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Sinclair Launches Media-for-Equity Initiative to Fuel Growth of High-Potential Companies

Apr 10, 2025•about 1 year ago

Contract Type

partnership

CockeysvilleSportsNewsBroadcasting

Description

Sinclair has announced its entry into the media-for-equity space, aiming to use its media assets to fuel the growth of high-potential companies and emerging brands. Through direct investments and partnerships with Mercurius Media Capital and MediaForGrowth (MFG), Sinclair will provide advertising resources and strategic support in exchange for equity via Sinclair’s Local Media segment.

Company Information

Company

Sinclair

Location

Cockeysville, Maryland, United States

About

Sinclair, Inc. (Nasdaq: SBGI) is a diversified media company and a leading provider of local news and sports. The Company owns, operates and/or provides services to 185 television stations in 86 markets affiliated with all the major broadcast networks; and owns Tennis Channel and multicast networks Comet, CHARGE!, TBD., and The Nest. Sinclair’s content is delivered via multiple platforms, including over-the-air, multi-channel video program distributors, and the nation’s largest streaming aggregator of local news content, NewsON.

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