{"product_id":"sbgi-pestle-analysis","title":"Sinclair Broadcast Group PESTLE Analysis","description":"\u003cdiv class=\"pr-shrt-dscr-wrapper orange\"\u003e\n\u003csection class=\"pr-shrt-dscr-box\"\u003e\n\u003cdiv class=\"pr-shrt-dscr-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Magnifier-Icon.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMake Smarter Strategic Decisions with a Complete PESTEL View\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"pr-shrt-dscr-content\"\u003e\n\u003cp\u003eExplore how regulatory shifts, advertising cycles, and digital disruption are reshaping Sinclair Broadcast Group’s strategic outlook in our concise PESTLE snapshot—ideal for investors and strategists seeking clarity. This analysis highlights political risks, technological threats, and social trends that could affect revenue and valuation. Buy the full PESTLE to unlock detailed, actionable insights and ready-to-use strategic recommendations.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eP\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eolitical factors\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper green\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Political-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eFCC ownership and consolidation scrutiny\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eChanges in FCC leadership and policy direction—currently governed by the 39% national TV audience cap—directly affect local ownership rules, JSAs\/SSAs and market-concentration tests, with Sinclair operating roughly 190 stations and approaching that reach threshold. Tighter merger scrutiny and reviews post-2020 would constrain Sinclair’s scale-driven economics and spectrum strategies, limiting cost synergies. A permissive FCC enables station swaps and clustering to boost negotiating leverage, while electoral shifts each cycle create regulatory uncertainty that complicates multi-year planning.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Political-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSpectrum policy and ATSC 3.0 advocacy\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eFederal spectrum reallocations like the 2017 incentive auction that raised $19.8 billion and the 2021 C-band sale ($80.9 billion) reshape broadcast capacity and datacasting prospects for Sinclair. FCC’s 2020 OK for voluntary ATSC 3.0 deployment speeds potential new revenue streams from targeted ads and data services. Mobile carrier claims on mid-band spectrum constrain available bandwidth, making Sinclair’s policy engagement crucial to secure transition timelines and protections.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Political-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Political-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003ePolitical advertising cycles\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eElection years drive sharp spikes in local ad demand and pricing, materially shifting Sinclair’s revenue mix as national 2024 political ad spend topped over $10 billion across media, amplifying station-level CPMs. Changes in campaign finance rules or transparency requirements could reroute this spend and affect timing. Issue advertising can partially substitute in off-years but carries higher compliance and disclosure burdens. Sinclair’s footprint—reaching roughly 40% of US TV households—magnifies exposure to federal, state, and local race intensity.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Political-Box-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003ePublic media policy and localism mandates\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003ePublic media policy stressing localism, EAS reliability, and community service supports Sinclair’s core local-news model; Sinclair owns or operates 191 TV stations in 89 markets and reported roughly $3.9B revenue in 2024, giving scale to meet mandates. Funding tied to local journalism can offset costs, but higher compliance and emergency-performance expectations increase operational workload and influence regulatory goodwill.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003elocalism emphasis: boosts relevance\u003c\/li\u003e\n\u003cli\u003eEAS\/emergency performance: affects political goodwill\u003c\/li\u003e\n\u003cli\u003efunding incentives: can offset local news costs\u003c\/li\u003e\n\u003cli\u003ehigher compliance: raises expenses and staffing needs\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Political-Box-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eTrade, geopolitics, and supply chain\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eTariffs and export controls raise equipment costs for broadcast gear, semiconductors, and transmission components, increasing Sinclair’s upgrade and maintenance outlays and compressing margins. Geopolitical tensions lengthen lead times for transmitters and chips, delaying station upgrades and contingency rollouts. Strengthened foreign investment reviews and financing scrutiny can complicate joint ventures and cross-border capital sourcing; procurement must hedge politically driven supply shocks through diversified suppliers, inventory buffers, and contract clauses.