LIN TV and Charter Sign Carriage Agreement
July 01 2008 - 5:38PM
Business Wire
LIN TV Corp. (NYSE: TVL), a local television and digital media
company, and Charter Communications, Inc. (NASDAQ:CHTR), announced
today that the two companies have reached an agreement for the
retransmission of LIN TV�s broadcast television stations� analog
and digital signals. Thirteen LIN TV-owned and/or operated local
stations are currently carried by Charter in the following markets:
Grand Rapids; Green Bay; Hartford-New Haven; Norfolk; Springfield
(Mass); Dayton; Providence and Toledo. �We are extremely pleased to
have reached a fair market agreement with Charter,� said LIN TV�s
Executive Vice President Digital Media Gregory M. Schmidt, �and we
look forward to broadening and deepening this relationship as we
move together into the digital future.� �We are pleased to have
signed this agreement with LIN TV for the benefit of our customers.
In addition, we look forward to expanding our high definition
programming with LIN TV stations in many of these communities,�
said Ted Schremp, Executive Vice President and Chief Marketing
Officer for Charter. About LIN TV LIN TV Corp., along with its
subsidiaries, is a local television and digital media company,
owning and/or operating�29 television stations in 17 U.S. markets,
all of which are affiliated with a national broadcast network. LIN
TV�s highly-rated stations deliver important local news and
community stories, along with top-rated sports and entertainment
programming, to 9% of U.S. television homes, reaching an average of
10 million households per week. LIN TV is also a leader in the
convergence of local broadcast television and the Internet through
its television station web sites and a growing number of local
online innovations that reach 15% of U.S. broadband households. LIN
TV is traded on the New York Stock Exchange under the symbol �TVL�.
Financial information about the company is available at
www.lintv.com. About Charter Communications� Charter
Communications, Inc. is a leading broadband communications company
and the third-largest publicly traded cable operator in the United
States. Charter provides a full range of advanced broadband
services, including advanced Charter Digital(R) video entertainment
programming, Charter High-Speed(TM) Internet access service, and
Charter Telephone(TM) services. Charter Business(TM) similarly
provides scalable, tailored and cost-effective broadband
communications solutions to business organizations, such as
business-to-business Internet access, data networking, video and
music entertainment services and business telephone. Charter's
advertising sales and production services are sold under the
Charter Media(R) brand. More information about Charter can be found
at www.charter.com.
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