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Sinclair...Again


A3N

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Earnings are in, and they look good for Sinclair:

  • Net broadcast revenues from continuing operations jumped 47.8% to $373.9 million.
  • Operating income was $81 million, a 27% increase from a year ago.
  • Both local and national net broadcast revenues were up. Contributors included an earlier than expected rise in political revenues, more revenue from a Super Bowl airing on SBG's 31 Fox stations, as well as some revenue from the Olympics. Lower operations expenses also helped boost profit.
  • "Our main focus now is on closing the Allbritton station acquisition and lobbying to reform broadcast ownership regulatory inequality." — David Smith
  • Per-share earnings came in at 27 cents per share, where they were at 21 cents for 1Q 2013 and analysts forecast 22 cents per share.
  • Sinclair stock initially rose but then fell and is down $0.69 as of this post (more than 2%).

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LOL @ "broadcast ownership regulatory inequality"...what do they want, monopolies in markets?

 

...and now they're planning on starting their very own PAC to take care of this, and any other "inequalities" they see fit....

http://www.mediabistro.com/tvspy/sinclair-broadcasting-forming-pac_b120566

 

I cringe to see how far the Heathens of Hunt Valley are going to take this. It's "advocacy journalism" on a whole new level....

 

...and now they're planning on starting their very own PAC to take care of this, and any other "inequalities" they see fit....

http://www.mediabistro.com/tvspy/sinclair-broadcasting-forming-pac_b120566

 

I cringe to see how far the Heathens of Hunt Valley are going to take this. It's "advocacy journalism" on a whole new level....

 

Three words: conflict of interest.

 

...and now they're planning on starting their very own PAC to take care of this, and any other "inequalities" they see fit....

http://www.mediabistro.com/tvspy/sinclair-broadcasting-forming-pac_b120566

 

I cringe to see how far the Heathens of Hunt Valley are going to take this. It's "advocacy journalism" on a whole new level....

 

They're really going to shoot themselves in the foot one day and I will rejoice when that happens.

 

  • "Our main focus now is on closing the Allbritton station acquisition and lobbying to reform broadcast ownership regulatory inequality." — David Smith

 

Clearly, they find the very existence of broadcast ownership regulations to be unfair. :rolleyes:

It's hardly unprecedented. If I'm not mistaken, Clear Channel has had a PAC of their own for quite some time (IIRC, it was established before the sale of their TV stations to Newport).

 

Actually, I'm surprised it took this long for S!nclair to establish a PAC.

As of today, Howard Stirk Holdings has dropped its attempts to pursue an acquisition of WLYH. It is still seeking to acquire WMMP and WABM.

 

I want to say something important. I believe there is a place for minority ownership of television stations, and I believe the FCC can do it. My concern with HSH is that it is being used primarily as a vehicle for Sinclair, not as a vehicle to advance minority ownership of stations. African-American ownership makes sense; of the four markets where HSH either already owns or is trying to own a stations, two are majority African-American, one has a sizable minority, and one only has 12%. (In order: Birmingham, Flint, Charleston, Myrtle Beach.) It makes demographic sense. But that is not the motive for the existence of Howard Stirk Holdings.

 

As if Sinclair pulling WNWO from BuckeyeCableSystem and blowing up their management was not enough.....

 

It looks like we have a new logo...that can be seen on northwestohio.com

It's on "The Voice" ad on the right of the page

 

how much longer before the blue button gets retired?

 

IMHO, i'm having horrible flashbacks of Newport's "overhaul" of WPTY....the "24" is virtually identical, minus the circle and the kerning is closer on WNWO's version.

 

The new logo of WNWO, NBC24, is revealed on their Facebook.....

FZgEjGQ.png

I could see that "24" working with the "Proud N", but anything that's come out of them in the last 7 years or so logo-wise (with the exception of WCHS and some of ther FOX stations) has been so dated and gawdy.

 

Notable examples including the recent "Great 38" logo for WTTA in Tampa, along with the re-designed WKEF and WXLV logos.

The logos look like those on UHF stations back in the 70s and 80s....and since Sinclair came from these roots of owning and running these types of stations.....you get the idea.

 

It just has a "lowest common denominator" feel to it.....even with these canned donut-hole promos that are used across the country....

(WBFF's Trials & Trouble)

(WUXP's Justice Will Be Done)

(WNYO's All Rise)

(WUXP's Judgement Day)

 

Sense a theme here?.....with all of the court shows that are aired on these stations.....

 

And for comedy blocks of syndicated fare....

(WUTB's House of Laughs)
The logos look like those on UHF stations back in the 70s and 80s....and since Sinclair came from these roots of owning and running these types of stations.....you get the idea.

 

It just has a "lowest common denominator" feel to it.....even with these canned donut-hole promos that are used across the country....

(WBFF's Trials & Trouble)

(WUXP's Justice Will Be Done)

(WNYO's All Rise)

(WUXP's Judgement Day)

 

Sense a theme here?.....with all of the court shows that are aired on these stations.....

 

And for comedy blocks of syndicated fare....

(WUTB's House of Laughs)

All this money they spend on garbage like this and yet they can't spend any money on a in-house news operation for WPGH? That is Sinclair for you.

 

The logos look like those on UHF stations back in the 70s and 80s....and since Sinclair came from these roots of owning and running these types of stations.....you get the idea.

 

It just has a "lowest common denominator" feel to it.....even with these canned donut-hole promos that are used across the country....

(WBFF's Trials & Trouble)

(WUXP's Justice Will Be Done)

(WNYO's All Rise)

(WUXP's Judgement Day)

 

Sense a theme here?.....with all of the court shows that are aired on these stations.....

 

And for comedy blocks of syndicated fare....

(WUTB's House of Laughs)

 

They are not alone. Our FOX O&O's in Phoenix have similar promos with music and cheesy graphics. Don't forget their "C.More" character FOX uses on all their "my" stations.

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