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Chesapeake Television

Sinclair Broadcast Group, Inc.
Formerly called
Chesapeake Television Corporation (1971–1985)
Public
Traded as NASDAQSBGI
Industry
Founded April 11, 1971; 46 years ago (1971-04-11)
Baltimore, Maryland, U.S.
Founder Julian Sinclair Smith
Headquarters Hunt Valley, Maryland, U.S.
Key people
Products Broadcasting equipment
Production output
Sports and news programming
Services
Revenue $1.97 billion USD (2014)
$212,279,000 USD (2014)
Total assets $5.45 billion USD (2014)
Total equity $405,343,000
Owner Smith family (controlling)
Divisions
Subsidiaries
Website sbgi.net
Chesapeake Television
Division
Industry Television broadcasting
Services Broadcast television
Advertising
Parent Sinclair Broadcast Group, Inc.
Website www.sbgi.net
Sinclair Television Group, Inc.
Public subsidiary
Industry Television broadcasting
Key people
Steve Pruett (Co-COO)
Services Broadcast television
Advertising
Parent Sinclair Broadcast Group
Divisions Comet
Sinclair Programming
Subsidiaries Tornante-Sinclair LLC
Website www.sbgi.net

Sinclair Broadcast Group is an American telecommunications company that is owned by the family of company founder Julian Sinclair Smith. Headquartered in Hunt Valley, Maryland, the company is the second-largest television station operator in the United States (behind Nexstar Media Group) by number of stations, and largest by total coverage; owning and/or operating a total of 173 stations across the country (233 after all currently proposed sales are approved) in over 100 markets (covering 40% of American households), many of which are located in the South and Midwest. Sinclair also owns three digital multicast networks (Comet, Charge! and TBD) and one cable network (Tennis Channel), and owns or operates four radio stations (all based in the Pacific Northwest region). Among other non-broadcast properties, Sinclair also owns the Ring of Honor (ROH) professional wrestling promotion.

Though Sinclair became a public company in 1995 and is currently traded on the NASDAQ under the symbol SBGI, the Smith family still retains a majority financial interest, and all four sons of Julian Smith serve as executives or directors – with David D. Smith currently heading the company as Executive Chairman.

Sinclair has faced scrutiny from media critics, as well as some of its station employees, for the conservative slant of their stations' local news reporting and other programming decisions. In July 2017, liberal HBO host John Oliver criticized Sinclair for its conservative slant.


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