Sinclair Oil Corporation

Sinclair Broadcast Group To Acquire 21 Regional Sports Networks From Disney At A Valuation Of $10.6 Billion

Retrieved on: 
Friday, May 3, 2019
Regions of the United States, Sinclair Broadcast Group, ARCO, Sinclair Oil Corporation

In calendar year 2018, the RSN portfolio delivered a combined $3.8 billion in revenue across 74 million subscribers.

Key Points: 
  • In calendar year 2018, the RSN portfolio delivered a combined $3.8 billion in revenue across 74 million subscribers.
  • The RSNs will be acquired via a newly formed indirect wholly-owned subsidiary of Sinclair, Diamond Sports Group LLC ("Diamond").
  • "This is a very exciting transaction for Sinclair to be able to acquire highly complementary assets," commented Chris Ripley, President and CEO of Sinclair.
  • The Company has multiple national networks, live local sports production, as well as stations affiliated with all the major networks.

LiveU Announces $20M Multi-Year Deal with Sinclair Broadcast Group

Retrieved on: 
Tuesday, January 15, 2019
Hackensack, New Jersey, LiveU, Sinclair Oil Corporation, Economy of the United States, Western United States

Sinclair has been a LiveU customer since 2011 and has grown with LiveU.

Key Points: 
  • Sinclair has been a LiveU customer since 2011 and has grown with LiveU.
  • "From the beginning, Sinclair recognized the value that LiveU technology provides to our news gathering and content operations.
  • This deal is a recognition of the value LiveU brings to our content operations," said Del Parks, SVP Chief Technology Officer for Sinclair.
  • Sinclair continues pushing the technology envelope with the use of LiveU's other IP-based solutions including LiveU Matrix, LU-Smart and LiveU vehicle solutions.

Sinclair Establishes A Direct North American Commercial Presence To Market And Distribute Silhouette InstaLift® In The United States

Retrieved on: 
Wednesday, May 9, 2018
ARCO, Sinclair Oil Corporation, Plastic surgery, Pharma, Western United States, Economy of the United States

IRVINE, Calif., May 9, 2018 /PRNewswire/ -- Sinclair Pharma PLC is proud to announce the establishment of a direct commercial presence in the United States, the world's largest aesthetic market.

Key Points: 
  • IRVINE, Calif., May 9, 2018 /PRNewswire/ -- Sinclair Pharma PLC is proud to announce the establishment of a direct commercial presence in the United States, the world's largest aesthetic market.
  • Silhouette Lift, Inc, a Sinclair Pharma Company, is simultaneously establishing a full commercial presence for Sinclair in the US and relaunching Silhouette InstaLift, a minimally-invasive procedure that increases volume while restoring contours of the midface.
  • Silhouette Lift, Inc. is now handling all of the commercial aspects of the Silhouette InstaLift portfolio of resorbable skin lifting sutures including sales and marketing, and order fulfillment.
  • "With Sinclair at the helm of North American distribution, the future is even brighter," states Chris Spooner, CEO, Sinclair Pharma.

Standard Media Group LLC acquires 9 television stations from Sinclair Broadcast Group, Inc.

Retrieved on: 
Tuesday, April 24, 2018
Sinclair Broadcast Group, Standard General, Sinclair Oil Corporation, Economy of the United States, Western United States

Sinclair is not the licensee of these stations and will only be selling the assets of such stations that Sinclair owns, together with its right to purchase the licenses of the stations.

Key Points: 
  • Sinclair is not the licensee of these stations and will only be selling the assets of such stations that Sinclair owns, together with its right to purchase the licenses of the stations.
  • After closing the Transaction, Standard Media will own stations in strong geographically diverse markets, including four state capitals.
  • These acquisitions advance Standard Media's goal of swiftly building a substantial broadcast television group with a strong and diverse voice.
  • Standard General is pleased that industry veteran Deb McDermott has agreed to lead the Company as CEO.

Sinclair Enters Into Agreements To Sell TV Stations Related To Closing Tribune Media Acquisition

Retrieved on: 
Tuesday, April 24, 2018
Sinclair Broadcast Group, Television in the United States, Local marketing agreement, Broadcasting, Television, Sinclair Oil Corporation

Following the sale of this station, Sinclair will provide services pursuant to joint sales and shared services agreements.

Key Points: 
  • Following the sale of this station, Sinclair will provide services pursuant to joint sales and shared services agreements.
  • Even if Sinclair owned such station, Sinclair would be in compliance with the national cap.
  • Sinclair is not the licensee of these stations and will only be selling the assets of such stations that Sinclair owns, together with its right to purchase the licenses of the stations.
  • Pro forma for the Tribune acquisition and related station divestitures, the Company will own, operate and/or provide services to 215 television stations in 102 markets.