Sinclair Broadcast (SBGI) Announces DISH Network (DISH) Termination Date
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Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), reports that its retransmission consent agreement with Dish Network (Nasdaq: DISH), pursuant to which Dish carries 70 stations Sinclair owns or provides services to, is scheduled to terminate at midnight on Wednesday, August 15, 2012.
Although Sinclair is continuing to negotiate with Dish over the terms of a new agreement, Sinclair believes significant doubt exists as to whether or not a new agreement will be reached with Dish. In this event, Dish will discontinue carriage of these stations beginning at 12:01 a.m. on Thursday, August 16, 2012.
Although Sinclair is continuing to negotiate with Dish over the terms of a new agreement, Sinclair believes significant doubt exists as to whether or not a new agreement will be reached with Dish. In this event, Dish will discontinue carriage of these stations beginning at 12:01 a.m. on Thursday, August 16, 2012.
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