Press Releases July 15, 2026 10:52 AM

Sinclair Commends Modernization of Antiquated Media Ownership Restrictions

Sinclair CEO Supports FCC's Plan to Modernize Media Ownership Rules

By Maya Rios
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SBGI

Sinclair, Inc. President and CEO Chris Ripley praised the FCC's announcement to reconsider and update the long-standing national ownership restrictions in media. The company sees this regulatory modernization as essential to adapt to the evolving media landscape and to support the sustainability of local journalism.

Sinclair Commends Modernization of Antiquated Media Ownership Restrictions
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Key Points

  • FCC plans to modernize long-outdated national media ownership restrictions.
  • Sinclair operates 177 TV stations across 79 markets, along with several networks and digital media outlets.
  • Updating ownership rules is seen as crucial for preserving local news and adapting to changes in the media ecosystem.

BALTIMORE, July 15, 2026 (GLOBE NEWSWIRE) -- Sinclair, Inc. President and CEO Chris Ripley issued the following statement in response to the announcement that the Federal Communications Commission will consider modernizing its long outdated national ownership restrictions at its August Open Meeting.

Previous“It should not be controversial to suggest that changed facts should lead to changed rules. We commend Chairman Carr for considering action to modernize the…”
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“It should not be controversial to suggest that changed facts should lead to changed rules. We commend Chairman Carr for considering action to modernize the FCC’s rules setting the national ownership cap – and for his continued leadership in looking at ways to preserve local news by taking proactive steps to empower local broadcasters. Given the undeniable change and disruption to the media ecosystem, updating these rules to reflect the current landscape is common sense.”

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 177 television stations in 79 markets affiliated with all major broadcast networks; owns Tennis Channel, the premium destination for tennis enthusiasts; and multicast networks CHARGE!, Comet, ROAR and The Nest. 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.

Media Contact:
Jessica Bellucci – [email protected]

Category: Financial


Risks

  • Regulatory changes depend on FCC decisions and could face political opposition or delays.
  • Potential increased consolidation may raise concerns about media diversity and competition.
  • Rapid changes in media consumption habits could impact traditional broadcasters despite regulatory adjustments.

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