Samsung, Pearl TV and Sinclair Broadcast Group are collaborating on how to deploy the next-generation broadcast standard and what to do with it. The three have agreed to a Memo of Understanding “collaboratively to support the development and the implementation” of ATSC 3.0.
The Pearl group of nine major station groups and Sinclair have agreed to work with the consumer electronics giant over the next 18 months to develop and test new features and services that will support broadcasters’ evolving business models for the next-generation broadcast TV standard.
The march toward ATSC 3.0 gaining widespread application took a big step forward as the set-maker Samsung Electronics America has agreed to work with Pearl TV, a consortium of nine major station groups, and Sinclair Broadcast Group “to support the development and implementation of the ATSC 3.0 standard.”
TVN Station Group of the Year
Sinclair Broadcast Group: Big Plans, Big Role
The Baltimore super group grows dramatically in size and industry influence. With the great expansion, Sinclair has moved to the top ranks of TV broadcasting and earned its recognition as TVNewsCheck’s Station Group of the Year for 2014. This story originally appeared in TVNewsCheck’s Executive Outlook magazine in January. (Photo by Jonathan Hanson)
The award from TVNewsCheck recognizes the company’s deep faith in broadcasting and its status as a technology leader through its championing a new broadcast standard and new uses for TV spectrum.
Option-to-acquire deal opens door to Fox growing station group, and perhaps grabbing affiliations
By Michael Malone — Broadcasting & Cable, 5/18/2012 2:17:55 PM
The unique pact between Sinclair and Fox, announced May 15 and revealing a series of options to buy specific stations in each other’s group, may lead to Fox acquiring as many as three of Sinclair’s CW or MyNetworkTV affiliates — and perhaps turning them into Fox O&Os, as some affiliates fear. Such a play would leave current Fox affiliates in markets that include Raleigh, Las Vegas, Cincinnati and Norfolk without an affiliation.
Sinclair Broadcast Group today reported financial results for the three months ended March 31 that included net broadcast revenues from continuing operations of $192.2 million, an increase of 23.2% versus the prior year period result of $156 million.