"Sinclair delivered a solid finish to 2023 with our local media segment meeting guidance and Tennis Channel exceeding expectations."
“Take a look at what drives our business on the local media side and the broadcast side, it’s sports."
The local media rights fee for the team is $54.8 million this year, which was agreed to over a decade ago
"I’m going to put the entity into bankruptcy and then I’m going to selectively reject contracts."
"The price point for the service is $20 per month with a $190 bundle available for users that want to pay for a full year upfront."
Sinclair has expressed their interest in direct-to-consumer sports content.
"The service is rolling out in time for 2022 Opening Day as they continue negotiating with the 26 other franchises."
Recent discussions of a DTC app have caused confusion between Sinclair and its distributors.
"Chris Ripley told Reuters that he expects the 21 regional sports networks the company just purchased from Disney to generate as much as $2 billion in...