Sinclair Broadcasting does not seem to be doing well. Posts losses.

[tsuki]

Feb 10, 5:03 PM EST

Sinclair Broadcast Reports Quarter Loss

BALTIMORE (AP) -- Television-station operator Sinclair Broadcast Group Inc. fell to a loss in its latest quarter due to a $44.1 million write-down of goodwill.

The company also said it expects first-quarter revenue below year-ago levels amid a continued slowdown in automobile advertising, its largest advertising category, as well as declines in telecommunications and movie advertising.

The Baltimore-based television broadcast company on Thursday said it lost $2.59 million, or 6 cents a share, on revenue of $188.1 million in the fourth quarter.

Last year, it earned $18.6 million, or 19 cents a share, on revenue of $179 million in the fourth quarter.

<snip>

http://hosted.ap.org/dynamic/fronts/RAW?SITE=NYSTA&SECTION=HOME

[burythehatchet]

1. flush that vile crap down the toilet.

much good news this week.

[Sanity Claws]

2. Yippee!

Let's make sure that similar things happen to Fox News and CNN too by not watching them and boycotting companies that advertise on them. Starve the propaganda beast!!

[BrainRants]

9. Done. Done, And Done.

I've gone so far as to change my online buying habits to not buy things from companies in red states.

[blm]

3. If anything good can come out of the SwiftLars, let it be all those RW

mediawhores who promoted the lies find themselves struggling to maintain their livelihoods.

Bush doesn't need them now....money and favors will be harder to find.

[Pharaoh]

4. Hey Sinclair!

Can't touch this!

Eat shit ya doushbags!



:dem:

[nadinbrzezinski]

5. poor kids, poor kids

really, this is called backlash

Now lets expand them to the rest of the stenography corp

[snacker]

6. What a pity!

[DainBramaged]

7. "amid a continued slowdown in automobile advertising"

The auto makers figured out that the scumbags who watch their stupid asshat network probably aren't going to buy another car anytime soon, the demographic is too old.


Ode to the car salesman,

Over 55, it's their last ride.

[Anakin Skywalker]

8. Aww. My Heart Breaks

for those corporatist @$$holes. :( Boo hoo cry me a f***ing river hoo!