After a corporate reorganization involving its regional sports networks, Sinclair Broadcast Group is on solid footing, even in the face of a potential recession, the company’s CEO told shareholders Thursday.
Sinclair will benefit from cutting-edge broadcast technology and expects record political ads, executives said. And they believe the company’s share price is significantly undervalued.
The Hunt Valley-based broadcaster held its annual meeting in person with attendance restrictions, citing continued safety concerns from the COVID-19 pandemic.