Sinclair Broadcast Group, one of the largest and most diversified television broadcasting companies in the U.S., is said to be considering selling about 30% of its television stations, according to sources familiar with the matter. No specific details of the potential deal or buyer have been disclosed. This possible move could be part of Sinclair’s strategy to streamline its portfolio or pay off debt, however, the company has yet to confirm these speculations. Sinclair Broadcast Group currently owns, operates, or provides services to 190 television stations in 88 markets.
Sinclair explores selling roughly 30% of its broadcast stations, sources say
