The latest advance in television broadcasting, with features such as mobile reception, ultra-high-definition video and movie-theater-quality sound, should reach markets covering about half of U.S. households by the end of the year, said CEO Christopher Ripley during the broadcaster’s annual meeting this week. “With Next Gen TV-enabled television sets beginning to come to market, we now anticipate that consumer interest in this technology will drive its nationwide adoption,” he said.
On Jan. 1, David Smith moves from chairman, president and chief executive officer to executive chairman, with a focus on ATSC 3.0 development and expanding Sinclair’s news franchise. He will be succeeded as president-CEO by Christopher Ripley, the current CFO., while Lucy Rutishauser moves up to CFO.
Sinclair Broadcast Group today announced executive promotions and changes that will become effective Jan. 1, 2017: • David Smith from chairman, president and chief executive officer to executive chairman. Smith will have direct oversight of the development, implementation and globalization of the next generation broadcast platform (ATSC 3.0) and expansion of the company’s news franchise. […]
The broadcaster promotes David Amy to chief operating officer and names Christopher Ripley chief financial officer.