Sinclair’s Strategic Review Sends M&A Signals—Is A Mega Deal Coming?

Sinclair Broadcast Group recently released its financial results for the second quarter of 2025, reporting a challenging quarter amid macroeconomic uncertainties, though they still managed to deliver results close to their target ranges. The company showed resilience through its extensive media and technology platform, with advertising revenue within expectations, and a year-over-year rise in core advertising revenue. However, expectations were tempered with distribution revenues not meeting projections due to slower subscriber growth in larger virtual MVPDs.