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Sinclair Says Kimmel Suspension is Not Enough, Calls on FCC and ABC to Take Additional Action

1. Sinclair preempted 'Jimmy Kimmel Live!' for a special honoring Charlie Kirk. 2. Sinclair objects to Kimmel's comments, seeking regulatory changes and accountability. 3. ABC suspended production of Kimmel's show after Sinclair's objections. 4. Sinclair demands an apology and donations from Kimmel to the Kirk family. 5. The situation may affect Sinclair's relationship with ABC moving forward.

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FAQ

Why Neutral?

While Sinclair's actions reflect a strong stance on accountability, they do not directly influence revenue. Historical context shows controversy can impact advertising, but Sinclair's focus on local content mitigates risks.

How important is it?

The article focuses on Sinclair's actions and regulatory demands, which are significant for shareholders. While it doesn't drastically change market perception, it indicates active management and response to controversies, which could appeal to investors looking for accountability.

Why Short Term?

The immediate impact is tied to the airing of the special, which may draw viewer attention. However, long-term consequences rely on ongoing relationships with networks and advertising stability.

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Sinclair's ABC stations to air a special in remembrance of Charlie Kirk during Jimmy Kimmel Live timeslot on Friday

Sinclair, the nation's largest ABC affiliate group, objects to recent comments made by Mr. Kimmel concerning the assassination of Charlie Kirk.

As discussed with ABC earlier today, Sinclair decided to indefinitely preempt "Jimmy Kimmel Live!" beginning tonight. Following these discussions, ABC has suspended production of "Jimmy Kimmel Live!"

"Mr. Kimmel's remarks were inappropriate and deeply insensitive at a critical moment for our country," said Vice Chairman Jason Smith. "We believe broadcasters have a responsibility to educate and elevate respectful, constructive dialogue in our communities. We appreciate FCC Chairman Carr's remarks today and this incident highlights the critical need for the FCC to take immediate regulatory action to address control held over local broadcasters by the big national networks."

Sinclair's ABC stations will air a special in remembrance of Charlie Kirk this Friday, during Jimmy Kimmel Live's timeslot. The special will also air across all Sinclair stations this weekend. In addition, Sinclair is offering the special to all ABC affiliates across the country.

Sinclair will not lift the suspension of "Jimmy Kimmel Live!" on our stations until formal discussions are held with ABC regarding the network's commitment to professionalism and accountability.

Sinclair also calls upon Mr. Kimmel to issue a direct apology to the Kirk family. Furthermore, we ask Mr. Kimmel to make a meaningful personal donation to the Kirk Family and Turning Point USA.

Regardless of ABC's plans for the future of the program, Sinclair intends not to return "Jimmy Kimmel Live!" to our air until we are confident that appropriate steps have been taken to uphold the standards expected of a national broadcast platform.

About Sinclair:

Sinclair, Inc. (NASDAQ:SBGI) is a diversified media company and a leading provider of local news and sports. The Company owns, operates and/or provides services to 178 television stations in 81 markets affiliated with all major broadcast networks; owns Tennis Channel, the premium destination for tennis enthusiasts; multicast networks CHARGE, Comet, ROAR and The Nest. Sinclair's AMP Media produces a growing portfolio of digital content and original podcasts. Additional information about Sinclair can be found at www.sbgi.net.

Category: General

Media contact: Jessica Bellucci jbellucci-c@sbgtv.com

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