Business
Sinclair Broadcast Group Named to Fortune 500 List
Highlighting Companies that Define American Corporate Success, This Achievement is the Culmination of Decades of Work as one of the Nation’s Leading Local
About this update from Sinclair, Inc.
[{"type":"text","content":"\nHighlighting Companies that Define American Corporate Success, This Achievement is the Culmination of Decades of Work as one of the Nation’s Leading Local Broadcasters\n\n BALTIMORE--(BUSINESS WIRE)--\nSinclair Broadcast Group (Nasdaq: SBGI) is thrilled to announce that the company has been named to the prestigious Fortune 500 for the first time, ranking 465 on the list. Sinclair’s place on the Fortune 500 follows years of tremendous growth and monumental achievements for the company.\n\n“Our company comes from humble beginnings in Baltimore, and thanks to our exceptional team, we have evolved from a local broadcaster into a diversified media and technology company that stands shoulders above the rest,” said David Smith, Executive Chairman of Sinclair Broadcast Group. “We are incredibly proud to be honored by the Fortune 500 and share this award with all who have been a part of this journey. This is an exceptional accomplishment for Sinclair, and we look forward to seeing continued growth across the business.”\n\nSinclair has long been a leader in local news and its reporters and stations have been routinely honored by peers for their continued excellence. In addition to Sinclair’s 185 local television stations and 19 Bally Sports networks, the company owns Tennis Channel, TC Plus, Tennis Magazine, Tennis.com, Comet, TBD Network, Charge!, Stadium, STIRR, NewsOn, Compulse, Ring of Honor, and others; and has ownership stakes in Marquee Sports Network and the YES Network. This is one of the most diverse portfolios of any company in the industry and will continue to be a focal point for years to come.\n\nFrom Emmys to Edward R. Murrow Awards, the hardworking teams who produce our local newscasts have been the cornerstone of the company. An industry innovator, Sinclair has further expanded its sports broadcast offerings with the acquisition of Tennis Channel, and the launch of the company’s acclaimed Marquee Sports Network in Chicago. Tennis Channel is the only 24-hour, television-based multimedia destination dedicated to both the professional sport and tennis lifestyle, and the Marquee Sports Network is the Chicago-region’s exclusive network for fans to view live Cubs games.\n\nIn recent years, the company has grown into its role as a leading provider of local sports as well. Most notably, in August 2019, Sinclair completed its ac...