Tag: Sinclair Broadcast Group
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Sinclair CEO Says ‘Broadcasting is Not in a Good Position’ as He Eyes Other Businesses
Amidst a wave of cord cutting, the Sinclair broadcasting company is taking a different approach to growing revenue by venturing into other industries. Sinclair President and CEO Chris Ripley said he is looking into other avenues beyond broadcast TV, and is aiming to invest in them through a billion-dollar private equity fund. The company hopes…