Sinclair Broadcast Group Inc
Why Has ViacomCBS Stock Fallen 36% in 2020?
ViacomCBS investors have been disappointed. So far, the stock has fallen 36% YTD. However, ViacomCBS isn’t the only media company with struggling stock.
AT&T Opens New Revenue Streams as It Works to Cut Debt
AT&T became the first major mobile operator to offer a service that automatically blocks unwanted calls. This service has also opened a new revenue stream as the company works to reduce its debt.
Disney Finalized Its Sports Network Deal with Sinclair
Walt Disney (DIS) has agreed to sell 21 regional sports networks to Sinclair Broadcast Group (SBGI) for around $9.6 billion.
When Can Disney Resume Its Share Buyback Program?
Disney has suspended its share repurchase program temporarily due to its heavy debt load.
Disney-Fox Deal Gets Regulatory Nods from Mexico and Brazil
On March 11, Disney received antitrust approval from Mexico’s telecom regulators for its purchase of the assets of 21st Century Fox.
How Amazon Could Gain from Stake in YES Network
On March 8, Amazon (AMZN) along with Blackstone (BX) and Sinclair Broadcast Group (SBGI) agreed to partner with the New York Yankees to buy Walt Disney’s (DIS) 80% stake in YES network for about $3.5 billion.
Is Amazon Close to Deal to Buy Disney’s YES Network?
Disney is trying to sell its 80% stake in YES and other regional sports networks to get approval from the US DOJ to acquire Fox’s entertainment and media assets.
Which Stocks Have Announced $1,000 Bonuses?
In this series, we’ll be taking a look at the companies that have announced $1,000 dollar bonuses, pay raises, increased dividends, and buybacks in the last two months.
Energy, broadcasting firms increase junk-rated debt issuance
High-yield bonds (HYG) or junk bonds (JNK) are rated below investment-grade, BB+ and below, as per the Standard & Poor’s ratings system.