Sinclair Ventures appoints Craig Blank as principal to oversee investments

BALTIMORE - Sinclair Ventures, a division of Sinclair, Inc. (NASDAQ:SBGI), announced Monday the appointment of Craig Blank as Principal in a newly created role. Blank will oversee the company’s minority-owned investment portfolio while helping to shape long-term investment strategy and source majority-owned investments. The appointment comes as Sinclair, with a market capitalization of approximately $955 million and an overall GOOD Financial Health Score according to InvestingPro, continues to strengthen its management team.

Sinclair Ventures comprises the company’s minority-owned investment portfolio, The Tennis Channel and related assets, the Digital Remedy ad tech unit, and Dielectric antenna business. The company maintains a strong dividend track record, having paid dividends for 16 consecutive years, with a current yield of 7.23%. InvestingPro analysis reveals 8 additional key insights about Sinclair’s financial position and growth prospects.

Blank brings over 20 years of experience in private equity, portfolio management, and strategic investment execution to the position. Prior to joining Sinclair Ventures, he served as Managing Director at Woodland Management and Partners Edge Fund in Pittsburgh, where he led private investments focusing on middle market private equity transactions.

"Craig’s proven ability to identify targeted industries, execute complex investment transactions, oversee portfolio company performance, and cultivate strategic partnerships makes him an outstanding addition to our leadership team," said Chris Ripley, President & CEO of Sinclair, Inc., in a press release statement.

Blank’s expertise includes sourcing and conducting due diligence across various asset classes including private equity, private credit, venture capital, hedge funds, real estate, and public markets.

Blank holds an MBA from the University of Pittsburgh’s Katz Graduate School of Business and a BSBA from Washington University in St. Louis.

Sinclair, Inc. owns, operates and provides services to 178 television stations in 81 markets affiliated with major broadcast networks, and owns Tennis Channel along with several multicast networks. The company generates annual revenue of $3.48 billion and maintains healthy liquidity with a current ratio of 1.89. According to InvestingPro’s comprehensive analysis, available through its detailed Pro Research Report, the stock currently trades below its Fair Value, suggesting potential upside opportunity for investors.

In other recent news, Sinclair, Inc. reported its second-quarter 2025 results, which presented a mixed financial outlook. The company exceeded its midpoint guidance for Consolidated Adjusted EBITDA, although it faced declines in core advertising and distribution revenues. Management has projected third-quarter revenue between $752 million and $776 million, with EBITDA expected to range from $71 million to $93 million. Guggenheim responded to these results by lowering its price target for Sinclair’s stock to $19 from $20, while maintaining a Buy rating. Additionally, Sinclair announced a comprehensive strategic review of its broadcast business, aiming to explore value-enhancing opportunities such as acquisitions, strategic partnerships, and business combinations. The company is also considering separating its Ventures portfolio through a spin-off or split-off. This strategic review has been unanimously authorized by the board and signals potential industry consolidation moves. These developments mark significant steps for Sinclair as it evaluates its growth strategies and business potential.

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