{"id":25438,"date":"2015-09-30T11:44:58","date_gmt":"2015-09-30T15:44:58","guid":{"rendered":"https:\/\/bejone03.expressions.syr.edu\/trf235\/?p=25438"},"modified":"2015-12-02T14:34:46","modified_gmt":"2015-12-02T19:34:46","slug":"sinclair-broadcast-group-6","status":"publish","type":"post","link":"https:\/\/bejone03.expressions.syr.edu\/trf235\/2015\/09\/30\/sinclair-broadcast-group-6\/","title":{"rendered":"Sinclair Broadcast Group #1- Stern"},"content":{"rendered":"<pre>Samuel Stern<\/pre>\n<div class=\"container\"><div style=\"width: 693px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" class=\"irc_mi\" src=\"http:\/\/www.valuewalk.com\/wp-content\/uploads\/2013\/09\/SBG-Sinclair-Broadcast-Group.jpg\" alt=\"\" width=\"683\" height=\"370\" \/><p class=\"wp-caption-text\">Sinclair Broadcast Group Inc. Logo (Photo courtesy of blog.solidsignal.com) <a href=\"http:\/\/www.valuewalk.com\/wp-content\/uploads\/2013\/09\/SBG-Sinclair-Broadcast-Group.jpg\">[1]<\/a><\/p><\/div><\/div>\n<div class=\"container\" style=\"text-align: center\"><a href=\"http:\/\/sbgi.net\/contact\/\">Sinclair Broadcast Group Inc.<\/a><\/div>\n<div class=\"container\" style=\"text-align: center\"><a href=\"http:\/\/sbgi.net\/contact\/\">10706 Beaver Dam Rd<\/a><\/div>\n<div class=\"container\" style=\"text-align: center\"><a href=\"http:\/\/sbgi.net\/contact\/\">Hunt Valley, MD 21030<\/a><\/div>\n<div class=\"container\" style=\"text-align: center\"><a href=\"http:\/\/sbgi.net\/contact\/\">sbgi.net<\/a><\/div>\n<div class=\"container\" style=\"text-align: center\"><\/div>\n<div class=\"container\" style=\"text-align: center\"><strong>Company Background<\/strong><\/div>\n<div class=\"container\" style=\"text-align: left\"><\/div>\n<div class=\"container\" style=\"text-align: left\">The Sinclair Broadcast Group Inc. (SBG), is the largest broadcaster of television content in the United States. Sinclair owns and operates the majority of 164 television stations in 79 US markets, and owns the rest through local marketing agreements. The company reaches the largest and smallest US markets and controls the largest number of ABC, CBS, CW, FOX and MYTV affiliates in the country. Sinclair also operates <a href=\"http:\/\/sbgi.net\/radio-stations\/\">3 radio stations<\/a> in the Seattle-Tacoma Market <a href=\"http:\/\/sbgi.net\/\">[3]<\/a>.<\/div>\n<div class=\"container\" style=\"text-align: left\"><\/div>\n<div class=\"container\" style=\"text-align: left\"><div style=\"width: 737px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" class=\"affil-img\" src=\"http:\/\/sbgi.net\/wp-content\/themes\/sbgi-sparkling\/images\/affiliates.png\" alt=\"\" width=\"727\" height=\"50\" \/><p class=\"wp-caption-text\">SBG Network Affiliates (photo courtesy of sbgi.net) <a href=\"http:\/\/sbgi.net\/wp-content\/themes\/sbgi-sparkling\/images\/affiliates.png\">[2] <\/a><\/p><\/div><\/div>\n<div class=\"container\" style=\"text-align: left\">\u00a0The Maryland-based broadcaster is the nation&#8217;s leading local news provider, has recently begun the distribution of premium college and high-school sports programming, and operates the American Sports Network and the <a href=\"http:\/\/www.rohwrestling.com\/\">Ring of Honor Wrestling league<\/a>.\u00a0 After making making several lucrative deals to acquire stations in new markets, including a re-negotiation with DISH Network, Sinclair now reaches 37.6% of U.S. television households. Recent success has given Sinclair the opportunity to pursue new business ventures and acquire new assets <a href=\"http:\/\/sbgi.net\/pr-news\/sinclair-broadcast-group-announces-agreement-to-swap-television-stations-with-gray-television\/\">[4].