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

Online Production for Writers and Editors

Online Production for Writers and EditorsStarting July 17, learn how to create multi-dimensional content for your digital mediums! Taught by a multiplatform journalist, Darragh Worland will teach you how to create content that is multi-dimensional and editorially relevant, use the web to its full potential, create stories that have social media campaigns built in and increase your value as as an employee. Register now!