Sinclair Inc

For the period ended Mar 31, 2024. Filed May 10, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2024 · Filed May 10, 2024

SBGI$14.23+4.0%Stored close · as of Nov 9, 2026

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Contents

CONSOLIDATED STATEMENTS OF OPERATIONS

	Three Months Ended March 31,
	2024	2023
REVENUES:
Media revenues	$727	$766
Non-media revenues	—	7
Total revenues	727	773
OPERATING EXPENSES:
Media programming and production expenses	383	398
Media selling, general and administrative expenses	183	191
Amortization of program contract costs	19	22
Non-media expenses	2	12
Depreciation of property and equipment	25	24
Corporate general and administrative expenses	41	58
Amortization of definite-lived intangible assets	33	41
Loss on asset dispositions and other, net of impairment	—	6
Total operating expenses	686	752
Operating income	41	21
OTHER INCOME (EXPENSE):
Interest expense including amortization of debt discount and deferred financing costs	(76)	(74)
Gain on extinguishment of debt	1	—
Income from equity method investments	—	31
Other income, net	31	11
Total other expense, net	(44)	(32)
Loss before income taxes	(3)	(11)
INCOME TAX BENEFIT	9	204
NET INCOME	6	193
Net loss attributable to the redeemable noncontrolling interests	—	4
Net income attributable to the noncontrolling interests	(1)	(12)
NET INCOME ATTRIBUTABLE TO SBG	$5	$185

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.