_sinclair-explores-sale-of-over-30-of-broadcast-stations-amid-tensions-and-financial-losses.jpg "Sinclair Explores Sale of Over 30% of Broadcast Stations, Amid Tensions and Financial Losses from umaga gift mart minneapolis Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:45
👁 View: 2.5M times
✓ Published: 11-May-2024
👁 View: 2.5M times
✓ Published: 11-May-2024
Description:
Sinclair wants to sell more than 30% of its 185 owned or operated broadcast stations across the US through investment bank Moe-liss & Co. The stations considered for sale generate an estimated $1.5 billion in combined revenue for 2023-2024 and are located in major markets like Minneapolis, Portland, Pittsburgh, Austin, and Fresno. Sinclair is open to selling all or some of the 60+ stations that have been identified as potential sales. The potential sales come amid tensions within Sinclair's owning Smith family and losses of over 70% in market value over 5 years.
Sinclair wants to sell more than 30% of its 185 owned or operated broadcast stations across the US through investment bank Moe-liss & Co. The stations considered for sale generate an estimated $1.5 billion in combined revenue for 2023-2024 and are located in major markets like Minneapolis, Portland, Pittsburgh, Austin, and Fresno. Sinclair is open to selling all or some of the 60+ stations that have been identified as potential sales. The potential sales come amid tensions within Sinclair's owning Smith family and losses of over 70% in market value over 5 years.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_it-took-me-years-to-find-minneapolis-vintage-shopping-124-the-best-vintage-shops-in-minnesota.webp "Laura Caldwell")
⏲ 22 minutes 37 seconds 👁 71.5K
_paul39s-award-ceremony-pt1.webp "Molly Davis")
_fast-talk-with-boy-abunda-taylor-sheesh-and-nicki-morena-ep-332.webp "Ngayong Martes, makakapanayam ni Boy Abunda ang trending impersonators na sina Nicki Morena at Taylor Sheesh. Ang kanilang kuwentuhan at kumustahan abangan mamaya sa 'Fast Talk with Boy Abunda.' <br/><br/>Get to know the latest update on your favorite showbiz personality together with 'The King of Talk' Boy Abunda in 'Fast Talk with Boy Abunda,’ weekdays at 4:45 p.m. on GMA Afternoon Prime. #FastTalkwithBoyAbunda")
_paul39s-award-ceremony-pt2.webp "Molly Davis")
_it-took-me-years-to-find-minneapolis-vintage-shopping-124-the-best-vintage-shops-in-minnesota.jpg)
_paul39s-award-ceremony-pt1.jpg)
_fast-talk-with-boy-abunda-taylor-sheesh-and-nicki-morena-ep-332.jpg)
_paul39s-award-ceremony-pt2.jpg)
![[+]](/images/menu.gif){kind=small}