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eTariffs raise input costs\u003c\/li\u003e\n\u003cli\u003eGeopolitics delay deliveries\u003c\/li\u003e\n\u003cli\u003eInvestment reviews tighten deals\u003c\/li\u003e\n\u003cli\u003eProcurement must diversify and hedge\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Political-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eFCC \u003cstrong\u003e39%\u003c\/strong\u003e cap and merger scrutiny constrain broadcaster reaching \u003cstrong\u003e~40%\u003c\/strong\u003e of US households\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eFCC leadership, the 39% national TV cap, and heightened merger scrutiny constrain Sinclair’s scale and JSAs as it operates 191 stations in 89 markets and reaches ~40% of US TV households. 2024 revenue was about $3.9B and national political ad spend exceeded $10B, amplifying election-year volatility. Spectrum reallocations and tariffs raise upgrade costs and timeline risks, making policy engagement and supply hedges critical.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eValue\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eStations \/ Markets\u003c\/td\u003e\n\u003ctd\u003e191 \/ 89\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003e2024 Revenue\u003c\/td\u003e\n\u003ctd\u003e$3.9B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eHousehold Reach\u003c\/td\u003e\n\u003ctd\u003e~40%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003e2024 Political Ad Spend\u003c\/td\u003e\n\u003ctd\u003e\u0026gt;$10B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eFCC National Cap\u003c\/td\u003e\n\u003ctd\u003e39%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-includes\"\u003e\n\u003ch2\u003eWhat is included in the product\u003c\/h2\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Word-Icon.svg\" alt=\"Word Icon\"\u003e\n\u003cstrong\u003eDetailed Word Document\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eExplores how macro-environmental factors uniquely affect Sinclair Broadcast Group across Political, Economic, Social, Technological, Environmental, and Legal dimensions, with data-driven examples and trend analysis; designed to help executives, investors, and strategists identify risks, opportunities, and scenario-driven responses tailored to the US broadcast industry.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"plus-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Plus-Icon.svg\" alt=\"Plus Icon\"\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Excel-Icon.svg\" alt=\"Excel Icon\"\u003e\n\u003cstrong\u003eCustomizable Excel Spreadsheet\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eA concise, visually segmented PESTLE summary of Sinclair Broadcast Group that streamlines boardroom and investor discussions by highlighting external risks and market positioning at a glance. Editable notes and a shareable format make it ideal for slide decks, client reports, and rapid cross-team alignment.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eE\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003economic factors\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Economic-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAdvertising cyclicality and macro sensitivity\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eLocal ad demand for Sinclair closely tracks GDP, consumer confidence and employment, with auto, retail and services driving the largest share of spot buys; local TV ad cycles historically mirror macro swings. Recessions compress pricing and fill rates while recoveries expand spot margins; political ad and retransmission revenue (political spikes of roughly $8–10B industrywide in presidential years) mitigate but do not eliminate cyclicality. Pricing power depends on ratings, inventory management and sales execution.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Economic-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRetransmission consent and affiliate fee dynamics\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eRetransmission consent and affiliate fees are critical to Sinclair’s station cash flow, while US MVPD\/ vMVPD subscriptions have fallen roughly 25% since 2015, intensifying cord‑cutting pressure on fee growth. Periodic carriage disputes create blackout risk and short‑term revenue volatility for ad and retrans receipts. Network reverse‑comp and revenue‑share terms, plus Sinclair’s market share, portfolio breadth and must‑have sports\/news inventory, determine negotiation leverage.