Sinclair and FOX Reach Agreement to Renew All FOX Affiliations Nationwide

Rhea-AI Summary

Sinclair, Inc. (Nasdaq: SBGI) and FOX Corporation have renewed their broadcast divisions' agreement for a multi-year renewal of all FOX affiliations in Sinclair markets. The 41 renewed markets serve approximately 19 million TV households. The agreement includes the early renewal of 17 markets and ensures the continuation of premier sports and entertainment programming, such as the NFL, Baseball Night in America, the World Series, and college football and basketball, paired with best-in-class local news and syndicated programming.

BALTIMORE--(BUSINESS WIRE)-- Sinclair, Inc. (Nasdaq: SBGI) (“Sinclair”) and FOX Corporation (Nasdaq: FOXA, FOX) today announced that their broadcast divisions have reached an agreement for a multi-year renewal of all FOX affiliations in Sinclair markets. Sinclair partners also renewed FOX affiliations in markets where Sinclair provides sales and other services under a joint sales agreement or master service agreement. The 41 renewed markets serve approximately 19 million TV households.

Will Bell, Sinclair’s Senior Vice President, Head of Distribution and Network Relations commented, “We are pleased to reach this comprehensive renewal with FOX, inclusive of the early renewal of 17 markets. Premiere sports, such as the NFL, including the Super Bowl in February of 2025, Baseball Night in America, the World Series and college football and basketball, have never been more important, and we are pleased to be able to continue to pair FOX’s premiere sports and entertainment programming, which remain exclusive to broadcast, with our best-in-class local news and syndicated programming for years to come.”

“We are pleased to extend our partnership with Sinclair, and we are delighted these stations will continue to be the top destination in these 41 markets for our shared viewers to access all of FOX's leading Entertainment and Sports content,” said David Espinosa, President of Distribution for FOX Corporation.

About Sinclair, Inc.

Sinclair, Inc. (Nasdaq: SBGI) is a diversified media company and a leading provider of local sports and news. The Company owns and/or operates 21 regional sports network brands; owns, operates and/or provides services to 185 television stations in 86 markets, owns multiple national networks including Tennis Channel and Stadium; and has TV stations affiliated with all the major broadcast networks. Sinclair’s content is delivered via multiple platforms, including over-the-air, multi-channel video program distributors, and digital and streaming platforms NewsOn and STIRR. The Company regularly uses its website as a key source of Company information which can be accessed at www.sbgi.net.

Category: General

View source version on businesswire.com: https://www.businesswire.com/news/home/20240117480748/en/

Media

Jessica Bellucci jbellucci-c@sbgtv.com

Investor Relations

Chris King, VP, Investor Relations

Billie-Jo McIntire, AVP, Investor Relations

IR@sbgtv.com

Source: Sinclair, Inc.

FAQ

What is the ticker symbol for Sinclair, Inc.?

The ticker symbol for Sinclair, Inc. is SBGI.

How many TV households do the 41 renewed markets serve?

The 41 renewed markets serve approximately 19 million TV households.

What sports and entertainment programming is included in the agreement?

The agreement includes premier sports such as the NFL, Baseball Night in America, the World Series, and college football and basketball, paired with best-in-class local news and syndicated programming.

Who is the President of Distribution for FOX Corporation?

David Espinosa is the President of Distribution for FOX Corporation.