<\/a><\/div>\n<div class=\"container\" style=\"text-align: left\"><\/div>\n<div class=\"container\" style=\"text-align: left\"><div id=\"attachment_454\" style=\"width: 310px\" class=\"wp-caption alignright\"><img aria-describedby=\"caption-attachment-454\" loading=\"lazy\" class=\"wp-image-454 size-medium\" src=\"http:\/\/sbgi.net\/wp-content\/uploads\/2015\/01\/OM-logo1-600x130.jpg\" alt=\"One Media\" width=\"300\" height=\"130\" \/><p id=\"caption-attachment-454\" class=\"wp-caption-text\">ONEMedia logo, one of Sinclair&#8217;s most recent technology investments <a href=\"http:\/\/www.onemediallc.com\/images\/logo-main.jpg\">[19]<\/a><\/p><\/div><\/div>\n<div class=\"container\" style=\"text-align: left\">Sinclair also makes strategic equity investments through its Business Venture subsidiary. The company holds interests in multiple media and technology companies such as Acrodyne Services, ONEMedia, and Dielectric, as well as in real estate properties <a href=\"http:\/\/sbgi.net\/\">[5] (Scroll to investments)<\/a>.<\/div>\n<div class=\"container\" style=\"text-align: left\"><\/div>\n<div class=\"container\" style=\"text-align: left\"><\/div>\n<div class=\"container\" style=\"text-align: left\"><\/div>\n<div class=\"container\" style=\"text-align: center\">\u00a0<strong>Leadership<\/strong><\/div>\n<div class=\"container\" style=\"text-align: center\"><\/div>\n<div class=\"container\" style=\"text-align: center\"><div style=\"width: 164px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" id=\"yui_3_5_1_2_1448993802221_713\" src=\"http:\/\/mije.org\/sites\/default\/files\/resize\/imagecache\/one-third_column\/u678\/David_Smith_1-154x220.jpg\" alt=\"\" width=\"154\" height=\"220\" \/><p class=\"wp-caption-text\">David D Smith, President &amp; CEO (Photo courtesy of bizjournals.com) <a href=\"http:\/\/assets.bizjournals.com\/baltimore\/print-edition\/David-Smith*750.jpg?v=1\">[6]<\/a><\/p><\/div><\/div>\n<ul>\n<li>David D. Smith, President &amp; CEO<\/li>\n<li>Frederick G Smith, Vice President<\/li>\n<li>Dr. J Duncan Smith, Vice President<\/li>\n<li>David B. Amy, Executive VP &amp; COO<\/li>\n<li>Christopher S. Ripley, CFO<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>For further Bio&#8217;s of Sinclair Executives: <a href=\"http:\/\/sbgi.net\/corporate-governance\/\">http:\/\/sbgi.net\/corporate-governance\/<\/a><\/p>\n<p style=\"text-align: center\"><strong>History<\/strong><\/p>\n<div id=\"attachment_905\" style=\"width: 160px\" class=\"wp-caption alignleft\"><img aria-describedby=\"caption-attachment-905\" loading=\"lazy\" class=\"wp-image-905 size-full\" src=\"http:\/\/sbgi.net\/wp-content\/uploads\/2015\/01\/julian_sinclair_smith.jpg\" alt=\"Julian Sinclair Smith\" width=\"150\" height=\"190\" \/><p id=\"caption-attachment-905\" class=\"wp-caption-text\">Julian Sinclair Smith, Founder (photo courtesy of sbgi.net) <a href=\"http:\/\/sbgi.net\/history\/1970s\/\">[10]<\/a><\/p><\/div>\n<p style=\"text-align: left\">\u00a0 In 1971, Julian Sinclair Smith started the Chesapeake Television Corporation, which operated one station in Baltimore. That one station would eventually be the cornerstone of the nation&#8217;s largest broadcast company. Julian&#8217;s sons David, Fred, and Duncan would take over the company, and in the early 1980&#8217;s change the name to the Sinclair Broadcast Company, Inc. David D. Smith took over the company as president and CEO. Throughout the 1990&#8217;s, the brothers would go on a buying spree of content that allowed Sinclair to dominate the industry, increasing its number of television stations from 3 to 59. They purchased content in markets across the country, large and small. The passage of the <a href=\"http:\/\/www.cybertelecom.org\/notes\/telecomact.htm\">Telecommunications Act of 1996<\/a> allowed for some deregulation of buying control by the FCC, which allowed the company to make more important station acquisitions. This entrepreneurial attitude and progressive vision is still integrated throughout the company today <a href=\"http:\/\/sbgi.net\/our-history\/\">[9].