Sinclair Broadcasting
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Formerly called
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Chesapeake Television Corporation (1971–1985) |
|---|---|
| Public | |
| Traded as | NASDAQ: SBGI |
| Industry |
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| Predecessor | |
| Founded | April 11, 1971 Baltimore, Maryland, U.S. |
| Founder | Julian Sinclair Smith |
| Headquarters | Hunt Valley, Maryland, U.S. |
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Key people
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| Products | Broadcasting equipment |
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Production output
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Sports and news programming |
| Services | |
| Revenue | $1.97 B USD (2014) |
| $212,279,000 USD (2014) | |
| Total assets | $5.45 B USD (2014) |
| Total equity | $405,343,000 |
| Owner | Smith family (controlling) |
| Divisions | Sinclair Networks Sinclair Original Programming |
| Subsidiaries | |
| Website | sbgi |
| Public subsidiary | |
| Industry | Television broadcasting |
| Services | Broadcast television Advertising |
| Parent | Sinclair Broadcast Group |
| Website | www |
| 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 |
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 of which are located in the Pacific Northwest). 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.
The company, founded by Julian Sinclair Smith, originated in 1971 as the Chesapeake Television Corporation. Its founding television station property was WBFF (channel 45) in Baltimore, Maryland, which signed on the air on April 11 of that year. A subsidiary of Chesapeake Television Corporation, the Commercial Radio Institute, later founded WPTT (channel 22, now WPNT) in Pittsburgh, in 1978; and WTTE (channel 28) in Columbus, Ohio, in 1984. All three stations originally were independents, though WBFF and WTTE became charter affiliates of the Fox Broadcasting Company at its launch in 1986.
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Wikipedia