New report says 25-66 owner Sinclair Broadcasting will lose about $130-million this year just in its regional sports channels (Fox Sports Detroit and others).
https://www.multichannel.com/news/cance ... VID+Relief
Who will pay? Rumors are even further belt tightening expected on Pierson Road...
Acceptable registrations in the queue through March 30 at 9:00a ET have now been activated. Enjoy! -M.W.
Terms of Use have been amended effective October 6, 2019. Make sure you are aware of the new rules! Please visit this thread for details: https://www.mibuzzboard.com/phpBB3/view ... 16&t=48619
Terms of Use have been amended effective October 6, 2019. Make sure you are aware of the new rules! Please visit this thread for details: https://www.mibuzzboard.com/phpBB3/view ... 16&t=48619
More bad financial decisions by Sinclair
Re: More bad financial decisions by Sinclair
Let me get this straight: you are AGAIN bitching about your employer; this time because they didn't anticipate covid???sinklair wrote: ↑Tue Jul 21, 2020 6:53 pmNew report says 25-66 owner Sinclair Broadcasting will lose about $130-million this year just in its regional sports channels (Fox Sports Detroit and others).
https://www.multichannel.com/news/cance ... VID+Relief
Who will pay? Rumors are even further belt tightening expected on Pierson Road...
Voting for Trump is dumber than playing Russian Roulette with fully loaded chambers.
-
rugratsonline
- Posts: 488
- Joined: Sat Dec 04, 2004 1:20 pm
Re: More bad financial decisions by Sinclair
I imagine all sectors tied to sports have hemorrhaged money the last few months, due to cancellations and postponements of sports seasons and events. And no doubt this will continue into the fall as colleges and universities put a brake on their fall sports programs.
Even the worldwide leader in sports, ESPN, has been sweating bullets.
Us cable subscribers, of course -- we pay for the sports channels, even if they carry nothing but infomercials or a test pattern. Their main concern are advertisers and sports contracts that could not be fulfilled.