| Business Summary | | Sinclair
Broadcast
Group,
Inc.
(Sinclair)
is
a
diversified
television
broadcasting
company
that
owns
or
provides
programming
services
pursuant
to
local
marketing
agreements
(LMAs)
to
television
stations
in
the
United
States.
The
Company
owns
and
operates,
or
provides
programming
services
pursuant
to
LMAs,
to
62
television
stations
in
40
markets.
In
markets
where
duopolies
are
permitted,
the
Company
has
entered
into
agreements
to
acquire
the
License
Assets
of
stations
the
Company
has
been
programming
pursuant
to
LMAs.
Upon
completion
of
all
pending
acquisitions,
Sinclair
will
own
duopolies
in
11
markets,
and
operate
a
second
station
pursuant
to
an
LMA
in
eight
markets.
In
addition,
the
Company
owns
equity
interests
in
several
Internet-related
companies,
and
owns
an
equity
interest
and
has
a
strategic
alliance
with
a
manufacturer
of
transmitters
and
other
broadcast
equipment. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Sinclair
Broadcast
Group
is
a
diversified
broadcasting
company
that
owns
or
provides
programming
services
to
62
television
stations
in
40
markets.
For
the
six
months
ended
6/30/01,
revenues
decreased
7%
to
$358.2
million.
Net
loss
from
continuing
operations
applicable
to
Common
before
extraordinary
item
totaled
$54.8
million,
up
from
$9.1
million.
Results
reflect
continued
weakness
in
the
advertising
market
and
increased
amortization,
restructuring
costs
and
derivative
losses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| David Smith, 50 Chairman,
Pres, CEO | $1.0M | David Amy, 48 CFO,
Exec. VP | 307K | Robin Smith, 44 VP
of | -- | Delbert Parks, III, 49 VP,
Operations and Engineering | -- | Frederick Smith, 51 VP | 195K | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|