<\/a><\/p>\n<p style=\"text-align: center\"><strong>Financials<\/strong><\/p>\n<p style=\"text-align: left\">The Sinclair Broadcast Group Inc. went public in 1995 and is currently traded on the NASDAQ Global Select Market at $35.36 per share. The company has just released its <a href=\"http:\/\/sbgi.net\/wp-content\/uploads\/2015\/11\/Q3-15-draft.pdf\">Third Quarter Financial Results<\/a>, revealing that the executives expectations were exceeded over the past year. Compared to the 3rd quarter of 2014, Sinclair realized a massive 10.8% revenue increase of $548.4 million versus $495.0 million the year before. The total yearly revenue increased 17.9% to $1.6 billion, versus $1.36 billion in the prior year period <a href=\"http:\/\/sbgi.net\/wp-content\/uploads\/2015\/11\/Q3-15-draft.pdf\">[7]<\/a>.<\/p>\n<p style=\"text-align: left\">According to a late September Financial presentation at the Deutsche Bank Leveraged Financial conference, Sinclair reported a large increase in the amount of money the company can use to pursue its current ventures and find opportunities to enhance shareholder value, purchase more assets, and branch out to other revenue streams <a href=\"http:\/\/sbgi.net\/wp-content\/uploads\/2015\/09\/DB-HY-2015.pdf\">[8]<\/a>.<\/p>\n<p>\u00a0This influx of revenue has allowed Sinclair to work on technological advances to the company, a new initiative it has been following over the last year.<\/p>\n<p style=\"text-align: center\"><strong>Key Initiatives\u00a0<\/strong><\/p>\n<p style=\"text-align: left\">Sinclair has been on a buying spree throughout the past quarter.<\/p>\n<p style=\"text-align: left\">The American Sports Network (ASN), Sinclair&#8217;s premiere sports division, broadcasts sports from <a href=\"http:\/\/americansportsnet.com\/conferences\/\">18 different NCAA athletic conferences<\/a> <a href=\"http:\/\/americansportsnet.com\/conferences\/\">[12]<\/a>. The games are aired over stations that Sinclair owns or are syndicated through non-Sinclair stations. The ASN, launched in 2014, just made two deals in\u00a0September with ESPN to carry Mid-American Conference football and basketball games, and to broadcast 10 American Athletic Conference Men&#8217;s basketball games per year on the large new sports platform <a href=\"http:\/\/www.broadcastingcable.com\/news\/local-tv\/sinclair-s-american-sports-network-televise-aac-men-s-basketball-games\/144381\">[11]<\/a>.<\/p>\n<div style=\"width: 183px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" id=\"ihover-img\" title=\"File:American Sports Network Logo.jpg - Wikipedia, the free ...\" src=\"https:\/\/sp.yimg.com\/xj\/th?id=OIP.Mf26c3227d715a63de7998852578bc82fo0&amp;pid=15.1&amp;P=0&amp;w=300&amp;h=300\" alt=\"File:American Sports Network Logo.jpg - Wikipedia, the free ...\" width=\"173\" height=\"205\" \/><p class=\"wp-caption-text\">American Sports Network logo (photo courtesy of wikipedia.com)<a href=\"https:\/\/sp.yimg.com\/xj\/th?id=OIP.Mf26c3227d715a63de7998852578bc82fo0&amp;pid=15.1&amp;P=0&amp;w=300&amp;h=300\"> [15]<\/a><\/p><\/div>\n<p style=\"text-align: left\"><span style=\"font-weight: 300\">Sinclair is being aggressive in order to bolster the progress of the ASN. They are currently negotiating a $500 million deal to buy the <a href=\"http:\/\/tennischannel.com\/\">Tennis Channel<\/a>, which operates 90% of Tennis content in the U.S. reaching 35 million homes <a href=\"http:\/\/www.cynopsis.com\/092215-nflpa-draws-ace-sinclair-hits-market-fanduel-new-gm\/\">[13]<\/a>.