Sinclair Inc Expands Media Footprint with Acquisition of WDKA-TV and KBSI-TV Assets, Enhancing Local Broadcasting Capabilities

Sinclair Inc (SBGI) expands its media footprint by acquiring non-licensed assets of WDKA-TV in Paducah, KY, and KBSI-TV in Cape Girardeau, MO. Sinclair will provide programming, technical, and management services to both stations. The acquisition enhances Sinclair's local broadcasting capabilities and provides potential for future growth by acquiring licensed assets. This strategic move aligns with Sinclair's broader strategy of expanding its media footprint and enhancing its service offerings.

BALTIMORE, July 02, 2025 — Sinclair Inc. (NASDAQ: SBGI), a diversified media company, has announced the acquisition of non-licensed assets of WDKA-TV in Paducah, Kentucky, and KBSI-TV in Cape Girardeau, Missouri. The deal includes an option to acquire all licensed assets of both stations in the future. Under the agreement, Sinclair will provide programming, technical, and management services to both television stations [1].

The financial terms of the transaction were not disclosed, but the company maintains strong liquidity with current assets exceeding short-term obligations by more than two times. This acquisition adds to Sinclair's existing portfolio of 180 television stations in 82 markets, with affiliations to all major broadcast networks [1].

Sinclair, headquartered in Baltimore, describes itself as a diversified media company focused on local news and sports content. Beyond its television station holdings, the company owns Tennis Channel and several multicast networks including CHARGE, Comet, ROAR, and The Nest. It also operates NewsON, which aggregates local news content for streaming [1].

This strategic move aligns with Sinclair's broader strategy of expanding its media footprint and enhancing its service offerings. The acquisition of WDKA-TV and KBSI-TV assets positions Sinclair to strengthen its local broadcasting capabilities and provides potential for future growth by acquiring the licensed assets [1].

In other recent news, Sinclair, Inc. has announced the appointment of Narinder Sahai as its new Executive Vice President and Chief Financial Officer, effective immediately. Sahai steps into the role with over 20 years of financial leadership experience, having recently served as CFO of Arcis Golf. Lucy Rutishauser, the outgoing CFO, will remain with Sinclair as Executive Vice President to aid in the transition. Additionally, Sinclair held its annual stockholders’ meeting where nine directors were elected to the company’s board [1].

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References:
[1] https://www.investing.com/news/company-news/sinclair-acquires-assets-of-wdkatv-and-kbsitv-stations-93CH-4146751