Sinclair Broadcast (NASDAQ:SBGI)
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2 Months : From Sep 2019 to Nov 2019
By Michael Dabaie
Sinclair Broadcast Group Inc. (SBGI) said it and AT&T Inc. (T) reached a multi-year agreement across DIRECTV, AT&T TV and U-verse.
The agreement is for continued carriage of Sinclair's owned local broadcast stations and Tennis Channel, for future carriage of Marquee Sports Network, a regional sports network featuring games of the Chicago Cubs launching in 2020. It also includes the 21 RSN brands Sinclair recently acquired and the YES Network, in which Sinclair is a joint-venture partner.
Sinclair shares were up 1.5%, to $42.01.
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(END) Dow Jones Newswires
October 17, 2019 11:06 ET (15:06 GMT)
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