Sinclair Broadcast Group Inc. saw its revenue almost double in the third quarter as a result of the acquisition of 21 regional sports networks, but also took a loss due to related expenses. The Hunt Valley-based TV broadcast giant reported a net loss of $60 million, or 64 cents per share, during the third quarter, compared to a profit of $64 million, or 62 cents per share, in the prior-year quarter. Sinclair’s operating loss was $6 million in the third quarter, compared to $158 million of operating…
from https://www.bizjournals.com/baltimore/news/2019/11/06/sinclair-broadcast-takes-60m-loss-in-3-after-fox.html?ana=RSS&s=article_search
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