC affiliates and a Washington-based cable news network, changes it says will satisfy cross-ownership concerns recently raised by the Federal Communications Commission.
  • Sinclair earnings drop as broadcaster pays off debt

    Sinclair earnings drop as broadcaster pays off debt
    Sinclair Broadcast Group Inc. capped a year of strong broadcast revenue growth and station acquisitions with a 33 percent jump in fourth-quarter sales but a drop in profit as the Hunt Valley company paid off debt. The broadcaster reported income of $2....

    Something's happening to local news

    Something's happening to local news
    So far this year, 223 local TV stations have changed hands. This is the biggest wave of media consolidation ever — and it's all happening in small and mid-level markets, involving companies most people have never heard of. Leading this wave is...

    Sinclair Broadcast buying eight stations for nearly $1B

    Sinclair Broadcast buying eight stations for nearly $1B
    Sinclair Broadcast Group Inc.'s buying spree continued Monday when the Hunt Valley broadcaster announced its largest deal to date at nearly $1 billion. Sinclair plans to buy eight larger-market television stations, including NewsChannel 8 and the ABC...

    Sinclair plans to create 'hybrid' cable TV news channel

    Sinclair plans to create 'hybrid' cable TV news channel
    Sinclair Broadcast Group Inc. plans to create a new cable television news channel with a blend of local and national programming and bring it to cities across the United States over the next couple of years, CEO David Smith said Tuesday. Smith...