Sinclair Inc Ordinary Shares - Class A
SBGI: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $46.00 | Rnngw | Wwlkw |
Sinclair Looks To Rebound From a Challenging 2022; Retransmission Growth Could Be a Stumbling Block
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Business Strategy and Outlook
Sinclair Broadcast Group is the second-largest television station operator in the United States, with 185 stations in 85 markets. Sinclair also owns 90% of Diamond Sports, formerly the Fox regional sports network group, which operates 21 RSNs. Diamond is a separate entity and has been deconsolidated from Sinclair's financial statements. As a result, Diamond no longer directly affects Sinclair’s reported financial performance and it likely holds little value for Sinclair shareholders.