Sinclair Broadcast Group, Inc. and CBS Announce Affiliation Agreement Renewals
Markets Renewed Serve Approximately 1.5 Million Television Households
BALTIMORE and NEW YORK – Sept. 11, 2017 – CBS Corporation (NYSE: CBS.A and CBS) and Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) today announced a multi-year deal that renews three station affiliation agreements that were set to expire at the end of 2018. Additionally, CBS also renewed an affiliation that was set to expire at the end of 2018 with a station that Sinclair provides sales and other services to under a joint sales agreement. The owned stations are KGAN in Cedar Rapids, Iowa, KGBT in Harlingen, Texas and WGME in Portland, Maine, and the station to which Sinclair provides services is WTVH in Syracuse, N.Y. The four agreements have been renewed to be co-terminus with the four CBS affiliations which were renewed earlier this year. The four renewed markets serve approximately 1.5 million households.
Read more…CBS SINCLAIRRENEWALS SEPT_FINAL
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