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Broadcasting & Cable
Broadcasting & Cable
Business
Jon Lafayette

Sinclair Reports $17 Million Profit, Boosted by Election Ad Spending

Sinclair headquarters in Hunt Valley, Md.

Sinclair turned a second-quarter profit and said it has already received $146 million in political advertising commitments for the rest of this presidential election year.

Net income was $17 million, or 27 cents a share, compared to a net loss of $89 million, or $1.38 a share, a year ago. 

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