Sinclair Q2: Strong EPS … And Higher Expenses


It’s a new day for Sinclair Broadcast Group, which one year ago was grappling with the fact that it would not be merging with Tribune Media.

The FOX regional sports networks it is grabbing from The Walt Disney Co. are poised to bring a new avenue of viewers — and ad revenue — to the company. A rights fee dispute between Disney and DISH is expected to conclude soon.

As such, Sinclair is on solid footing for a bright future, with good Q2 results to bolster the media company.

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