FCC Again Denies Mediacom Request for Interim Carriage of Sinclair Stations
FCC Again Denies Mediacom Request for Interim Carriage of Sinclair Stations
BALTIMORE, Jan. 12 /PRNewswire-FirstCall/ -- Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) announced today that the Federal Communications Commission (FCC) today denied the most recent request by Mediacom Communications Corp. (NASDAQ:MCCC) for the interim carriage rights for twenty-two television stations owned and/or managed by Sinclair. The FCC noted that it had no authority to grant such relief in light of the finding by the FCC's Media Bureau that Sinclair did not violate the FCC's good faith bargaining rules in its negotiations with Mediacom. The FCC did grant Mediacom's request, which Sinclair did not oppose, to shorten the time period to January 19, 2007 by which Sinclair must respond to Mediacom's Application for Review of the Media Bureau's decision.
The impacted stations are:
Des Moines/Ames (KDSM-FOX), Cedar Rapids (KGAN-CBS), Mobile-Pensacola (WEAR-ABC/WFGX-MNT), Peoria/Bloomington (WYZZ-FOX), Greenville/Spartanburg/Asheville (WLOS-ABC/WMYA-MNT), Lexington (WDKY-FOX), Madison (WMSN-FOX), Nashville (WZTV-FOX/WUXP-MNT/WNAB-CW), Minneapolis (WUCW- CW), Paducah/Cape Girardeau (KBSI-FOX/WDKA-MNT), Springfield/Champaign/Decatur (WICS-ABC/WICD-ABC), St. Louis (KDNL-ABC), Tallahassee (WTWC-NBC), Birmingham (WTTO-CW/WABM-MNT), Norfolk (WTVZ-MNT) and Milwaukee (WCGV-MNT/WVTV-CW).
Sinclair Broadcast Group, Inc., one of the largest and most diversified television broadcasting companies, currently owns and operates, programs or provides sales services to 58 television stations in 36 markets. Sinclair's television group reaches approximately 22% of U.S. television households and is affiliated with all the major networks.
Forward-Looking Statements:
The matters discussed in this press release include forward-looking statements regarding, among other things, future operating results. When used in this press release, the words "outlook," "intends to," "believes," "anticipates," "expects," "achieves," and similar expressions are intended to identify forward-looking statements. Such statements are subject to a number of risks and uncertainties. Actual results in the future could differ materially and adversely from those described in the forward-looking statements as a result of various important factors, including and in addition to the assumptions identified above, the impact of changes in national and regional economies, successful integration of acquired television stations (including achievement of synergies and cost reductions), FCC approval of pending license transfers, successful execution of outsourcing agreements, pricing and demand fluctuations in local and national advertising, volatility in programming costs, the market acceptance of new programming and our news central strategy, our local sales initiatives, and the other risk factors set forth in the Company's most recent reports on Form 10-Q and Form 10-K, as filed with the Securities and Exchange Commission. There can be no assurances that the assumptions and other factors referred to in this release will occur. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements.
First Call Analyst: Lucy Rutishauser
FCMN Contact:
Source: Sinclair Broadcast Group, Inc.
CONTACT: Barry M. Faber, V.P. & General Counsel 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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