<\/span><\/p>\n<p style=\"text-align: left\">On October 31st, the first-ever 24\/7 Sci-fi multi-channel network was launched through a joint venture between Sinclair, MGM, and Michael Eisner&#8217;s <a href=\"http:\/\/tornante.com\/tornante-tv-2\">Tornante <\/a>investment company. The network is called <a href=\"http:\/\/comettv.com\">COMET<\/a>, and was the largest multicast channel release ever, reaching over 60% of the country <a href=\"http:\/\/sbgi.net\/pr-news\/sinclair-broadcast-group-and-metro-goldwyn-mayer-announce-comet-first-ever-science-fiction-multi-channel-network-to-premiere-on-october-31st\/\">[16]<\/a>. The deal notes an effort by Sinclair to own its content due to the fact that it has almost reached the FCC limit for television ownership.<\/p>\n<div style=\"width: 204px\" class=\"wp-caption alignright\"><img loading=\"lazy\" src=\"http:\/\/comettv.com\/images\/logo-dark.png\" alt=\"North Logo\" width=\"194\" height=\"82\" \/><p class=\"wp-caption-text\">COMET logo, Sinclair&#8217;s newly owned Sci-fi Network (photo courtesy of comettv.com) <a href=\"http:\/\/comettv.com\/\">[14]<\/a><\/p><\/div>\n<p style=\"text-align: left\">On November 4th, Sinclair closed a deal with Pappas Telecasting and Lincoln Broadcasting in Central Nebraska to purchase a <a href=\"http:\/\/www.foxnebraska.com\/\">Fox affiliate <\/a>and multiple <a href=\"http:\/\/www.nebraska.tv\/\">ABC affiliated news stations<\/a>. Sinclair purchased the stations for $31.25 million and the FCC has approved the deal <a href=\"http:\/\/www.tvtechnology.com\/news\/0002\/sinclair-signs-deal-to-buy-pappas-stations\/277362\">[17]<\/a>. This is a basic transaction for Sinclair in their pursuit of owning\u00a0 broadcast platforms in more markets.<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center\"><strong>Projections<\/strong><\/p>\n<p style=\"text-align: left\">Sinclair has taken advantage of its recent success to pursue initiatives that technologically advance the company and continue its dominance over the broadcast industry. One way to increase its footprint in an increasingly digitized world is the ability to broadcast and advertise on mobile platforms and enhance the broadcast experience. ONEMedia is working with all levels of the broadcast industry, from content producers to distributors, to design the &#8220;Next Level Broadcast Platform&#8221; that integrates mobile devices, creates an <a href=\"http:\/\/www.samsung.com\/us\/experience\/uhd-tv\/\">Ultra High Definition layout<\/a> to broadcast, and creates new business models that improve upon the current structure of the industry <a href=\"http:\/\/sbgi.net\/one-media\/\">[18]<\/a>.<\/p>\n<div style=\"width: 210px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" id=\"ihover-img\" title=\"Marketron's Logo\" src=\"https:\/\/sp.yimg.com\/xj\/th?id=OIP.Mb4f21e22f9530ac4b176bfde2df2554co0&amp;pid=15.1&amp;P=0&amp;w=300&amp;h=300\" alt=\"Marketron's Logo\" width=\"200\" height=\"200\" \/><p class=\"wp-caption-text\">Marketron Logo, Sinclair&#8217;s newest business partner. (Photo courtesy of contactworld.com). <a href=\"https:\/\/www.contactcenterworld.com\/images\/company\/marketron-largex3-logo.png\">[25]<\/a><\/p><\/div>\n<p style=\"text-align: left\">In late November, Sinclair and the<a href=\"http:\/\/www.prnewswire.com\/news-releases\/sinclair-broadcast-group-signs-exclusive-agreement-with-marketron-for-location-based-mobile-advertising-solution-300185549.html\"> leading media software provider Marketron<\/a> negotiated a multi-year contract for Sinclair&#8217;s stations to use Marketron&#8217;s location-based mobile advertising. By studying demographics and utilizing mobile networks, Marketron allows advertisers to maximize accuracy and reach. This is a tactical move for Sinclair as it adds revenue streams by attracting potential advertisers to Sinclair&#8217;s growing reach<a href=\"http:\/\/www.broadcastingcable.com\/news\/currency\/sinclair-signs-exclusive-deal-marketron\/14608%209\"> [20]<\/a>.