
Sinclair Acquires Assets of WDKA in Paduca, KY and KBSI in Cape Girardeau, MO
Under the terms of the agreement, Sinclair will provide WDKA and KBSI with services including programming, technical, and management.
About Sinclair:
Sinclair, Inc. (Nasdaq: SBGI) is a diversified media company and a leading provider of local news and sports. The Company owns, operates and/or provides services to 180 television stations in 82 markets affiliated with all major broadcast networks; owns Tennis Channel, the premium destination for tennis enthusiasts; multicast networks CHARGE, Comet, ROAR and The Nest; and the nation's largest streaming aggregator of local news content, NewsON. Sinclair's AMP Media produces a growing portfolio of digital content and original podcasts. Additional information about Sinclair can be found at www.sbgi.net.
Category: General

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
Why Comcast Stock Sank Today
Key Points Comcast stock fell in response to Charter Communications' second-quarter report. Charter's report arrived with a bigger-than-expected loss and large decline for its internet-subscriber count. Investors are concerned that Comcast's internet business could face some of the same headwinds impacting Charter. 10 stocks we like better than Comcast › Comcast (NASDAQ: CMCSA) stock sold off in Friday's trading despite gains for the broader market. The company's share price closed out the session down 4.8% and had been off as much as 6.1% early in the session. The S&P 500 (SNPINDEX: ^GSPC) ended the day up 0.4%, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) was up 0.2%. Charter Communications published its second-quarter report before the market opened this morning, and the report prompted a dramatic sell-off for the stock that had ripple effects for Comcast and other telecom players. Charter stock ended the day's trading down 18.5%. Charter's Q2 report sank Comcast stock today Charter reported earnings per share of $9.18 on sales of $13.77 billion. While the company's sales were in line with the market's target, earnings came in $0.48 per share lower than expected. Adding another big bearish pressure, the company lost 111,000 non-small-business internet customers -- which was far worse than the average analyst estimate's target for 73,250 customers lost in the period. With Comcast operating in the same service category, investors are worried that an industrywide trend could weigh on its results. What's next for Comcast? Following today's sell-off in response to Charter's numbers, Comcast's internet subscriber performance will be under the microscope when the company publishes its own second-quarter results before the market opens on July 31. Charter's report does suggest that some of the same headwinds could show up in Comcast's subscriber trends, but the latter company is more diversified and has been making some smart moves that could help offset some weakness in internet subscribers. With the stock down 10% year to date and trading at a price-to-earnings (P/E) ratio of 7.8, the company deserves a look from value-oriented investors. Should you buy stock in Comcast right now? Before you buy stock in Comcast, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Comcast wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $636,774!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,064,942!* Now, it's worth noting Stock Advisor's total average return is 1,040% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool recommends Comcast. The Motley Fool has a disclosure policy. Why Comcast Stock Sank Today was originally published by The Motley Fool


UPI
an hour ago
- UPI
Tesla shareS end week in decline amid third straight quarterly loss
Guests attend the opening of the retro-futuristic Tesla Diner & Drive-In in Los Angeles on Monday to view a prototype for a new form of deluxe Tesla charging stations. Photo by Jim Ruymen/UPI | License Photo July 24 (UPI) -- Tesla's shares price declined 1.74% for the week on Friday, two days after posting declining profits for a third straight quarter amid increased competition and a pending loss of federal tax credits. On Friday, the stock price closed at $316.06, up $10.76, or 3.52%, from the day before, when the stock slumped 8.2%. Its market capitalization slumped to $984.73 billion. Tesla earnings report was released after the market closed on Wednesday. Tesla is down 16.7% year to date but up 43.5% from one year ago, according to NASDAQ. Tesla's price was as low as $284.70 on June 5 when Elon Musk's feud with President Donald Trump intensified and $221.85 on April 8 when stock indexes and bond market were tumbling before Trump announced a pause on harsh tariffs on trading partners. The company's stock price reached a record of 479.86 on Dec. 17 before Trump entered the White House as president again on Jan. 20. Tesla first began trading on June 29, 2010, with an initial price offering of $17 but opened trading at $19 per share. Back then the only car for sale was the Roadster and two years before the Model S hit the market. The top-selling cars are now the Model Y SUV and Model 