ATSC 3.0 'On Track' for 2017 Approval, Wells Fargo Quotes Sinclair as Saying
Sinclair Chief Financial Officer Chris Ripley told an investor conference that ATSC 3.0 is “on track” to be approved by the FCC at the beginning of next year, Wells Fargo analyst Marci Ryvicker emailed investors. Ripley said Sinclair retracted its…
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predictions about political advertising revenue (see 1609210075) due to a “lack of visibility,” Ryvicker said. Republican presidential nominee Donald Trump's fundraising efforts are late, though Ryvicker said it's possible he could make up for lost time: “It sounds to us like the door is open to maybe meeting the old political Q4 numbers, but again there is no visibility.”