Sinclair Secures Renewal of FOX Station Affiliations
Sinclair Secures Renewal of FOX Station Affiliations
BALTIMORE, May 2 /PRNewswire-FirstCall/ -- Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) announced today that it (and Cunningham Broadcasting Corporation with respect to certain stations which Sinclair programs under LMA agreements) have agreed to renew the affiliation agreements with the FOX Broadcasting Company for all 19 of its FOX stations. The agreements have a six-year term that run through March 31, 2012.
"We are excited to continue our long-term relationship with FOX and protect our stations' competitive market positions," commented David Smith, President and Chief Executive Officer of Sinclair. "It was important for us to maintain our alliance with FOX. They now have some of the top programs on network television. Their program popularity, coupled with their aggressive approach towards broadband integration and news coverage, may allow our FOX stations to continue growing in viewing and advertising shares.
"Equally important for us was to be affiliated with a network that is not providing an entire day's programming line-up, which allows us to broadcast more locally produced content such as news programming. We believe that the demand for local content will drive the value of our digital television investment and Internet strategies."
Sinclair Broadcast Group, Inc., one of the largest and most diversified television broadcasting companies, owns and operates, programs or provides sales services to 58 television stations in 36 markets. Sinclair's television group is affiliated with all major networks and reaches approximately 22% of all U.S. television households. For more information, please visit Sinclair's website at http://www.sbgi.net/.
Source: Sinclair Broadcast Group, Inc.
CONTACT: David Amy, EVP & CFO, or Lucy Rutishauser, Treasurer, both of
Sinclair Broadcast Group, Inc., +1-410-568-1500
Web site: http://www.sbgi.net/
Company News On-Call: http://www.prnewswire.com/comp/110203.html
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