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Sinclair Broadcast Group, Inc. (NASDAQ: SBGI) is a diversified media company that owns and operates television stations in the United States. The company's portfolio includes 191 television stations in 86 markets, including 173 FOX-affiliated stations, 23 ABC-affiliated stations, and 2 NBC-affiliated stations. Sinclair also owns Tennis Channel, a cable television network that broadcasts tennis tournaments and other sports programming. Sinclair was founded in 1923 by Julian Sinclair Smith, and it has been headquartered in Hunt Valley, Maryland, since 1970. The company has grown through a series of acquisitions, and it is now the largest owner of television stations in the United States. Sinclair's television stations reach over 40% of the United States, and they generate over $3 billion in annual revenue. The company's stations are primarily located in small- and medium-sized markets, and they are a major source of local news and information for viewers in those markets. In recent years, Sinclair has been criticized for its conservative political views. The company has been accused of using its stations to promote conservative causes, and it has been the subject of several lawsuits. Despite the criticism, Sinclair remains a major player in the television industry. The company is well-positioned to benefit from the growth of digital media, and it is likely to continue to grow in the years to come. |