Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), announced that the affiliation agreements with the ABC Network for nine stations it owns and/or operates have been extended until February 28, 2010 while the two sides continue to negotiate. The network affiliation agreements were due to expire on December 31, 2009 and, as Sinclair had previously announced, had been extended by one-month.
Sinclair Broadcast Group, Inc., one of the largest and most diversified television broadcasting companies, owns and operates, programs or provides sales services to 58 television stations in 35 markets. Sinclair's television group reaches approximately 22% of U.S. television households and is affiliated with all major networks. Sinclair owns equity interests in various non-broadcast related companies.
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