Overview
- Sinclair reported $773 million in third-quarter revenue and a net loss of $1 million, down from a $94 million profit a year earlier.
- Advertising revenue fell 26% to $321 million as political ad sales collapsed to $6 million from $138 million in the 2024 election cycle.
- CEO Chris Ripley denied the Kimmel suspension weighed on results and pointed instead to the Disney–YouTube TV carriage dispute as the key drag.
- Jimmy Kimmel Live! was pulled from Sinclair’s ABC stations for several days in September and later restored, with the company asserting the decision was independent of government pressure.
- Sinclair closed 11 partner-station acquisitions by Nov. 1 and says it expects FCC action on ownership caps in the first half of 2026 that could enable further consolidation.