BALTIMORE, Jan. 7 /PRNewswire-FirstCall/ -- Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), the "Company" or "Sinclair," is pleased to announce that it has entered into a 1-year retransmission consent agreement with Mediacom Communications Corporation for the continued carriage of the signals of 22 television stations owned and/or operated by Sinclair in 15 markets to more than 600,000 unique Mediacom subscribers. Mediacom has also agreed to drop its FCC complaint against Sinclair arguing that Sinclair had not negotiated in good faith.
David Smith, President and Chief Executive Officer of Sinclair, commented, "We are very happy with the outcome of the negotiations which includes an acceptable economic arrangement. We are pleased that our viewers and Mediacom's customers will continue to receive the important and popular programming carried on our stations such as the local news, sports, and network shows as CSI, American Idol and 24."
Sinclair Broadcast Group, Inc., one of the largest and most diversified television broadcasting companies, owns and operates, programs or provides sales services to 58 television stations in 35 markets. Sinclair's television group reaches approximately 22% of U.S. television households and is affiliated with all major networks. Sinclair owns equity interests in various non-broadcast related companies.
The Company regularly uses its website as a key source of Company information and can be accessed at www.sbgi.net.
SOURCE Sinclair Broadcast Group, Inc.