3 sedan. Musk wasn't Tesla founder but he invested early and served as chairman and took over as CEO in 2008. The conference call Thursdsay was light in earnings information and more focused on robotics and artificial intelligence. "The company offered remarkably little detail on some of the most important factors" - like its mysterious new lower-priced model - "making our outlook lean more on imagination than realistic targets," Truist's William Stein, who has a hold rating on Tesla, said in a note after the call in a report by CNN. "I wouldn't say it was a conference call that should be put in the Hall of Fame," Dan Ives of Wdbush Securities, told CNN on Thursday, but said he is still bullish on Tesla's robotics future with Musk in charge. "Communication on the call was less than stellar in terms of details, and I think that definitely played into the selloff that we're seeing." Tesla later told staff Thursday it plans to launch its Robotaxi service in San Francisco this weekend, according to an internal memo obtained by Business Insider. Tesla has a permit for testing its self-driving software in California with a driver behind the wheel. Earning report Looking back, Tesla sold $22.5 billion worth of products during the second quarter, which is $3 billion less than the $25.5 billion in sales during the same period in 2024. Tesla reported $1.2 billion in earnings profit from April to June, which is down from $1.4 billion a year earlier. The earnings drop is the third straight quarter for the EV maker that last reported an earnings gain during the third quarter last year. Driving much of the loss is a decline in Tesla vehicle sales, which totaled $16.7 billion during the second quarter -- down by 16% from a year ago. Tesla delivered 384,000 vehicles during the second quarter, which is 14% fewer than a year ago, the company announced in July. Several factors have contributed to the decline in Tesla sales, including the end to federal tax credits for buying electric vehicles and increased competition for EV makers in China and elsewhere. Musk recently cautioned investors about the approach of a "few rough quarters" due to the loss of the federal EV tax credits. A recently signed budget bill that Trump dubbed "one big, beautiful bill" eliminates a $7,500 federal tax credit after September. Trump said he does not intend to eliminate federal subsidies for Tesla, though. "I want Elon and all businesses within our country to thrive ... like never before," Trump said in a Truth Social post on Thursday. "The better they do, the better the USA does, and that's good for all of us," Trump added. Tesla also posted a decline in new vehicle registrations in Europe in July and only sold 4,300 units of its Cybertruck during the second quarter. Tesla sold about half as many Cybertrucks during the second quarter than it did a year earlier, according to Cox Automotive. Musk has announced Tesla will soon offer a new EV that costs less after beginning production in June. Industry analysts anticipate it will be similar to Tesla's electric Model Y SUV. Tesla's declining EV sales come as demand for EVs has grown by 1.5% so far in 2025 in the United States and by 32% and 26%, respectively, in China and Europe, Cox Automotive and Rho Motion reported. China's BYD EV maker is growing its market share there, while JATO Dynamics reported Volkswagen has overtaken Tesla as the top EV seller in Europe. Recent political turmoil also has led to negative publicity for Musk and Tesla by extension. Musk's recently controversial activities as the former director of the Department of Government Efficiency, subsequent fallout with Trump and recent announcement of founding a third political party have preceded declines in sales and Tesla's share price.
Yahoo
an hour ago
- Yahoo
Elon Musk Downplays Tesla-xAI Merger Open to Investment
Tesla, Inc. (NASDAQ:TSLA) is one of the growth stocks that could double by 2027. On July 14, Elon Musk confirmed he is opposed to any merger involving the electric vehicle giant and artificial intelligence company xAI. david-von-diemar-ZBWn5DvO0hg-unsplash The remark came in response to a question posted on the social networking platform X. It comes as the tech billionaire explores the future relationship between the two companies he owns. Musk has already affirmed he is open to a shareholder vote that will determine whether Tesla will invest in the AI company xAI. Last year, Musk asked his followers on X whether Tesla should proceed with a $5 billion investment in xAI. A majority of the people said yes. Likewise, in March, Musk completed a merger between xAI and X in a deal that valued the AI company at $80 billion and the social network at $33 billion. Tesla, Inc. (NASDAQ:TSLA) is a tech giant that designs, manufactures, and sells electric vehicles, energy generation and storage products, and related services. It is known for its electric cars, including the Model S, Model 3, Model X, and Model Y, as well as energy products such as the Powerwall and Megapack. While we acknowledge the potential of TSLA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio