Current Report Filing (8-k)
August 28 2014 - 5:02PM
Edgar (US Regulatory)
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
August 28, 2014
Date of Report
(Date of earliest event reported)
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LIN Media LLC
(Exact name of registrant as specified in its governing document)
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Delaware
(State or other jurisdiction of incorporation or organization) | 001-36032
(Commission File Number) | 90-0935925
(I.R.S. Employer Identification No.) |
LIN Television Corporation
(Exact name of registrant as specified in its governing document)
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Delaware (State or other jurisdiction of incorporation or organization) | | 000-25206 (Commission File Number) | | 13-3581627 |
| | (I.R.S. Employer Identification No.) |
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701 Brazos Street, Suite 800 Austin, Texas 78701
(Address of principal executive offices and zip code) |
(512) 774-6110
(Registrant’s telephone number, including area code)
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):
□ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
□ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
□ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
□ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01. Other Events.
On August 28, 2014, LIN Media LLC issued a press release announcing comprehensive, long-term agreements that renew existing station affiliation agreements with CBS Affiliate Relations, A Unit of CBS Corporation ("CBS") in 10 markets nationwide. The renewal term will commence on January 1, 2015 and terminate on August 31, 2019 for KRQE-TV, KBIM-TV and KREZ-TV in Albuquerque, New Mexico; WIAT-TV in Birmingham, Alabama; WIVB-TV in Buffalo, New York; WANE-TV in Fort Wayne, Indiana; WPRI-TV in Providence, Rhode Island and WTHI-TV in Terre Haute, Indiana. The renewal term will commence on July 1, 2015 and expire on August 31, 2019 for KIMT-TV in Mason City, Iowa. The renewal term will commence on September 19, 2016 and expire on December 31, 2021 for KOIN-TV in Portland, Oregon. The renewal term will commence on February 1, 2017 and expire on December 31, 2021 for WKBN-TV in Youngstown, Ohio. The renewal term will commence on January 1, 2018 and expire on December 31, 2021 for WLFI-TV in Lafayette, Indiana.
A copy of the press release announcing the affiliation renewals with CBS is attached hereto as Exhibit 99.1 to this Form 8-K.
Item 9.01. Financial Statements and Exhibits.
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Exhibit Number | | Description |
99.1 | | Press release issued by LIN Media LLC regarding affiliation renewals with CBS on August 28, 2014 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| LIN Media LLC |
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Date: August 28, 2014 | By: | /s/ Nicholas N. Mohamed |
| Name: | Nicholas N. Mohamed |
| Title: | Vice President Controller |
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| LIN Television Corporation |
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Date: August 28, 2014 | By: | /s/ Nicholas N. Mohamed |
| Name: | Nicholas N. Mohamed |
| Title: | Vice President Controller |
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Exhibit Index |
Exhibit Number | | Description |
99.1 | | Press release issued by LIN Media LLC regarding affiliation renewals with CBS on August 28, 2014 |
Exhibit 99.1
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| | Contact: Courtney Guertin
Corporate Communications
401-457-9501
courtney.guertin@linmedia.com
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LIN Media and CBS Corporation Renew Network Affiliation Agreements in 10 Markets
AUSTIN, TX, August 28, 2014 - LIN Media LLC (“LIN Media”; NYSE:LIN), a local multimedia company, today announced that its subsidiaries signed comprehensive, long-term agreements that renew its CBS network affiliations in 10 markets nationwide.
The agreements include renewals for LIN Media’s CBS affiliates, including: WIAT-TV in Birmingham, AL; WIVB-TV in Buffalo, NY; KRQE-TV, KBIM-TV and KREZ-TV in Albuquerque, NM; WPRI-TV in Providence, RI; WANE-TV in Fort Wayne, IN; WTHI-TV in Terre Haute, IN; KIMT-TV in Mason City, IA; KOIN-TV in Portland, OR; WKBN-TV in Youngstown, OH and WLFI-TV in Lafayette, IN.
"We are pleased to have reached long-term agreements with CBS,” said Vincent L. Sadusky, President and Chief Executive Officer of LIN Media. “Our stations are important assets to our local communities and these new agreements ensure that LIN Media and CBS will continue to serve local viewers with high-quality network programming.”
About LIN Media
LIN Media is a local multimedia company that operates or services 43 television stations and seven digital channels in 23 U.S. markets, and a diverse portfolio of websites, apps and mobile products that make it more convenient to access its unique and relevant content on multiple screens.
LIN Media’s highly-rated television stations deliver important local news and community stories along with top-rated sports and entertainment programming to 10.5% of U.S. television homes. The Company’s digital media operations focus on emerging media and interactive technologies that deliver performance-driven digital marketing solutions to some of the nation’s most respected agencies and brands. LIN Media LLC trades on the NYSE under the symbol “LIN”. The Company regularly uses its website as a key source of Company information and can be accessed at www.linmedia.com.
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