Sinclair Launches Digital Ventures Group

By Kevin Eck 

Sinclair Broadcasting says its going to invest in emerging digital technology and digital content companies through a new division called Sinclair Digital Ventures.

The station group says SDV will “focus on companies with products or services that support and expand Sinclair’s digital capabilities and non-linear footprint.”

“Expansion of our digital footprint is integral to our longer term growth plan, especially as viewing consumption trends evolve,” said David Smith, president and CEO of Sinclair. “Sinclair Digital Ventures’ focus is to seek partner companies whose products or services can help engage consumers and advertisers on multiple screens – web, social media and mobile apps.”

Sinclair COO, David Amy, Sinclair CFO, Chris Ripley, and Rob Weisbord, COO Sinclair Digital Group, will oversee the division.