The Baltimore super group grows dramatically in size and industry influence. With the great expansion, Sinclair has moved to the top ranks of TV broadcasting and earned its recognition as TVNewsCheck’s Station Group of the Year for 2014. This story originally appeared in TVNewsCheck’s Executive Outlook magazine in January. (Photo by Jonathan Hanson)
He’s also been called brash, arrogant, Machiavellian, a maverick. He avoided joining the industry’s preeminent trade group, the National Association of Broadcasters, for decades but finally signed up a couple years back. He’s come under fire from media watchers for pushing consolidation and sometimes requiring Sinclair stations to run programming reflecting his conservative views. But one thing he’s never been accused of is being stupid.
Reaching nearly 39% of U.S. TV homes and operating two — or even three — stations in many of its 77 markets, Sinclair is a force in the syndication programming marketplace. Its size gives the station group considerable clout in negotiating license fees for off-network and premium first-run shows. The executive who wields that clout […]
In its rise to the top, Sinclair Broadcast Group has encountered a few speed bumps. The biggest: A debt-fueled buying spree heading into the recession brought the company so close to a financial precipice that it was forced to look over the edge at bankruptcy. Here’s what happened: Sinclair’s off-balance sheet sidecar company, Cunningham Broadcasting, […]