Sinclair Broadcast Group is allegedly considering selling about 30% of its TV stations, according to industry insiders. This move could significantly alter the broadcast landscape. The precise percentage to be sold, and which markets could be affected, are still under discussion, the sources added. The potential sale comes under the ongoing scrutiny of the company’s operations, business practices, and regulatory issues. If this move goes ahead, it has the potential to reshape the company’s portfolio, freeing up assets and resources. Please note that this news isn’t official yet, and everything remains speculative until Sinclair Broadcast Group confirms it.
Sinclair explores selling roughly 30% of its broadcast stations, sources say
Sinclair Broadcast Group is allegedly considering selling about 30% of its TV stations, according to industry insiders. This move could significantly alter the broadcast landscape. The precise percentage to be sold, and which markets could be affected, are still under discussion, the sources added. The potential sale comes under the ongoing scrutiny of the company’s operations, business practices, and regulatory issues. If this move goes ahead, it has the potential to reshape the company’s portfolio, freeing up assets and resources. Please note that this news isn’t official yet, and everything remains speculative until Sinclair Broadcast Group confirms it.
