Sinclair Broadcast Group Signs Major Contract Expansion With Rentrak
Sinclair Broadcast Group Signs Major Contract Expansion With Rentrak
--Sinclair Expands Use of Rentrak's TV Database Currency Measurement System to 12 Markets and 21 Stations--
PORTLAND, Ore., Feb. 1, 2011 /PRNewswire/ -- Rentrak Corporation (Nasdaq: RENT), the leader in multi-screen media measurement serving the television, advertising and entertainment industries, today announced an expanded multi-year StationView Essentials agreement with Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), one of the largest and most diversified television broadcasting companies in the country. Sinclair first began using Rentrak's StationView Essentials service in 2009 for measurement of seven stations in four markets. The new agreement expands Sinclair's 2011 commitment to 21 stations in 12 markets.
Sinclair Broadcast Group owns and operates 58 television stations in 35 markets and reaches approximately 22% of U.S. television households.
Steve Marks, Chief Operating Officer of Sinclair's television group said, "Rentrak's StationView Essentials database system collects precise viewing information from millions of televisions nationally based on digital boxes in each market. Rentrak is able to provide electronic measurement that is consistent, stable and granular, regardless of market size. Reliable electronic audience measurement in medium and smaller sized TV markets is important to Sinclair and Rentrak offers that using existing data resources."
"Sinclair's expanded commitment to Rentrak is clear and compelling confirmation that our clients recognize the value of Rentrak's services and the advantages our database currency provides both buyers and sellers of television. We look forward to a long and successful partnership between Sinclair and Rentrak," said Steven Walsh, Senior Vice President, Local Market Television Sales at Rentrak.
About Rentrak Corporation
Rentrak (NASDAQ: RENT) is a global digital media measurement and research company, serving the most recognizable companies in the entertainment industry. With a reach across numerous platforms including box office, multi-screen television, and home video, Rentrak has developed more efficient metrics to be used as alternative currencies for the evaluation and selling of media. Rentrak is headquartered in Portland, Oregon, with additional U.S. and international offices. For more information on Rentrak, please visit www.rentrak.com.
Contacts for Rentrak Corporation:
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Sallie Olmsted / Amanda Bialek
Office: 310-854-8124 / 310-854-8151
E-mail: solmsted@rogersandcowan.com /
abialek@rogersandcowan.com
SOURCE Rentrak Corporation
Rentrak Corporation
CONTACT: Sallie Olmsted, +1-310-854-8124, solmsted@rogersandcowan.com, or Amanda Bialek, +1-310-854-8151, abialek@rogersandcowan.com, both for Rentrak Corporation
Web Site: http://www.rentrak.com
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