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Consequences of the actions of the Sinclair Broadcasting Group

By Aldanatech ·
After the Sinclair Broadcasting Group (NASDAQ ? SBGI) broadcasted "Stolen Honor", an attack film on John Kerry based on slanted and inaccurate information, in would seem that the SBC is now being affected in ways that they didn?t experience before. In some cities such as Portland, Madison, Springfield, and Minneapolis, local advertisers, including car dealers, furniture makers, supermarkets and restaurants, have taken their commercials off the company's stations.

"I've decided I don't want to advertise on them," said Adam Lee, the president of Lee Auto Malls, which owns 10 auto dealerships in Portland Me., and has ordered its advertising off the CBS affiliate, WGME. "It's a public trust. It seems they're abusing it. If it were a news show and they were really trying to do a fair and balanced story on both sides, that would be a different matter. I don't think they are. That's not their intention."

Groups, including Common Cause, the Alliance for Better Campaigns, Media Access Project, Media for Democracy and the Office of Communication of the United Church of Christ, are putting together a database listing all Sinclair advertisers and will try to persuade others to withdraw their commercials. Among those on the list are chains like Applebee's International, Best Buy, Chili's, Circuit City, Domino's Pizza, Lowe's, Papa John's, Subway, Taco Bell and Wal-Mart Stores.

The controversy of the last week comes at a time when Sinclair's stock, like that of other local broadcasting companies, has already been hammered by a sluggish advertising environment and the dashing of deregulation hopes. The Sinclair stock has already fallen 53 percent this year. On Friday, it dropped 7 cents, or 1 percent to close at $7.04, near its 52-week low of $6.87. Before The Los Angeles Times first reported Sinclair's plans to show the s-called documentary more than a week ago, the stock was at $7.50.

Now this is not the first time we see the SBG do something like this. In April 2004, Sinclair ordered seven of its stations not to air Ted Koppel's Nightline broadcast featuring a roll call of the 700 U.S. troops who had died in Iraq. Republican Senator John McCain, who was a prisoner of war in Vietnam, was among the many who criticized Sinclair?s action: "It is, in short, sir, unpatriotic. I hope it meets with the public opprobrium it most certainly deserves." [CNN, 4/30/04] Also, it is known for a fact that the SBG is a big supporter of the Bush Administration. It has given nearly $67,784 in political contributions, 97% to Republicans (http://www.opensecrets.org/industries/contrib.asp?Ind=C2100&Cycle=2004).

What do you think the outcome of all of this will be, and what kind of effect do think it will bring to the election?

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Best point of the day Oz

by ippirate In reply to If that was self invalida ...

And in answer, I suppose I really shouldn't have. I guess I should have just let it prattle on and ignore it.

Thanks for the reality check.

Cheers

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Just the outside looking in

by Oz_Media In reply to Best point of the day Oz

Wasn't taking a poke at ayone, just sometimes when you see things from an outside perspective it's pretty amusing!

No offense, just having some fun with it all. :)

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Any "fair-minded" opinions here?

by B.D.G. In reply to Consequences of the actio ...

This whole election debate seems to require that Republican/Bush supporters vilify Democrat/Kerry supporters, and vice-versa. Any chance anyone out there see those who hold differing political views as like, oh, human beings with valid points of view, possibly capable of thoughtful discussion of differences?


Me neither.

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Well I'd like to think....

by JamesRL In reply to Any "fair-minded" opinion ...

.....That at various times I have pissed both sides off. I am Canadian.

I am not pro-Bush. I'm not a fan of him personally nor do I think the war on Iraq was well planned, timely or well thought out. I was in favour of the war in Afghanistan - that one had a clear "causus belli" in that the government were harbouring Al Qaeda. The case was never as clear in Iraq. Saddam was, in my humble estimation, contained. He was not a nice guy, but not the most dangerous dictator on the planet(see Kim Il Jung).

I have never been a big fan of John Kerry. Bill Clinton was more of a moderate. He wasn't protectionist, like Kerry. Never though Kerry was charismatic or persausive. I find the lack of detail disturbing.

So lucky I don't have to vote....

James

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Echo

by Oz_Media In reply to Well I'd like to think... ...

I know I sure as **** wouldn't wat to be part of it. the patr I despise most though is how thier nusiness is now global, yet when you speak out about it, you are told that it's none of your business unless you are american.

I couldn't give a toss who the elected with respect to interbal affairs, medical, economy, education etc. But unfortunately, this war was MADE the world's business when GWB tried to make a good impression and seek his predetermined goal set out long before the terrorist actions of 9/11. If he is SO pissd that Saddam MAY have had WMD, why isn't he even MORe focused on getting al-Qaeda and stopping them as well? The MAIN focus has been turned from al-Qaeda to some third world country's terrorists who wre being held at bay quite well by an evil dictator, who has shown america (well the rest of the world anyway) that he actually had a much better grip on it than america has shown.

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not allowed

by Oz_Media In reply to Any "fair-minded" opinion ...

I tried offering personal opinion based on a conclusion of what I heard, saw and read.

the response was PRoVE it, followed by a dozen links to Repubilcan "proof".

No, individual thought process is disallowed in the biggest brainwashing contest of the century.

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This whole thing is rediculous

by dwdino In reply to Consequences of the actio ...

Another statement from a media analyst:

"This is hilarious. The media has been preaching selfishness and self gratification above all for years now. ... and now that these ideologies have been ingrained, the consquences are being seen with p2p, illegal copy, and pirating of all media. They create the monster, the monster bites their #@$ and now they want the DCMA to protect them ... hahahaha ..."

Same thing here. Farenheit and Stolen Honor are both editoral productions. These have been produced with a predetermined outcome and presented to prove a point / sway opinion. This is Free Speech in action. If there is slander than go after it. If there are falsities or shortcomings, prove it.

Otherwise, shutup!

Both GWB and JK are looking to assign/retain a position that requires one to be subjected to biased, finite scrutiny. As President you will be critized, lied about, errantly displayed, and miss quoted. It is your job to speak your peace, defend your issues, and provide a living/active example of the morals you believe in and choices you make.

Sinclair should not be detrimented for displaying a view point or airing an opinion. If the DNC has an opposing viewpoint or proof to discredited this production; make it available.

There is far to much whining over this issue.

Man what I wouldn't give for either candidate to stand up and say "Yes, I did do [fill in the blank] and was wrong. I am sorry and will do my best to never repeat this..."

You don't have to defend something you have already owned up to, confessed, repented, and attempted to make restitution for.

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The Sinclair Political Bureau Chief decries their attack film broadcast

by Aldanatech In reply to Consequences of the actio ...

According to the Baltimore Sun in Monday, Sinclair Broadcasting's lead political reporter Jon Leiberman denounced the management's decision to preempt regular programming in the last week before the election to air an anti-Kerry broadcast:

"It's biased political propaganda, with clear intentions to sway this election," said Jon Leiberman, Sinclair's lead political reporter for more than a year. "For me, it's not about right or left ? it's about what's right or wrong in news coverage this close to an election." Leiberman spoke out yesterday after a mandatory staff meeting attended by Sinclair's corporate news division at company headquarters in Hunt Valley.

"I have nothing to gain here ? and really, I have a lot to lose," Leiberman said. "At the end of the day, though, all you really have is your credibility."

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"I have a lot to lose."

by Cactus Pete In reply to The Sinclair Political Bu ...

And then they fired him.

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Close, but not yet

by Aldanatech In reply to "I have a lot to lose."

From what I know, he is not fired yet but he was that close of getting fired.

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