Sinclair is studying mergers for its broadcast

SynclerOne of the largest broadcasts in the US is a strategic review of its broadcasting that can lead to a merger, The company said on Monday.

The campaign and its advisers have already conducted deep discussions with potential merger partners, according to people close to this issue, which could not talk publicly because of the sensitive nature of the negotiations. However, they will determine the estimate of the potential transaction early, they added.

At the same time, Sinclair also seeks to unscrew or split your Ventures block, which includes Pay-TV Tennis Channel and Business Compulse marketing technology. In 2023, the Syncler reorganized His company in two operating unites – local media, or broadcast stations, and Ventures, which can also act as an investment.

The company has already received a resolution of the Council to study its options. While Syncler had significant discussions with potential merger partners, ultimately there would be no confidence or spinoff will happen.

Sinclair’s stock increased almost 13% after trading in the market.

The media -industry is generally expected to de -deregulation in the Trump administration, especially in the broadcast space that can lead to a wave of merger and absorption.

Chairman of the Federal Communications Commission Brendan Car publicly said In recent months, he will support deprivation of the rules of ownership of broadcasting and restrictions.

Sinclair has 178 TV channels related to major broadcasters as ABC, NBC, CBS, Fox and CW in 78 markets.

Campaign report Last week, a second -quarter profit, in which the total income decreased by 5% to $ 784, and the total advertising income decreased by 6% to $ 322 million.

The owners of the broadcast of television stations have suffered in recent years, when consumers continue to reduce their traditional paid television packages. Most stations make the bulk of their money from the so -called re -transfer fees that pay at the pace at traditional television distributors, such as Charter Communication and Directv, for the right to transport stations.

Advertising, especially political advertising during local elections, also generates profit for companies.

Sinclair has a market capitalization of approximately $ 875 million, the cost of the company is more than $ 4.3 billion, Facttset reports. Its market value decreased significantly as paid television subscribers decreased.

Last year CNBC report This Syncler worked with Moelis and sought to sell more than 30% of his TV television broadcast or more than 60 stations. Recently, CEO Chris Ripley said the company was open to unload parts of its business or study transactions.

Other broadcasts can be in work. Last week’s Wall Street Journal Magazine report which NEXSTAR MEDIA GROUPThe largest owner of the television company was in discussions on acquisition Tagnowho has researched itself in recent years.