<\/p>\n<p style=\"text-align: left\">Sinclair was recently part of a <a href=\"http:\/\/www.sampletemplate.net\/category\/memorandum-of-understanding\">Memorandum of Understanding (MOU)<\/a> with Pearl TV, a partnership of 9 leading broadcast companies, and Samsung Electronics America, the nation&#8217;s leader in television sales for the last 9 years <a href=\"http:\/\/www.sampletemplate.net\/category\/memorandum-of-understanding\">[26]<\/a>. The MOU will sustain technological advances in the industry and look to develop new ways to broadcast premium content to consumers. The three companies will implement the Advanced Television Systems Committee (ATSC) to overlook and advance the technical standards for broadcasting <a href=\"http:\/\/sbgi.net\/wp-content\/uploads\/2015\/06\/Samsung-Pearl-Sinclair-FINAL-release.pdf\">[21]<\/a>.<\/p>\n<div style=\"width: 402px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" class=\"rg_i\" src=\"https:\/\/encrypted-tbn0.gstatic.com\/images?q=tbn:ANd9GcQ7iCG3R2Lmme9C7qphnSp-fl_zyDsDo07VvDkPR9p74acScT5txg\" alt=\"Image result for samsung logo\" width=\"392\" height=\"111\" \/><p class=\"wp-caption-text\">SAMSUNG Electronics Logo (photo courtesy of commons.org). <a href=\"https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/4\/4e\/Samsung_Electronics_logo_(english).svg\/2000px-Samsung_Electronics_logo_(english).svg.png\">[22]<\/a><\/p><\/div>\n<p style=\"text-align: left\">To more accurately monitor the affect of these technological advancements on consumers, Sinclair signed a new deal with <a href=\"http:\/\/www.rentrak.com\/section\/about_rentrak\/who_we_are.html\">Rentrak<\/a>, a demographic rating service, on November 11th. Rentrak has already been working with Sinclair on a smaller deal, but will now cover all of Sinclair&#8217;s stations. Rentrak will provide Sinclair with accurate qualitative data from large sample sizes that will benefit all of Sinclair&#8217;s advertisers <a href=\"http:\/\/www.broadcastingcable.com\/news\/currency\/sinclair-signs-new-deal-data-rentrak\/145708\">[23]<\/a>.<\/p>\n<p>Sinclair is looking to consolidate the growing responsibilities of the company in order to streamline the organization of new assets. On September 10th, <a href=\"http:\/\/sbgi.net\/pr-news\/sinclair-names-jerry-lilly-to-the-newly-created-position-of-vice-president-of-operations\/\">Jerry Lilly<\/a>, a former CNN executive, was named to the new position of Vice President of Operations. He will work closely with the VP of Data Systems and the VP of Engineering to incorporate new workflows into the company and ensure that Sinclair&#8217;s TV facilities around the country are equipped with the most up-to-date technology <a href=\"http:\/\/sbgi.net\/pr-news\/sinclair-names-jerry-lilly-to-the-newly-created-position-of-vice-president-of-operations\/\">[24]<\/a>.<\/p>\n<p>The buying spree that Sinclair has been on recently has brought it close to the FCC station ownership cap of 39% of TV homes <a href=\"http:\/\/www.tvnewscheck.com\/article\/69437\/fcc-mulls-hard-39-cap-on-tv-ownership\">[27]<\/a>. The company will look to start owning more of its content to create revenue streams, while still upholding its current re-transmisison and affiliate contracts that have put Sinclair at the top of the broadcast industry.