Sinclair Inc

For the period ended Jun 30, 2024. Filed Aug 9, 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.

Jun 30, 2024 · Filed Aug 9, 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 June 30,		Six Months Ended June 30,
	2024	2023	2024	2023
REVENUES:
Media revenues	$750	$740	$1,477	$1,506
Non-media revenues	—	3	—	10
Total revenues	750	743	1,477	1,516
OPERATING EXPENSES:
Media programming and production expenses	382	397	765	795
Media selling, general and administrative expenses	178	184	361	375
Amortization of program costs	18	19	37	41
Non-media expenses	2	7	4	19
Depreciation of property and equipment	26	31	51	55
Corporate general and administrative expenses	35	58	76	116
Amortization of definite-lived intangible assets	32	39	65	80
Loss on asset dispositions and other, net of impairment	—	4	—	10
Total operating expenses	673	739	1,359	1,491
Operating income	77	4	118	25
OTHER INCOME (EXPENSE):
Interest expense including amortization of debt discount and deferred financing costs	(76)	(76)	(152)	(150)
Gain on extinguishment of debt	—	11	1	11
Income from equity method investments	—	—	—	31
Other income (expense), net	2	(64)	33	(53)
Total other expense, net	(74)	(129)	(118)	(161)
Income (loss) before income taxes	3	(125)	—	(136)
INCOME TAX BENEFIT	1	26	10	230
NET INCOME (LOSS)	4	(99)	10	94
Net loss attributable to the redeemable noncontrolling interests	—	—	—	4
Net income attributable to the noncontrolling interests	(2)	(2)	(3)	(14)
NET INCOME (LOSS) ATTRIBUTABLE TO SBG	$2	$(101)	$7	$84

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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.