LIN TV and DirecTV have signed a retransmission agreement for the carriage of 25 LIN TV stations in 15 markets such as Albuquerque, N.M.; Grand Rapids, Mich.; Indianapolis, Ind.; and Norfolk, Va. The agreement, announced Monday (June 9), covers both the analog and high-definition signals.
Terms of the deal were not disclosed, but Vincent Sadusky, president and CEO for LIN, said the company was “pleased with the outcome” and represents “fair value to both parties.”
So far, LIN TV’s retransmission negotiations have paid off, increasing retransmission consent fees by 119 percent in first quarter. Holding out for “fair value,” LIN TV last week said its negotiations with Charter Communications had stalled.
DirecTV touted the deal as part of its strategy to continue to add more HD channels. “With this agreement, DirecTV will continue to enhance its industry leading HD offer, enabling us to add more HD channels in existing DirecTV HD local markets and set the stage for roll out of more HD local channels this fall,” said Dan Hartman, senior vp of programming for DirecTV.