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News Breaks
March 17, 2014
06:03 EDTNXST, LIN, SBGI, GTNBroadcast TV sector downgraded to Market Weight at Wells Fargo
Wells Fargo downgraded the Broadcast TV sector to Market Weight from Overweight and cut Gray Television (GTN), LIN Media (LIN), Nexstar (NXST) and Sinclair Broadcast (SBGI) to Market Perform from Outperform. Wells expects future and pending mergers and acquisitions to be on hold due to a more negative regulatory environment, which it expects to limit share upside.
News For GTN;LIN;NXST;SBGI From The Last 14 Days
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May 20, 2015
12:36 EDTGTNGray Television agrees to acquire KOSA-TV for $33.6M
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May 19, 2015
09:04 EDTSBGISinclair Broadcast division to televise MiLB's games
The American Sports Network, a division of Sinclair Networks Group, announced that ASN has reached an agreement with Minor League Baseball, or MiLB, to televise a weekly game this summer. The new series, called "Minor League Baseball Sunday Showcase" will debut with a Pacific Coast League matchup between the Iowa Cubs and the El Paso Chihuahuas on Sunday, May 31, at Southwest University Park in El Paso, Texas.
May 18, 2015
08:11 EDTGTN, NXSTGray Television Nexstar outlook attractive, says Wells Fargo
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May 13, 2015
07:16 EDTNXSTMoffett Nathanson to hold a summit
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May 12, 2015
15:35 EDTSBGISinclair Broadcast announces distribution deal with Chideo
Chideo announced a first-of-its-kind partnership with Sinclair Broadcast Group to expand Chideo's reach by 42 million households. Through this unique distribution deal, Sinclair will connect its broadcast and digital audience with Chideo's inspirational and entertaining content all to benefit the world's leading charities. Sinclair's 161 local television stations will provide much-needed public awareness for these causes, as well as direct financial support from the sale of advertising and sponsorships around Chideo's rich collection of exclusive content from more than 100 celebrity ambassadors.

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