Sinclair scores stellar Q1


SBG / Sinclair Broadcast GroupNet broadcast revenues from continuing operations were up 47.8% in the quarter to $373.9 million, versus $252.9 million in Q1 2013. Operating income was $81.0 million, an increase of 27.2% vs. $63.7 million in the prior year period. Net income attributable to the company was $27.2 million, versus net income of $17.0 million in the prior year period. Diluted earnings per common share was $0.27 compared to $0.21 in the prior year period. Big drivers included

Click here to Login & view the full article & read our famous RBR+TVBR observation (Not a member? Join Today!)

Previous articleMark Elliott joins Cumulus in Toledo
Next articleImagine signs distribution deal with Tech Data
Carl has been with RBR-TVBR since 1997 and is currently Managing Director/Senior Editor. Residing in Northern Virginia, he covers the business of broadcasting, advertising, programming, new media and engineering. He’s also done a great deal of interviews for the company and handles our ever-growing stable of bylined columnists.