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News Breaks
January 31, 2014
07:55 EDTSBGIRegulatory fears surrounding Sinclair unwarranted, says Wells Fargo
After speaking with Sinclair Broadcast's management and sources at regulators, Wells Fargo believes that recent concerns regarding changes in regulations involving JSAs and side-cars are unwarranted. The firm reports that JSAs are contracts between broadcasters which authorize a brokering station to sell some or all of the brokered station's ad time, shouldering all market risk in exchange for a fee. It does not expect the FCC to target Sinclair's JSAss, and keeps an Outperform rating on the shares.
News For SBGI From The Last 14 Days
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July 17, 2014
08:32 EDTSBGISinclair Broadcast launches American Sports Network
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July 15, 2014
11:42 EDTSBGIDoJ requires Sinclair to make divestiture to proceed with Perpetual deal
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09:04 EDTSBGISinclair Broadcast reaches retransmission consent with Buckeye Cable
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July 10, 2014
11:55 EDTSBGISigns show Sinclair Broadcast near closing Albritton deal, says Wells Fargo
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