| Nov 6, 2013
| 12:00 PM
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...
| Nov 6, 2013
| 2:58 PM
Sinclair Broadcast Group Inc. saw profit for the third quarter jump 38 percent, benefiting from strength in television advertising and growth in revenue from fees broadcasters charge cable TV companies to carry their signals.
The Hunt Valley-based TV...
| Feb 12, 2014
| 4:26 PM
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....
| Feb 16, 2014
The deal to buy 1st Mariner Bank started with an irresistible offer — to two men who had nothing to do with the company.
Howard Feinglass, a Baltimore native running a New York investment firm, saw potential in the struggling bank headquartered...
| Feb 18, 2014
| 3:25 PM
Sinclair Broadcast Group Inc. plans to buy back up to $100 million of its common shares.
"We strongly believe in the long-term outlook of our company and our business model and disagree with the market's current discounted view on broadcast," said...
| Sep 30, 2013
| 2:16 PM
Former Baltimore City Circuit Judge Basil A. Thomas, whose legal career spanned more than seven decades, died Friday of congestive heart failure at the Blakehurst Retirement Community in Towson. He was 98.
"He's my guy. Basil lived a long and full...
| Nov 25, 2013
| 2:46 PM
Hunt Valley-based Sinclair Broadcast Group Inc. said Monday it finalized its planned purchase of 18 television stations owned by Barrington Broadcasting Group for $370 million.
Those stations, plus another six Barrington stations that Sinclair will...
| Oct 3, 2013
| 10:11 AM
Sinclair Broadcast Group Inc. has closed on its planned purchase of four television stations owned by Titan Television Broadcast Group for $115.35 million.
As part of the deal, Hunt Valley-based Sinclair took over Titan's agreements to provide sales and...
| Jul 29, 2013
| 2:15 PM
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...
| Jul 30, 2013
| 4:04 PM
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.
| Aug 3, 2013
| 3:00 PM
Sinclair Broadcast Group's billion-dollar bet on seven ABC affiliates and a regional news network in Washington, D.C., hinges on a plan to transform that network into a national enterprise.
Sinclair would use NewsChannel 8 to create a unique hybrid...
| Aug 7, 2013
| 4:09 PM
Sinclair Broadcast Group Inc.'s second-quarter net income fell 41 percent, to $17.8 million, or 19 cents a share, from $30.1 million, or 37 cents a share, in the same period a year earlier but beat Wall Street's expectations.
Profits for the three months...