TVNewser LostRemote AgencySpy PRNewser FishbowlNY FishbowlDC SocialTimes AllTwitter AllFacebook InsideFacebook InsideSocialGames InsideMobileApps

Sinclair Local, National Revenue Grows in Q4

In the fourth quarter of 2012, Sinclair Broadcast Groups’ local net broadcast revenues were up 33.7% and national net broadcast revenues were up 58.8% compared to the year-ago quarter.

Sinclair had operating income of $119.1 million in the fourth quarter of 2012, compared to operating income of $63.5 million during the year-ago quarter. Net income also rose to $59 million vs. $22.7 million. Political revenues were $54.1 million for the quarter and $96.9 million for the year.

“2012 was a remarkable year for our Company,” David Smith, President-CEO of Sinclair, said in a statement. “We successfully closed on 30 TV stations, recorded record levels of political advertising, benefited from a rebound in the automotive advertising category, and achieved historic levels in key financial metrics.

Mediabistro Course

Social Media 101

Social Media 101Get hands-on social media training for beginners in our online boot camp, Social Media 101. Starting September 4, social media and marketing experts will help you determine the social media sites that matter most to you, based on your personal and professional goals. Register now!