Press Releases August 6, 2026 12:15 PM

Sinclair Commends Removal of Artificial Limits on Local Broadcasters

Sinclair praises FCC's modernization of broadcast ownership limits to support local media competitiveness

By Derek Hwang
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SBGI

Sinclair, Inc. CEO Chris Ripley applauds the FCC's recent decision to update national ownership restrictions, removing outdated limits that hinder local broadcasters. This modernization aims to enable Sinclair and other broadcasters to compete more effectively in the evolving media landscape and continue delivering local news and sports content.

Sinclair Commends Removal of Artificial Limits on Local Broadcasters
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Key Points

  • FCC lifted the 39% national ownership cap, a limit set decades ago, to reflect current media industry realities.
  • Sinclair operates 178 TV stations in 79 markets and several multicast networks and digital content services.
  • The rule change is expected to enhance local broadcasters' ability to compete and sustain local news services.

BALTIMORE, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Sinclair, Inc. President and CEO Chris Ripley issued the following statement in response to today’s Federal Communications Commission’s vote modernizing the long outdated national ownership restrictions.

Previous“Today’s media landscape looks nothing like it did decades ago when the 39 percent limit was set by the FCC. Updating these rules to reflect dramatic changes…”
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“Today’s media landscape looks nothing like it did decades ago when the 39 percent limit was set by the FCC. Updating these rules to reflect dramatic changes across the media industry will set the stage for local broadcasters to begin to compete on a more level playing field. We applaud Commission leadership and the dedicated Commission staff for their work to modernize the rules and give broadcasters a fighting chance to preserve local news and continue to serve their local communities.”

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 178 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]

Investor Contact:
Christopher C. King, VP, Investor Relations
(410) 568-1500

Category: General


Risks

  • Increased consolidation risks reducing diversity and competition in the media sector.
  • Potential regulatory backlash or legal challenges to the FCC’s decision could create market uncertainty.
  • Media consumption shifts towards digital platforms may limit the benefits of traditional broadcast expansion.

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