Company research
Sinclair Broadcast Group, LLC
CIK 912752Updated Sep 27, 2026
Name history
SINCLAIR BROADCAST GROUP INC · through May 24, 2023
Filing activity
Latest filing
50 filings on record · 10-Q, 10-K, 8-K, UPLOAD, CORRESP, SC 13G/A.
Recent filings
10-Q filing
10-K filing
Results of Operations and Financial Condition
Items 2.02, 9.01
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
Show 5 more recent filings
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02, 9.01
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02, 9.01
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02, 9.01
Financials
FY 2022 · USDSource
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balance sheet · annual statements
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 6,704,000,000Source | 12,541,000,000Source | 13,382,000,000Source | 17,370,000,000Source |
| Property, Plant and Equipment, NetUSD | — | — | 823,000,000Source | 765,000,000Source |
| GoodwillUSD | 2,088,000,000Source | 2,088,000,000Source | 2,092,000,000Source | 4,716,000,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 884,000,000Source | 816,000,000Source | 1,259,000,000Source | 1,333,000,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 612,000,000Source | 1,245,000,000Source | 1,060,000,000Source | 1,132,000,000Source |
| Assets, CurrentUSD | 1,683,000,000Source | 2,471,000,000Source | 3,217,000,000Source | 2,913,000,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 182,000,000Source | 173,000,000Source | 170,000,000Source | 287,000,000Source |
| Operating Lease, Right-of-Use AssetUSD | 145,000,000Source | 207,000,000Source | 197,000,000Source | 223,000,000Source |
| Other Assets, NoncurrentUSD | 964,000,000Source | 1,408,000,000Source | 1,058,000,000Source | 613,000,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 5,829,000,000Source | 14,050,000,000Source | 14,377,000,000Source | 14,598,000,000Source |
| Stockholders’ equity: | ||||
| Retained Earnings (Accumulated Deficit)USD | 122,000,000Source | -2,460,000,000Source | -1,986,000,000Source | 492,000,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 1,000,000Source | -2,000,000Source | -10,000,000Source | -2,000,000Source |
| Stockholders' Equity Attributable to ParentUSD | 748,000,000Source | -1,770,000,000Source | -1,274,000,000Source | 1,502,000,000Source |
| Additional Paid in Capital, Common StockUSD | 624,000,000Source | 691,000,000Source | 721,000,000Source | 1,011,000,000Source |
| Liabilities and EquityUSD | 6,704,000,000Source | 12,541,000,000Source | 13,382,000,000Source | 17,370,000,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 608,000,000Source | 1,202,000,000Source | 1,034,000,000Source | 1,134,000,000Source |
| Operating Lease, Liability, CurrentUSD | 23,000,000Source | 35,000,000Source | 34,000,000Source | 38,000,000Source |
| Operating Lease, Liability, NoncurrentUSD | 154,000,000Source | 205,000,000Source | 198,000,000Source | 217,000,000Source |
| Deferred Income Tax Liabilities, NetUSD | 610,000,000Source | — | 0Source | 407,000,000Source |
| Other Liabilities, NoncurrentUSD | 220,000,000Source | 351,000,000Source | 622,000,000Source | 434,000,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | -67,000,000Source | 64,000,000Source | 89,000,000Source | 192,000,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 397,000,000Source | 655,000,000Source | 533,000,000Source | 782,000,000Source |
| Deferred Tax Liabilities, NetUSD | 610,000,000Source | — | 197,000,000Source | 407,000,000Source |
| Long-term DebtUSD | 4,233,000,000Source | 12,303,000,000Source | 12,513,000,000Source | 12,400,000,000Source |
| Long-term Debt, Current MaturitiesUSD | 35,000,000Source | 66,000,000Source | 56,000,000Source | 69,000,000Source |
| Redeemable Noncontrolling Interest, Equity, Carrying AmountUSD | 194,000,000Source | 197,000,000Source | 190,000,000Source | 1,078,000,000Source |
cash flow · annual statements
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 2,701,000,000Source | -326,000,000Source | -2,429,000,000Source | 105,000,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 321,000,000Source | 591,000,000Source | 674,000,000Source | 424,000,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 50,000,000Source | 60,000,000Source | 52,000,000Source | 33,000,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -20,000,000Source | 187,000,000Source | -70,000,000Source | -70,000,000Source |
