CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024
REVENUE:
Media revenue	$ 765	$ 908	$ 2,312	$ 2,519
Non-media revenue	8	9	21	25
Total revenue	773	917	2,333	2,544
OPERATING EXPENSES:
Media programming and production expenses	413	414	1,251	1,247
Media selling, general and administrative expenses	203	201	595	591
Amortization of program costs	21	18	57	55
Non-media expenses	12	14	36	39
Depreciation of property and equipment	25	26	75	76
Corporate general and administrative expenses	40	41	137	149
Amortization of definite-lived intangible assets	37	37	108	113
Gain on asset dispositions and other, net	(36)	(13)	(19)	(11)
Total operating expenses	715	738	2,240	2,259
Operating income	58	179	93	285
OTHER INCOME (EXPENSE):
Interest expense including amortization of debt discount and deferred financing costs	(85)	(78)	(311)	(230)
Gain on extinguishment of debt	0	0	6	1
(Loss) income from equity method investments	(2)	0	(9)	92
Other income (expense), net	29	24	(55)	22
Total other expense, net	(58)	(54)	(369)	(115)
Income (loss) before income taxes	0	125	(276)	170
INCOME TAX BENEFIT (PROVISION)	1	(29)	61	(30)
NET INCOME (LOSS)	1	96	(215)	140
Net income attributable to the noncontrolling interests	(2)	(2)	(6)	(6)
NET (LOSS) INCOME ATTRIBUTABLE TO SINCLAIR	$ (1)	$ 94	$ (221)	$ 134
EARNINGS PER COMMON SHARE ATTRIBUTABLE TO SINCLAIR:
Basic earnings per share (in dollars per share)	$ (0.02)	$ 1.43	$ (3.20)	$ 2.06
Diluted earnings per share (in dollars per share)	$ (0.02)	$ 1.43	$ (3.20)	$ 2.05
Basic weighted average common shares outstanding (in shares)	69,660	66,355	68,921	65,570
Diluted weighted average common and common equivalent shares outstanding (in shares)	69,660	66,526	68,921	65,709