Sinclair's Q1 results are fueled by Super Bowl, local news

04/30/2013 | Broadcasting & Cable

Sinclair Broadcast Group in Q1 tallied a 32.5% jump in net revenue to $252.9 million, compared with the same period in 2012. The year "is off to a solid start with $2.5 million of incremental Super Bowl revenues in the first quarter, increased ad spending by our largest advertising category of automotive, and a very good February ratings book that highlighted the importance and popularity of local news," said Sinclair President and CEO David Smith.

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