v3.25.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
REVENUES:    
Media revenues $ 770 $ 792
OPERATING EXPENSES:    
Media programming and production expenses 418 408
Media selling, general and administrative expenses 192 196
Amortization of program costs 19 19
Non-media expenses 11 12
Depreciation of property and equipment 26 25
Corporate general and administrative expenses 52 58
Amortization of definite-lived intangible assets 36 38
Loss on asset dispositions and other, net 8 0
Total operating expenses 762 756
Operating income 14 42
OTHER INCOME (EXPENSE):    
Interest expense including amortization of debt discount and deferred financing costs (144) (76)
Gain on extinguishment of debt 2 1
Other (expense) income, net (66) 40
Total other expense, net (214) (21)
(Loss) income before income taxes (200) 21
INCOME TAX BENEFIT 46 4
NET (LOSS) INCOME (154) 25
Net income attributable to the noncontrolling interests (2) (2)
NET (LOSS) INCOME ATTRIBUTABLE TO SINCLAIR (156) 23
Sinclair Broadcast Group, LLC    
REVENUES:    
Media revenues 694 727
OPERATING EXPENSES:    
Media programming and production expenses 390 383
Media selling, general and administrative expenses 170 183
Amortization of program costs 19 19
Non-media expenses 2 2
Depreciation of property and equipment 25 25
Corporate general and administrative expenses 37 41
Amortization of definite-lived intangible assets 31 33
Loss on asset dispositions and other, net 8 0
Total operating expenses 682 686
Operating income 12 41
OTHER INCOME (EXPENSE):    
Interest expense including amortization of debt discount and deferred financing costs (144) (76)
Gain on extinguishment of debt 2 1
Other (expense) income, net 3 31
Total other expense, net (139) (44)
(Loss) income before income taxes (127) (3)
INCOME TAX BENEFIT 26 9
NET (LOSS) INCOME (101) 6
Net income attributable to the noncontrolling interests (1) (1)
NET (LOSS) INCOME ATTRIBUTABLE TO SINCLAIR $ (102) $ 5