Sinclair Inc

SBGI

Market cap $1.05B

BALTIMORE--(BUSINESS WIRE)--Sinclair today announced that the company's annual student scholarship program is now accepting applications for the 2026 academic year. The Sinclair Scholarship aims to invest in the future of the broadcast industry and help students complete their education and pursue careers in journalism, digital storytelling, and marketing. Applicants must be a current college sophomore or junior at an accredited four-year undergraduate college or university in the United States.

BALTIMORE--(BUSINESS WIRE)--Sinclair's free, over-the-air multicast networks CHARGE, Comet and ROAR delivered exceptional ratings performance throughout November, driven by a combination of hit programming, franchise expansions, broadened national distribution, upgraded channel positions, and increased household reach across key DMAs. Across the month, each network delivered standout viewership gains. Supported by continuous national footprint expansion, including upgraded broadcast positions,.

BALTIMORE--(BUSINESS WIRE)--Sinclair, Inc. (Nasdaq: SBGI) (the “Company” or “Sinclair”) today made the following statement in response to The E.W. Scripps Company's (Nasdaq: SSP) (“Scripps”) rejection of the Company's proposal for a potential combination with Scripps: “We are disappointed that despite Scripps encouraging Sinclair to make a proposal, Scripps' board rejected the proposal without engaging. Our proposal was based on previous discussions and was responsive to concerns about Scripps'.

U.S. broadcaster E.W. Scripps' board on Tuesday unanimously rejected Sinclair's $622 million acquisition proposal, saying it was not in the best interests of the company and its shareholders.

Local TV station owner E.W. Scripps said Tuesday that its board of directors has rejected an unsolicited takeover bid by larger rival Sinclair Inc. Scripps, whose assets also include the Ion broadcast network, said the board's decision was unanimous. It followed Sinclair's disclosure last month that it had taken an 8.

Scripps said its board voted unanimously against the proposal, deciding it wasn't in the best interest of the company and its shareholders.

There's a frenzy of merger and acquisition activity in the media industry as cord-cutting has upended the economics. Broadcast station owners like Nexstar and Sinclair want in on the action.

Sinclair, Inc. (SBGI) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, SBGI's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross.

U.S. broadcaster Sinclair has offered to buy E.W. Scripps in a cash-and-stock deal that values its smaller rival at $538 million, as cord-cutting and competition from streaming services lead to consolidation in the media industry.

Nexstar and Sinclair's stocks fell after President Trump went against his FCC head, saying that removing a cap on TV-station ownership would hurt Republicans.