Broadcasting & Cable
Sinclair Broadcast Group has come to terms with ABC for renewal agreements for Sinclair‘s nine ABC affiliates. The agreements are good through August 2015 and involve Sinclair paying a license fee to the network to help cover the cost of programming.
Sinclair and ABC had pushed back agreement deadlines several times as the two parties negotiated a new deal; the initial deadline was the end of 2009.
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“We believe the length of this new term continues to demonstrate the robust viability of the network/affiliate model,” said Sinclair President/CEO David Smith. More…