Sinclair Broadcast Group Inc. (NASDAQ:SBGI) has positioned itself for terrific future growth, as it has scaled its assets at the right time in order to take advantage of rising retransmission fees, as well as organically growing its ad revenue.
A significant acquisition is the Allbritton deal, which adds what most consider will be the crown jewel of the company - ABC affiliate WJLA, located in Washington, D.C. Not only is it a fantastic standalone business, but it will probably be the foundation of what will eventually be a cable news channel for the company.
Once Sinclair closes the Allbritton and New Age deals, at the latest by the second quarter of 2014 in the case of Allbritton, it...
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