FOR IMMEDIATE RELEASE
SK Telecom and Sinclair Broadcast Group Sign Joint Venture Agreement
– Establish a joint venture company between Sinclair, one of the largest TV broadcasting companies in the U.S. and SK Telecom, the largest mobile operator in Korea
– Plan to jointly develop broadcasting solutions based on ATSC 3.0 in the U.S. market and globally
– JV to create new services such as personalized advertisement and in-vehicle terrestrial TV broadcasting
Seoul, South Korea and Baltimore, MD, January, 7, 2019 – SK Telecom (NYSE:SKM) and Sinclair Broadcast Group (Nasdaq: SBGI), one of the largest TV broadcasting companies in the U.S., announced today in Las Vegas that the companies signed a joint venture agreement to lead the next-generation broadcasting solutions market in the U.S. and globally. The two companies will jointly fund and manage a joint venture company within the first quarter of this year.
Read more…Press Release SK Telecom JV Agreement_final
SK Telecom and Sinclair Broadcast Group Sign Joint Venture Agreement
RECENT NEWS RELEASES
- October 29, 2020
- Sinclair Broadcast Group’s Lucy Rutishauser Named One of the Baltimore Sun’s 2020 Women to Watch
- October 23, 2020
- Sinclair Regional Sports Networks Dropped by Hulu
- October 22, 2020
- Major Broadcasters Launch NEXTGEN TV on Six Local Television Stations in Mobile-Pensacola
- October 20, 2020
- Sinclair Broadcast Group Names Veteran Sports News Executive David Morgan as Vice President of Digital Sports News
- October 19, 2020
- Sinclair Broadcast Group Executives to Participate on Virtual Panels at NAB’s 2020 Show New York
- October 16, 2020
- President Trump Joins Eric Bolling on “America This Week” for an Exclusive Town Hall with Voters
- October 15, 2020
- Sinclair Acquires Two Class A TV Stations in Washington, DC
- Missouri’s KRCG-TV Wins Coveted RTDNA National Edward R. Murrow Award for Outstanding Breaking News Coverage
- October 9, 2020
- Major Broadcasters Launch NEXTGEN TV on Five Local Television Stations in Oklahoma City, OK
- October 6, 2020
- Sinclair to Report Third Quarter 2020 Results on November 4, 2020 at 7:30a.m. (Eastern Time)