Sinclair, Inc. Increases Third Quarter and Full-Year 2024 Political Revenue Expectations; Reiterates Prior Net Retrans Forecast
September 20, 2024
September 20, 2024
COCKEYSVILLE, Maryland, Sept. 20 -- Sinclair, a media company and a provider of local news and sports, issued the following news release on Sept. 19, 2024:
BALTIMORE - Sinclair, Inc. (Nasdaq: SBGI), the "Company," today announced that it is increasing its advertising guidance for the third quarter 2024 to account for stronger-than-expected political revenues. The Company's updated expectation for third quarter political advertising revenue is approximately $140 million to . . .
BALTIMORE - Sinclair, Inc. (Nasdaq: SBGI), the "Company," today announced that it is increasing its advertising guidance for the third quarter 2024 to account for stronger-than-expected political revenues. The Company's updated expectation for third quarter political advertising revenue is approximately $140 million to . . .