<\/p>\n<p style=\"text-align: center\"><strong>Sources<\/strong><\/p>\n<p style=\"text-align: center\">(photos contain URL)<\/p>\n<p style=\"text-align: left\"><a href=\"http:\/\/www.valuewalk.com\/wp-content\/uploads\/2013\/09\/SBG-Sinclair-Broadcast-Group.jpg\">[1] SBG Logo. http:\/\/www.valuewalk.com\/wp-content\/uploads\/2013\/09\/SBG-Sinclair-Broadcast-Group.jpg\u00a0<\/a><\/p>\n<p><a href=\"http:\/\/sbgi.net\/wp-content\/themes\/sbgi-sparkling\/images\/affiliates.png\">[2] SBG Network Affiliate Logos. http:\/\/sbgi.net\/wp-content\/themes\/sbgi-sparkling\/images\/affiliates.png<\/a><\/p>\n<p><a href=\"http:\/\/sbgi.net\/\">[3] SBG Summary Page. <\/a><\/p>\n<p><a href=\"http:\/\/sbgi.net\/pr-news\/sinclair-broadcast-group-announces-agreement-to-swap-television-stations-with-gray-television\/\">[4] SBG Company News Release.\u00a0<\/a><em><a href=\"http:\/\/sbgi.net\/pr-news\/sinclair-broadcast-group-announces-agreement-to-swap-television-stations-with-gray-television\/\">Sinclair Broadcast Group Announces Agreement to Swap Television Stations With Gray Television, <\/a><br \/>\n<\/em><\/p>\n<h1>\u00a0<a href=\"http:\/\/sbgi.net\/\">[5] SBG Investment Information,\u00a0http:\/\/sbgi.net\/<\/a>\u00a0(Scroll to investment information).<\/h1>\n<p><a href=\"http:\/\/assets.bizjournals.com\/baltimore\/print-edition\/David-Smith*750.jpg?v=1\">[6] David D. Smith Photo.\u00a0http:\/\/assets.bizjournals.com\/baltimore\/print-edition\/David-Smith*750.jpg?v=1.\u00a0<\/a><\/p>\n<p><a href=\"http:\/\/sbgi.net\/wp-content\/uploads\/2015\/11\/Q3-15-draft.pdf\">[7] SBG Third Quarter Earnings Call (2015), <\/a><\/p>\n<p><a href=\"http:\/\/sbgi.net\/wp-content\/uploads\/2015\/09\/DB-HY-2015.pdf\">[8] SBG Financial Report (2015). Deutsche Bank Leveraged Financial Conference Presentation. <\/a><\/p>\n<p><a href=\"http:\/\/sbgi.net\/our-history\/\">[9] SBG History (2015).\u00a0 <\/a><\/p>\n<p><a href=\"http:\/\/sbgi.net\/history\/1970s\/\">[10] Julian Sinclair Smith Photo (2015).\u00a0http:\/\/sbgi.net\/history\/1970s\/.\u00a0<\/a><\/p>\n<p><a href=\"http:\/\/www.broadcastingcable.com\/news\/local-tv\/sinclair-s-american-sports-network-televise-aac-men-s-basketball-games\/144381\">[11] Kuperberg, J. (2015).\u00a0<em>Sinclair&#8217;s American Sports Network to Televise AAC Men&#8217;s Basketball Games, Broadcasting &amp; Cable. <\/em><\/a><\/p>\n<p><a href=\"http:\/\/americansportsnet.com\/conferences\/\">[12] American Sports Network Conferences (2015).\u00a0http:\/\/americansportsnet.com\/conferences<\/a><\/p>\n<p><a href=\"http:\/\/www.cynopsis.com\/092215-nflpa-draws-ace-sinclair-hits-market-fanduel-new-gm\/\">[13] Cynopsis Media (2015).\u00a0<em>Sinclair Hits the Market, Cynopsis, <\/em><\/a><\/p>\n<p><a href=\"http:\/\/comettv.com\/\">[14] COMET Network Logo (2015).\u00a0http:\/\/comettv.com\/<\/a><\/p>\n<p><a href=\"https:\/\/sp.yimg.com\/xj\/th?id=OIP.Mf26c3227d715a63de7998852578bc82fo0&amp;pid=15.1&amp;P=0&amp;w=300&amp;h=300\">[15] American Sports Network Logo (2015).\u00a0https:\/\/sp.yimg.com\/xj\/th?id=OIP.Mf26c3227d715a63de7998852578bc82fo0&amp;pid=15.1&amp;P=0&amp;w=300&amp;h=300.\u00a0<\/a><\/p>\n<p><a href=\"http:\/\/sbgi.net\/pr-news\/sinclair-broadcast-group-and-metro-goldwyn-mayer-announce-comet-first-ever-science-fiction-multi-channel-network-to-premiere-on-october-31st\/\">[16] SBG News Release (2015).\u00a0<em>SBG and MGM Announce COMET, First-Ever Science Ficiton Multi-Channel Network, to Premiere October 31st. <\/em><\/a><\/p>\n<p><a href=\"http:\/\/www.tvtechnology.com\/news\/0002\/sinclair-signs-deal-to-buy-pappas-stations\/277362\">[17] McAdams, D. D. (2015).\u00a0<em>Sinclair to Buy Pappas Stations for $31.25 million, TV Technology, <\/em><\/a><\/p>\n<p><a href=\"http:\/\/sbgi.net\/one-media\/\">[18] SBG ONEMedia Information (2015).