David Amy

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Spotted around the media universe

Sinclair Broadcast Lurches Toward Bankruptcy - Posted July 14, 2009
Sinclair Broadcast Group Inc. (SBGI) is close to bankruptcy, the company announced yesterday. The Baltimore-based company owns 58 TV stations and is currently crushed under nearly $500 million of debt that must be repaid within the next 18 months. Almost another $1 billion will remain even after paying back the time-sensitive... [MediaJobsDaily]