Sinclair (SBGI) released preliminary unaudited Local Media segment fourth quarter media revenues. The company expects Local Media segment media revenues to be $931 million to $933 million for the three months ended December 31, 2024, down modestly from the previously disclosed guidance of $936 million to $945 million.
Also, the company said it expects fourth quarter Local Media segment combined preliminary media programming and production expenses and media selling, general and administrative expenses of $580 million to $582 million, which compares favorably to the previously disclosed guidance of a total of $589 million to $590 million for the total of these two expense line items.
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