Reply #4: Isn't Sinclair already financial trouble? [View All]

[Zorra]

Almost seems like Sinclair is just a republican media shill group rather than a corporation intent on making a profit.

"News Central" or is it "News Speak"?

It would really be a good thing for the United States if we could make this company go bankrupt and go out of business. This may not be nice but this company is truly abusing our public airwaves in a very malicious manner.

They deserve it. I am boycotting all Sinclair advertisers.

Sinclair Broadcast Group, Inc.

From there, the company embarked on a mission to get “as many TV stations as we can,” in the words of Smith, and as of 2004 Sinclair owns more television stations than any other company in the United States, reaching nearly 25 percent of all households. The four sons of the company founder still control about 95 percent of Sinclair.

From 1999 to 2000, in an effort to recover financially, Sinclair sold all of its radio holdings, including 55 stations, to Entercom Communications for $920 million, thus making the company all-TV. Despite the sale, the company is still wrestling with significant debt. Sinclair is No. 8 by revenue among the top broadcast television companies, according to Broadcasting & Cable magazine’s annual ranking, despite having the most stations: revenues of about $756 million for 2002 are a fraction of the $2.3 billion that News Corp., with only 35 stations, pulled in.

As Sinclair has continually added stations, its role has become increasingly that of a content provider rather than a straight distributor.

In 2002, Sinclair created News Central to manage news operations for all of its stations from a central location. The company prides itself on being an alternative to mainstream news media, broadcasting its own content under the name “News Central.” The company’s vice president for corporate relations, Mark Hyman, provides daily commentaries during broadcasts.

http://www.publicintegrity.org/telecom/analysis/CompanyProfile.aspx?HOID=22261