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0 -0.00369633210122271 -0.00369633210122271 -0.000852999715666794 -0.00710833096388968 -0.00142166619277785 0.00369633210122271 -0.00312766562411144
Stock impact report

CNBC Sport: Broadcast TV counting on Trump to accelerate regional sports rights land grab [CNBC]

Sinclair Broadcast Group, Inc. - Class A (SBGI) 
Last sinclair broadcast group, inc. - class a earnings: 2/26 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: sbgi.net/investor-relations
Company Research Source: CNBC
brings you the biggest news and exclusive interviews from the worlds of sports business and media. Sign up to receive future editions, straight to your inbox. Wall Street hasn't been kind to broadcast TV groups recently. The five-year returns aren't pretty. Sinclair Broadcast , owner of more than 150 local stations across the U.S.? Down 48%. Gray Media , owner of local TV stations and digital assets serving 113 TV markets? Down 78%. E.W. Scripps , owner of more than 60 stations? Down 85%. The bearish sentiment on the industry has been pretty straightforward: as more people cancel traditional pay TV, fewer households watch broadcast TV, opting instead for streaming services like Netflix and Disney+. This has caused executives to clamor for consolidation – much like the bigger media companies of Warner Bros. Discovery Paramount Global and Comcast 's NBCUniversal, which also want to recombine declining cable assets. Current government regulations restrict broadcast TV station Show less Read more
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