Sinclair, Inc.

SBGI

US8292421067

Broadcasting

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Sinclair Broadcast : Settles Outstanding Matters With The Federal Communications Commission

July 29, 2016 at 02:53 pm EDT

July 29, 2016

FOR IMMEDIATE RELEASE

SINCLAIR SETTLES OUTSTANDING MATTERS WITH THE FEDERAL COMMUNICATIONS COMMISSION

BALTIMORE, MD (July 29, 2016) - Sinclair Broadcast Group, Inc. today entered into a Consent Decree with the Federal Communications Commission resolving a number of previously disclosed matters that have been pending at the FCC, some for more than a decade, and several involving recently acquired stations. These matters related to certain content broadcast on Sinclair stations, technical issues relating to local marketing agreements, and the FCC's rule regarding joint retransmission consent negotiations.

The FCC has dismissed all pending claims against Sinclair in the Media Bureau and will now issue license renewals for 90 television stations. As part of the settlement, Sinclair agreed to make a payment of $9.495 million.

Read more…Consent Decree Press Release

SBG - Sinclair Broadcast Group Inc. published this content on 29 July 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 29 July 2016 18:53:04 UTC.

Original documenthttp://sbgi.net/pr-news/sinclair-settles-outstanding-matters-with-the-federal-communications-commission/

Public permalinkhttp://www.publicnow.com/view/597CF002CD766F041F7B5DB94F8C86ABE86564A8

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Company Profile

Sinclair, Inc. is a holding company of Sinclair Broadcast Group, LLC. The Company is a diversified media company and a provider of local news and sports. It operates through two segments: Local Media, and Tennis. Its Local Media segment is comprised of its television stations. It produces more than 2,400 hours of news per week at 115 stations in 73 markets. Its Tennis segment primarily consists of Tennis Channel, a cable network which includes coverage of many of tennis' top tournaments and original professional sports and tennis lifestyle shows. Its content is delivered via multiple platforms, including over-the-air, multi-channel video program distributors, and the streaming aggregator of local news content, NewsON. The Company provides services to 185 television stations in 86 markets affiliated with all the major broadcast networks; owns Tennis Channel and multicast networks Comet, CHARGE!, TBD., and The Nest; and owns and provides services to 21 regional sports network brands.

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Broadcasting

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2024-05-08 - Q1 2024 Earnings Release

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D+

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HOLD

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12.74 USD

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16.09 USD

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+26.28%

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Sinclair, Inc.

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SBGI

US8292421067

Broadcasting

Sinclair Broadcast : Settles Outstanding Matters With The Federal Communications Commission

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