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Sinclair claims buzz from Kerry program boosted its ratings(46% drop earn)

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RamboLiberal Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-04 02:25 AM
Original message
Sinclair claims buzz from Kerry program boosted its ratings(46% drop earn)
Edited on Sat Nov-06-04 02:37 AM by rmpalmer
http://www.baltimoresun.com/business/bal-bz.sinclair05nov05,1,5921588,print.story?coll=bal-pe-business

Two days after President Bush's re-election, executives at Sinclair Broadcast Group Inc. said they believe they have benefited from the media buzz stirred up by their decision last month to air a news special that included criticism of John Kerry's anti-war activism when he returned from fighting in Vietnam.

<snip>

"The thing that has really gone unnoticed by most is the promotional value we've received ... which is probably worth tens of millions of dollars," said David D. Smith, president and chief executive officer of the Hunt Valley company, one of the largest independent owners of television stations.

<snip>

But yesterday, Sinclair's shares fell 15 cents, or 2.1 percent, to close at $7 in an up market. Sinclair reported yesterday that third-quarter earnings fell as it faced a decline in advertising in the auto, retail, fast food and beer and wine industries.

Net income fell to $1 million this year for the quarter that ended Sept. 30 from $3.9 million in the third quarter last year. Diluted income was 1 cent per share this year compared with 5 cents in the quarter last year.

Let's not let up - let's kill this beast before 2008. We're the buyers, not their Repug friends in * Admin.
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Contrary1 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-04 02:31 AM
Response to Original message
1. How 'bout we make them eat their words?
Renew the boycott!!
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Carolab Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-04 02:32 AM
Response to Reply #1
2. Oh, yeah, BABY
it's ON!

BOYCOTT TIL THEY DROP
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NeoConsSuck Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-04 06:57 AM
Response to Reply #1
7. I didn't know the boycott ended..
Sinclair Advertisers:

Circuit City: Never shop here, besides, you'll get better prices at BestBuy or Amazon.com

Arbys: If you're into junk food, go to McDonalds or Burger King instead.

Hannaford: Stay away from this roach infested supermarket.


And never, never invest in Sinclair stock. That also goes for all media stock. They're all losers, and you work too hard for your money to watch it swirl around the toilet betting on companies like this.
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Justice Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-04 08:25 AM
Response to Reply #7
8. Hannaford pulled their advertising from Sinclair in Maine
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BUSHOUT Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-04 02:41 AM
Response to Original message
3. Sinclair is still a target.
After the hoopla over this election is over, I'll be targetting those SOB's some more. They need to pay...their electioneering was one of the worst examples of BS there was during the election.
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George_S Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-04 03:10 AM
Response to Original message
4. kick
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deacon Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-04 03:40 AM
Response to Original message
5. Starve The Beast n/t
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Spirochete Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-04 05:12 AM
Response to Original message
6. Time to put them out of business
once and for all. Fuck em!
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Cerridwen Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-04 08:40 AM
Response to Original message
9. I never stopped boycotting them.
They ran the program "under the radar" anyway, in the days leading up to the election.

It's a common strategy within political movements; keep the focus over there, while doing whatever ethically challenged crap you want to do, over here. Think sleight of hand, smoke and mirrors and other diversionary tactics.

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lakeguy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-04 08:55 AM
Response to Original message
10. i'm still boycotting but maybe i should email all their
advertisers weekly to let them know.
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