Overview
- Revenue fell 16% to $773 million, producing a $1 million net loss versus $94 million in profit a year earlier.
- Advertising sales dropped 26% to $321 million as political revenue plunged to $6 million from $138 million in the 2024 presidential cycle.
- Sinclair said ABC distribution is being hurt by the Disney–YouTube TV blackout and pressed for rule changes giving local owners control over such deals.
- The company did not attribute results to September’s brief preemption of Jimmy Kimmel Live!, which it said was an independent programming decision before stations resumed the show on Sept. 26.
- CEO Chris Ripley reported 11 partner-station acquisitions closed as of Nov. 1 and forecast potential FCC ownership-cap changes in early 2026 alongside stronger Q4 trends.