Wall Street Journal
Cable operator Mediacom Communications Corp. and Sinclair Broadcasting Group Inc. signed a new 12-month agreement covering retransmission rights for TV programming, a day before an extension between the companies was set to expire.
About 700,000 Mediacom subscribers in Iowa and elsewhere in the Midwest were at risk of losing Sinclair programming if an agreement couldn’t be reached. Among the stations are Fox and CBS affiliates in Cedar Rapids and a Fox affiliate in Des Moines.
Sinclair Broadcasting Group wanted Mediacom to pay more to carry its stations. Details of the agreement were not released.
Mediacom said the agreement covered retransmission rights for 22 television stations carried in its cable systems. Terms of the agreement weren’t disclosed. More…