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Economic-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Economic-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCost structure and leverage\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eHigh fixed costs in transmission, newsrooms and programming rights create strong operating leverage for Sinclair, making margins sensitive to revenue swings during the 2024 election and sports cycles; political ad spikes in 2024 materially boosted revenue timing. Rising U.S. interest rates (federal funds near 5.25–5.50% in 2024) increase debt service and refinancing pressure. Efficiency moves—centralized operations and automation—aim to stabilize margins and reduce working capital volatility tied to seasonal sports and political cash flows.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Economic-Box-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAudience fragmentation and monetization\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eStreaming competition has diluted linear ratings and shifted ad budgets toward digital, with CTV\/streaming ad spend growing roughly 20% year-over-year into 2024 and capturing a rising share of local ad dollars.\u003c\/p\u003e\n\u003cp\u003eSinclair can recapture spend via cross-platform ad products and programmatic sales while FAST channels and OTT apps create incremental inventory but demand tech and marketing investment.\u003c\/p\u003e\n\u003cp\u003eData-driven targeting improves yield when privacy and measurement align; unified IDs and enhanced measurement pilots in 2024 showed higher CPMs for addressable buys.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eStreaming share up ~20% YOY (2024)\u003c\/li\u003e\n\u003cli\u003eFAST\/OTT = incremental inventory but requires capex and marketing\u003c\/li\u003e\n\u003cli\u003eProgrammatic\/cross-platform can recapture local spend\u003c\/li\u003e\n\u003cli\u003eAddressable targeting raises CPMs if privacy\/measurement standards converge\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Economic-Box-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSports rights economics\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eSports drives premium ad rates and affiliate leverage for Sinclair but brings rising rights and production costs that pressure margins; volatility in regional sports economics can materially swing profitability and cash flow. Direct-to-consumer and streaming sublicenses offer diversification, while contract terms and market exclusivity determine returns.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003ePremium ad pricing vs rising rights\/production costs\u003c\/li\u003e\n\u003cli\u003eRegional economics volatility → profit\/cash flow risk\u003c\/li\u003e\n\u003cli\u003eDTC\/streaming sublicenses diversify revenue\u003c\/li\u003e\n\u003cli\u003eContract structure \u0026amp; exclusivity shape returns\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Economic-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eFCC \u003cstrong\u003e39%\u003c\/strong\u003e cap and merger scrutiny constrain broadcaster reaching \u003cstrong\u003e~40%\u003c\/strong\u003e of US households\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eLocal ad demand tracks GDP and employment; recessions compress pricing while 2024 political spikes (industrywide $8–10B) and sports temporarily boost revenue. Retransmission fees and affiliate payments remain critical amid ~25% MVPD subscriber decline since 2015 and cord‑cutting; federal funds ~5.25–5.50% in 2024 raises debt costs. Streaming ad share +~20% YoY (2024); FAST\/OTT add inventory but need capex; addressable buys lift CPMs when measurement aligns.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003e2024\/Trend\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003ePolitical ad (pres year)\u003c\/td\u003e\n\u003ctd\u003e$8–10B industry\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eMVPD subs change since 2015\u003c\/td\u003e\n\u003ctd\u003e−~25%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eStreaming ad spend YoY\u003c\/td\u003e\n\u003ctd\u003e+~20%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eFed funds rate\u003c\/td\u003e\n\u003ctd\u003e5.25–5.50%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003ch2\u003e\n\u003cspan style=\"color: #3BB77E;\"\u003eFull Version Awaits\u003c\/span\u003e\u003cbr\u003eSinclair Broadcast Group PESTLE Analysis\u003c\/h2\u003e\n\u003cp\u003eThe preview shown here is the exact Sinclair Broadcast Group PESTLE Analysis you’ll receive after purchase—fully formatted, professionally structured, and ready to use. No placeholders or teasers; the content and layout are identical to the downloadable file. Immediately after payment you’ll get this same final document.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Explore-Preview.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e","brand":"PortersFiveForce","offers":[{"title":"Default Title","offer_id":56162441724281,"sku":"sbgi-pestle-analysis","price":10.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0914\/5276\/8633\/files\/sbgi-pestle-analysis.png?v=1762700920","url":"https:\/\/portersfiveforce.com\/products\/sbgi-pestle-analysis","provider":"Porter's Five Forces","version":"1.0","type":"link"}