Sinclair Broadcast Reaches Carriage Agreement With AT&T

Date : 10/17/2019 @ 3:21PM
Source : Dow Jones News
Stock : AT&T (T)
Quote : 39.5  0.55 (1.41%) @ 1:00AM
After Hours
Last Trade
Last $ 39.45 ▼ -0.05 (-0.13%)

Sinclair Broadcast Reaches Carriage Agreement With AT&T

Sinclair Broadcast (NASDAQ:SBGI)
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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.

 

Write to Michael Dabaie at michael.dabaie@wsj.com

 

(END) Dow Jones Newswires

October 17, 2019 11:06 ET (15:06 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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