\u00a0http:\/\/sbgi.net\/one-media\/, <\/a><\/p>\n<p><a href=\"http:\/\/www.onemediallc.com\/images\/logo-main.jpg\">[19] ONEMedia Company Logo (2015).\u00a0http:\/\/www.onemediallc.com\/images\/logo-main.jpg.\u00a0<\/a><\/p>\n<p><a href=\"http:\/\/www.broadcastingcable.com\/news\/currency\/sinclair-signs-exclusive-deal-marketron\/14608%209\">[20] Lafayette, J. (2015). <em>Sinclair Signs Exclusive Deal with Marketron, Broadcasting &amp; Cable, <\/em><\/a><\/p>\n<p><a href=\"http:\/\/sbgi.net\/wp-content\/uploads\/2015\/06\/Samsung-Pearl-Sinclair-FINAL-release.pdf\">[21] SBG News Release (2015). Samsung, <\/a><em><a href=\"http:\/\/sbgi.net\/wp-content\/uploads\/2015\/06\/Samsung-Pearl-Sinclair-FINAL-release.pdf\">Pearl TV and Sinclair Broadcast Group Announce MOU to Speed Development and Implementation of Next-Gen Broadcast UHDTV Standards.<\/a><br \/>\n<\/em><\/p>\n<p><a href=\"https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/4\/4e\/Samsung_Electronics_logo_(english).svg\/2000px-Samsung_Electronics_logo_(english).svg.png\">[22] SAMSUNG Electronics Logo (2015), http:\/\/bit.ly\/1TkZ7f4, <\/a><\/p>\n<p><a href=\"http:\/\/www.broadcastingcable.com\/news\/currency\/sinclair-signs-new-deal-data-rentrak\/145708\">[23] Lafayette, J. (2015). <em>Sinclair Signs New Deal for Data From Rentrak. Broadcasting &amp; Cable.\u00a0<\/em><\/a><\/p>\n<p><a href=\"http:\/\/sbgi.net\/pr-news\/sinclair-names-jerry-lilly-to-the-newly-created-position-of-vice-president-of-operations\/\">[24] SBG Company News Release (2015). <em>Sinclair Names Jerry Lilly To The Newly Created Position Of Vice President Of Operations.\u00a0<\/em><\/a><\/p>\n<p><a href=\"https:\/\/www.contactcenterworld.com\/images\/company\/marketron-largex3-logo.png\">[25] Marketron Company Logo (2015). https:\/\/www.contactcenterworld.com\/images\/company\/marketron-largex3-logo.png<\/a><\/p>\n<p><a href=\"http:\/\/www.sampletemplate.net\/category\/memorandum-of-understanding\">[26] Tendra, J. (2015). <em>Memorandum of Understanding Form. <\/em>Sample Template. <\/a><\/p>\n<p><a href=\"http:\/\/www.tvnewscheck.com\/article\/69437\/fcc-mulls-hard-39-cap-on-tv-ownership\">[27] Halonen, D. (2013). <em>FCC Mulls Hard 39% Cap on TV Ownership<\/em>. TVNews Check. <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Samuel Stern Sinclair Broadcast Group Inc. 10706 Beaver Dam Rd Hunt Valley, MD 21030 sbgi.net Company Background The Sinclair Broadcast Group Inc. (SBG), is the largest broadcaster of television content in the United States. Sinclair owns and operates the majority &hellip; <a href=\"https:\/\/bejone03.expressions.syr.edu\/trf235\/2015\/09\/30\/sinclair-broadcast-group-6\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":510,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4580],"tags":[274,4786,4779,817,188,134,133,4599,4783,2771,1019,4787,822,140,4780,220,4785,268,2668,4784,4782,4781,4026,332,1077,98,4788,699,691],"_links":{"self":[{"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/posts\/25438"}],"collection":[{"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/users\/510"}],"replies":[{"embeddable":true,"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/comments?post=25438"}],"version-history":[{"count":38,"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/posts\/25438\/revisions"}],"predecessor-version":[{"id":26806,"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/posts\/25438\/revisions\/26806"}],"wp:attachment":[{"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/media?parent=25438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/categories?post=25438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/tags?post=25438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}