What does SBG mean in COMPANIES & FIRMS
Sinclair Broadcast Group, or SBG, is an American broadcasting company headquartered in Hunt Valley, Maryland. It is the largest television station operator in the United States and owns and operates 193 stations located across the country. The company also provides online streaming services through its subsidiary STIRR, along with digital content from various news sources. It is publicly traded on the NASDAQ stock exchange under the symbol SBGI.
SBG meaning in Companies & Firms in Business
SBG mostly used in an acronym Companies & Firms in Category Business that means Sinclair Broadcast Group
Shorthand: SBG,
Full Form: Sinclair Broadcast Group
For more information of "Sinclair Broadcast Group", see the section below.
What Does SBG stand for?
SBG stands for Sinclair Broadcast Group. It is a leading broadcaster that owns and operates a large network of television stations across the United States. The company’s focus is on providing local news and entertainment programming to viewers in its markets through its TV stations as well as digital content through its online platform STIRR.
Business Activities
The company's main source of revenue comes from the sale of advertising spots on their local TV stations and digital media properties. SBG also generates revenue by producing shows for networks such as Discovery Channel, Fox Sports Net, ABC Family and others. Through their online platform STIRR, they provide streaming video and audio content from partner networks like NBC News Now as well as original programming such as documentaries and reality series. In addition, SBG provides broadcast engineering services to other companies throughout the world.
Essential Questions and Answers on Sinclair Broadcast Group in "BUSINESS»FIRMS"
What is Sinclair Broadcast Group?
Sinclair Broadcast Group, Inc. is a publicly traded American telecommunications company that is one of the largest television broadcasting companies in the United States. It owns or operates local television stations in 77 markets, and 20 regional sports networks, as well as the Tennis Channel and RingTV.
When was Sinclair Broadcast Group founded?
Sinclair Broadcast Group was founded in 1986 by Julian Sinclair Smith.
What services does Sinclair Broadcast Group offer?
Sinclair Broadcast Group offers several media services including television broadcasting, programming syndication, production of entertainment content and distribution of both entertainment and news content over digital platforms such as over-the-air broadcast channels, cable, streaming services, social media and mobile devices.
How many markets does Sinclair Broadcast Group serve?
Currently, Sinclair Broadcast Group serves 77 markets across the U.S., with most of its presence concentrated in mid-sized cities.
Does Sinclair Broadcast Group produce its own content?
Yes, in addition to its broadcasting arm, Sinclair Broadcast Group also produces several original series and syndicated programs for broadcast on its affiliated stations as well as other outlets.
Is Sinclair Broadcasting publicly traded?
Yes, since 1995, shares of Sinclair Broadcasting have been available for public trading on the NASDAQ stock exchange under the ticker symbol SBGI.
Are there other subsidiaries under the umbrella of the parent company?
Yes, there are several wholly owned subsidiaries that fall under the parent company umbrella such as 21st Century Fox's FX Networks; Fulcrum Media Finance (FMF); Diamond Holding Company (DHC); ONE Media 3.0 LLC; and various joint ventures like American Sports Network (ASN).
Does Sinclair Broadcasting provide employment opportunities?
Absolutely! As one of America’s leading media companies serving local communities nationwide with free quality programming on broadcast TV and digital platforms for viewers over-the-air (OTA), online & via mobile devices - it employs more than 8300 people nationally across all station operations.
Final Words:
Sinclair Broadcast Group (SBG) is a major player in the US broadcasting industry that owns and operates a network of television stations across America, produces shows for numerous networks and distributes streaming content to viewers via its own digital platform STIRR. With these activities combined it has been able to carve out a successful business model which continues to generate significant revenue for investors who have faith in this dynamic media giant.
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