Formerly called
|
Chesapeake Television Corporation (1971–1985) |
---|---|
Public | |
Traded as | NASDAQ: SBGI |
Industry |
|
Founded | April 11, 1971 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 | $2.73 billion USD (2016) |
$245.3 million USD (2016) | |
Total assets | $5.96 billion USD (2016) |
Total equity | $557.9 million USD(2016) |
Owner | Smith family (controlling) |
Number of employees
|
8,400 (2016) |
Divisions | |
Subsidiaries | |
Website | sbgi |
Division | |
Industry | Television broadcasting |
Services | Broadcast television Advertising |
Parent | Sinclair Broadcast Group, Inc. |
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 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, and how the company's rapid growth has aided its dissemination of content that appeal to these views.