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Sinclair Announces Renewals of NBC and FOX Affiliation Agreements
Rhea-AI Impact
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Rhea-AI Sentiment
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Rhea-AI Summary
Sinclair Broadcast Group (Nasdaq: SBGI) has renewed multi-year affiliations with NBC and Fox across 20 markets, covering approximately 11 million households. Notable NBC affiliate renewals include markets such as San Antonio and Las Vegas, while Fox affiliates include Bakersfield and Omaha. Sinclair partners also renewed agreements in additional markets through joint sales agreements. Sinclair's Vice President, Will Bell, expressed satisfaction with the agreements, highlighting the importance of these affiliations in the evolving media landscape.
Positive
Renewed NBC and Fox affiliations across 20 markets, covering 11 million households.
Continued partnerships with major networks strengthen Sinclair's content offerings.
Negative
None.
BALTIMORE--(BUSINESS WIRE)--
Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) (“Sinclair”) today announced that Sinclair has entered into multi-year renewals of the NBC affiliations and Fox affiliations in a total of 20 Sinclair markets. Agreements with NBC include affiliates in San Antonio, TX; Las Vegas, NV; Providence-New Bedford, RI; Toledo, OH; Syracuse, NY; Tri-Cities, TN-VA; Johnstown-Altoona-State College, PA; Tallahassee, FL-Thomasville, GA; Traverse City-Cadillac, MI; Missoula, MT; Wheeling-Steubenville, OH; and Butte-Bozeman, MT. Agreements with Fox include affiliates in Bakersfield, CA; Chattanooga, TN; Corpus Christi, TX; Fresno/Visalia, CA; Lincoln, NE; Macon, GA; Omaha, NE; Sioux City, IA; Tallahassee, FL; and Wheeling, WV/ Steubenville, OH.
The NBC affiliations were also renewed by Sinclair partners in four markets that Sinclair provides sales and other services to under a joint sales agreement or master service agreement: Cunningham Broadcasting Group, the licensee of KRNV, a station in Reno, NV; Deerfield Media, the licensee of WPMI in Mobile-Pensacola; Howard Stirk Holdings, the licensee of WEYI in Flint-Saginaw-Bay City, MI; and Roberts Media, the licensee of KMTR, KMCB and KTCW in Eugene, OR.
The Fox affiliations were also renewed by Sinclair partners in seven markets that Sinclair provides sales and other services to under a joint sales agreement or master service agreement: Cunningham Broadcasting Group, the licensee of KCVU, a station in Chico-Redding, CA, KBVU in Eureka, CA, WYDO in Greenville-New Bern-Washington, NC, WPFO in Portland, ME and WEMT in Tri-Cities, TN-VA; New Age Media, the licensee of WOLF in Wilkes-Barre-Scranton, PA; and GoCom Media of Illinois, the licensee of WRSP in Champaign & Springfield-Decatur, IL.
The 30 renewed markets serve approximately 11 million households.
Will Bell, Sinclair’s Vice President, Head of Distribution and Network Relations commented, “We are pleased to renew our agreements with NBC and Fox on terms that are fair to all parties in this evolving media landscape. We look forward to continuing to work with both NBC and Fox in providing the popular news, sports, and other entertainment programming that viewers highly value.”
“We’re happy to renew our affiliation with Sinclair Broadcast Group to bring NBC programming to key markets across the country,” said Philip Martzolf, the president of NBC Affiliate Relations. “We look forward to our continued collaboration with the Sinclair team.”
“We are pleased to extend our partnership with Sinclair, and we are delighted these stations will continue to be the top destination in these seventeen markets for our shared viewers to access all of FOX's leading Entertainment and Sports content,” said Mike Biard, President, Operations and Distribution for FOX Corporation.
About Sinclair Broadcast Group, Inc.
Sinclair Broadcast Group, 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.
