Sinclair Broadcast Group and Chicago Cubs Announce Joint Venture, Will Launch Marquee Sports Network
Contact: Robert Ford
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Julian Green
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SINCLAIR BROADCAST GROUP AND CHICAGO CUBS ANNOUNCE JOINT VENTURE, WILL LAUNCH MARQUEE SPORTS NETWORK
New Regional Sports Network Will Be Exclusive Television Home of the Cubs
BALTIMORE and CHICAGO (February 13, 2019) — Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) (the “Company” or “Sinclair”) and the Chicago Cubs (“the Cubs”) today announced the formation of a joint venture that will own and operate Marquee Sports Network (“Marquee”), a regional sports network (“RSN”) based in Chicago, Illinois. Marquee will be the Chicago-region’s exclusive network for fans to view live Cubs games beginning with the 2020 Major League Baseball season and will also feature exclusive Cubs content and other local sports programming. In addition to the execution of the joint venture agreement, the Cubs simultaneously entered into a long-term rights agreement with Marquee.
Read more…Chicago Cubs RSN press release (SBG RELEASE)
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