| Deferred Income Tax Expense (Benefit)USD | 904,000,000Source | -97,000,000Source | -603,000,000Source | -5,000,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 799,000,000Source | 327,000,000Source | 1,548,000,000Source | 916,000,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 0Source | 4,000,000Source | 16,000,000Source | 8,999,000,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -381,000,000Source | -246,000,000Source | -159,000,000Source | -9,530,000,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | -2,000,000Source | -27,000,000Source | -27,000,000Source | 0Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 105,000,000Source | 80,000,000Source | 157,000,000Source | 156,000,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 120,000,000Source | 61,000,000Source | 343,000,000Source | 145,000,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -353,000,000Source | -524,000,000Source | -1,460,000,000Source | 8,887,000,000Source |
| Payments of Ordinary Dividends, Common StockUSD | 70,000,000Source | 60,000,000Source | 63,000,000Source | 73,000,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | -9,000,000Source | -52,000,000Source | -117,000,000Source | -39,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 65,000,000Source | -443,000,000Source | -71,000,000Source | 273,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 884,000,000Source | 819,000,000Source | 1,262,000,000Source | 1,333,000,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 387,000,000Source | 583,000,000Source | 634,000,000Source | 283,000,000Source |
| Additional Financial Items | ||||
| Amortization of Debt Issuance Costs and DiscountsUSD | 12,000,000Source | 30,000,000Source | 31,000,000Source | 17,000,000Source |
| Amortization of Intangible AssetsUSD | 221,000,000Source | 477,000,000Source | 572,000,000Source | 327,000,000Source |
| Deconsolidation, Gain (Loss), AmountUSD | 3,357,000,000Source | — | — | — |
| DepreciationUSD | 100,000,000Source | 114,000,000Source | 102,000,000Source | 97,000,000Source |
| Equity Securities, FV-NI, Unrealized Gain (Loss)USD | — | — | 24,000,000Source | — |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual AmountUSD | 0Source | 0Source | — | 7,000,000Source |
| Gain (Loss) on Sale of Assets and Asset Impairment ChargesUSD | 64,000,000Source | 71,000,000Source | 115,000,000Source | 92,000,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | 3,000,000Source | -7,000,000Source | -10,000,000Source | -10,000,000Source |
| General and Administrative ExpenseUSD | 160,000,000Source | 170,000,000Source | 148,000,000Source | 387,000,000Source |
| GoodwillUSD | 2,088,000,000Source | 2,088,000,000Source | 2,092,000,000Source | 4,716,000,000Source |
| Goodwill and Intangible Asset ImpairmentUSD | 0Source | 0Source | 4,264,000,000Source | — |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 2,615,000,000Source | 0Source |
| Impairment of Intangible Assets, Finite-livedUSD | 0Source | 0Source | — | 0Source |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)USD | 0Source | 0Source | 0Source | — |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | -2,429,000,000Source | 105,000,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | 56,000,000Source | 45,000,000Source | -36,000,000Source | -35,000,000Source |
| Income Tax Expense (Benefit)USD | 913,000,000Source | -173,000,000Source | -720,000,000Source | -96,000,000Source |
| Net Income (Loss) Attributable to ParentUSD | 2,652,000,000Source | -414,000,000Source | — | — |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | 70,000,000Source | -71,000,000Source | 10,000,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 2,652,000,000Source | -414,000,000Source | -2,414,000,000Source | 47,000,000Source |
| Nonoperating Income (Expense)USD | -366,000,000Source | -594,000,000Source | -377,000,000Source | -461,000,000Source |
| Operating ExpensesUSD | -52,000,000Source | 6,039,000,000Source | 8,715,000,000Source | 3,770,000,000Source |
| Other Nonoperating Income (Expense)USD | -129,000,000Source | -14,000,000Source | 325,000,000Source | 6,000,000Source |
| Payments to Acquire InvestmentsUSD | 75,000,000Source | 256,000,000Source | 139,000,000Source | 452,000,000Source |
| Proceeds from Issuance of Long-term DebtUSD | 728,000,000Source | 357,000,000Source | 1,819,000,000Source | 9,956,000,000Source |
income statement · annual statements
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Total RevenueUSD | 3,928,000,000Source | 6,134,000,000Source | 5,943,000,000Source | 4,240,000,000Source |
| Selling, General and Administrative ExpenseUSD | 812,000,000Source | 908,000,000Source | 832,000,000Source | 732,000,000Source |
| Operating Income (Loss)USD | 3,980,000,000Source | 95,000,000Source | -2,772,000,000Source | 470,000,000Source |
| Other Nonoperating Income (Expense)USD | -129,000,000Source | -14,000,000Source | 325,000,000Source | 6,000,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 3,614,000,000Source | -499,000,000Source | -3,149,000,000Source | 9,000,000Source |
| Income Tax Expense (Benefit)USD | 913,000,000Source | -173,000,000Source | -720,000,000Source | -96,000,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | 70,000,000Source | -71,000,000Source | 10,000,000Source |
