The C-Suite leaders for the broadcast media company that also owns the Bally Sports regional sports networks is gearing up for an Investor Day event at Nasdaq MarketSite.
And, due to space limitations at the New York venue, the company is inviting investors and the general public to join in a listen-only mode via webcast.
Sinclair Broadcast Group will host a four-hour event scheduled for October 3.
It will begin at 10am, with a webcast accessible at www.sbgi.net.
The presentation will include what Sinclair says is its “track record of innovation and industry leadership, current state, and plans for future growth.”
Indeed, Sinclair has been a key catalyst in the voluntary rollout of ATSC 3.0 technology, and has invested heavily in NEXTGEN TV’s backbone.
At the Times Square affair, members of the Sinclair leadership team say they will delve into “important topics.” They include marketing services and technology, “local news of the future,” the MVPD-distributed Tennis Channel, interactivity and community, data monetization, NextGen Broadcasting business use cases, the company’s investment portfolio, and financial performance.
The event comes amid market fluctuations largely triggered by inflationary and recessionary trends and warnings from economists about a shaky road ahead for consumers.
With a $30.86 1-year target, SBGI at 10am Eastern on Tuesday (9/20) was priced at $21.55. Year-to-date, SBGI’s lowest closing price of $19.23 came on June 17.
