Sinclair Broadcast Group Reports Q2 2025 Financial Results

Sinclair Broadcast Group ( (SBGI) ) has released its Q2 earnings. Here is a breakdown of the information Sinclair Broadcast Group presented to its investors.

Sinclair, Inc. is a diversified media company that operates in the broadcast sector, providing local news and sports content through its ownership and operation of television stations, as well as the Tennis Channel and various digital platforms.

Sinclair Broadcast Group recently released its financial results for the second quarter of 2025, highlighting a challenging economic environment. Despite a decrease in total revenues and a net loss, the company reported adjusted EBITDA above the midpoint of its guidance and announced several strategic moves, including new leadership appointments and acquisitions.

Key financial metrics for the quarter showed a 5% decrease in total revenues to $784 million, with media revenues also down by 5%. The company reported a net loss of $64 million compared to a net income of $17 million in the same period last year. However, core advertising revenues increased by $13 million year-over-year. Sinclair also repurchased $81 million of its notes due in 2027 and completed several acquisitions, including the remaining stake in Digital Remedy.

Sinclair’s strategic initiatives included the rebranding of Compulse under the Digital Remedy name and the expansion of its non-traditional broadcast assets with new sports podcasts. The company also secured a six-year media rights deal for WTA tennis and extended its partnership with the International Tennis Federation.

Looking ahead, Sinclair’s management remains optimistic about the company’s future, focusing on growth in its multicast networks and digital content offerings, while navigating the evolving regulatory landscape and economic challenges.