| Net Income (Loss) Attributable to ParentUSD | 2,652,000,000Source | -414,000,000Source | — | — |
| Earnings Per Share, BasicUSD per share | 37.54Source | -5.51Source | -30.2Source | 0.52Source |
| Earnings Per Share, DilutedUSD per share | 37.54Source | -5.51Source | -30.2Source | 0.51Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 70,653,000Source | 75,050,000Source | 79,924,000Source | 92,015,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 70,656,000Source | 75,050,000Source | 79,924,000Source | 93,185,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 221,000,000Source | 477,000,000Source | 572,000,000Source | 327,000,000Source |
| Business Combination, Acquisition Related CostsUSD | — | — | 5,000,000Source | 96,000,000Source |
| Current Income Tax Expense (Benefit)USD | 9,000,000Source | -76,000,000Source | -117,000,000Source | -91,000,000Source |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual AmountUSD | 0Source | 0Source | — | 7,000,000Source |
| General and Administrative ExpenseUSD | 160,000,000Source | 170,000,000Source | 148,000,000Source | 387,000,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 2,615,000,000Source | 0Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | -2,429,000,000Source | 105,000,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | 56,000,000Source | 45,000,000Source | -36,000,000Source | -35,000,000Source |
| Interest ExpenseUSD | 296,000,000Source | 618,000,000Source | 656,000,000Source | 422,000,000Source |
| Net Income (Loss) Attributable to Nonredeemable Noncontrolling InterestUSD | 29,000,000Source | 70,000,000Source | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 2,652,000,000Source | -414,000,000Source | -2,414,000,000Source | 47,000,000Source |
| Nonoperating Income (Expense)USD | -366,000,000Source | -594,000,000Source | -377,000,000Source | -461,000,000Source |
| Operating ExpensesUSD | -52,000,000Source | 6,039,000,000Source | 8,715,000,000Source | 3,770,000,000Source |
Filing attachments
d933368dex41.htm · 8-K · 2025-02-13
EX-4.1 2 d933368dex41.htm EX-4.1 EX-4.1 Exhibit 4.1 Execution Version INDENTURE Dated as of February 12, 2025 Among SINCLAIR TELEVISION GROUP, INC., as Issuer, THE GUARANTORS FROM TIME TO TIME PARTY HERETO and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, as Trustee and Collateral Trustee 8.125% FIRST-OUT FIRST LIEN SECURED NOTES DUE 2033 TABLE OF CONTENTS Page ARTIC…
Read attachment ↗d933368dex42.htm · 8-K · 2025-02-13
EX-4.2 3 d933368dex42.htm EX-4.2 EX-4.2 Exhibit No. 4.2 Execution Version SUPPLEMENTAL INDENTURE NO.4 SUPPLEMENTAL INDENTURE NO. 4 (this “Supplemental Indenture”), dated as of February 10, 2025, by and among SINCLAIR TELEVISION GROUP, INC., a Maryland corporation (the “Issuer”), the Guarantors party hereto and U.S. Bank Trust Company, National Association (as successor in interest to U.S. Bank National Association), as trustee (the “Trustee”) and collateral agent (the “Notes Collateral A…
Read attachment ↗d933368dex43.htm · 8-K · 2025-02-13
EX-4.3 4 d933368dex43.htm EX-4.3 EX-4.3 Exhibit 4.3 Execution Version INDENTURE Dated as of February 12, 2025 Among SINCLAIR TELEVISION GROUP, INC., as Issuer, THE GUARANTORS FROM TIME TO TIME PARTY HERETO and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, as Trustee and Collateral Trustee 4.375% SECOND-OUT FIRST LIEN SECURED NOTES DUE 2032 TABLE OF CONTENTS Page ARTI…
Read attachment ↗d933368dex44.htm · 8-K · 2025-02-13
EX-4.4 5 d933368dex44.htm EX-4.4 EX-4.4 Exhibit 4.4 Execution Version INDENTURE Dated as of February 12, 2025 Among SINCLAIR TELEVISION GROUP, INC., as Issuer, THE GUARANTORS FROM TIME TO TIME PARTY HERETO and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, as Trustee and Notes Collateral Agent 9.750% SECOND LIEN SECURED NOTES DUE 2033 TABLE OF CONTENTS Page ARTICLE 1 …
Read attachment ↗d791660dex991.htm · 8-K · 2025-01-14
EX-99.1 3 d791660dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 SINCLAIR LOCAL MEDIA PRO FORMA CAPITALIZATION JANUARY 2025 SINCLAIR DISCLAIMER Forward-Looking Statements: Certain statements and information in this communication may be deemed to be “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act, and the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements may include, but ar…
Read attachment ↗d791660dex992.htm · 8-K · 2025-01-14
EX-99.2 4 d791660dex992.htm EX-99.2 EX-99.2 Exhibit 99.2 News Release Sinclair Enters Into Agreement with Creditors on Liquidity Enhancing Transaction BALTIMORE (January 14, 2025) - Sinclair, Inc. (Nasdaq: SBGI), the “Company” or “Sinclair,” today announced that Sinclair Television Group, Inc. (“STG”) and certain affiliated entities have entered into a Transaction Support Agreement (including the attached term sheet and other attachments thereto, the “TSA”) with certain of STG’s secured …
Read attachment ↗