BALTIMORE, Jan. 12 /PRNewswire-FirstCall/ -- Sinclair Broadcast Group,
Inc. (Nasdaq: SBGI) announced today that the Federal Communications
Commission (FCC) today denied the most recent request by Mediacom
Communications Corp. (Nasdaq: MCCC) for the interim carriage rights for
twenty-two television stations owned and/or managed by Sinclair. The FCC
noted that it had no authority to grant such relief in light of the finding
by the FCC's Media Bureau that Sinclair did not violate the FCC's good
faith bargaining rules in its negotiations with Mediacom. The FCC did grant
Mediacom's request, which Sinclair did not oppose, to shorten the time
period to January 19, 2007 by which Sinclair must respond to Mediacom's
Application for Review of the Media Bureau's decision.
The impacted stations are:
Des Moines/Ames (KDSM-FOX), Cedar Rapids (KGAN-CBS), Mobile-Pensacola
(WEAR-ABC/WFGX-MNT), Peoria/Bloomington (WYZZ-FOX),
Greenville/Spartanburg/Asheville (WLOS-ABC/WMYA-MNT), Lexington (WDKY-FOX),
Madison (WMSN-FOX), Nashville (WZTV-FOX/WUXP-MNT/WNAB-CW), Minneapolis
(WUCW- CW), Paducah/Cape Girardeau (KBSI-FOX/WDKA-MNT),
Springfield/Champaign/Decatur (WICS-ABC/WICD-ABC), St. Louis (KDNL-ABC),
Tallahassee (WTWC-NBC), Birmingham (WTTO-CW/WABM-MNT), Norfolk (WTVZ-MNT)
and Milwaukee (WCGV-MNT/WVTV-CW).
Sinclair Broadcast Group, Inc., one of the largest and most diversified
television broadcasting companies, currently owns and operates, programs or
provides sales services to 58 television stations in 36 markets. Sinclair's
television group reaches approximately 22% of U.S. television households
and is affiliated with all the major networks.
Forward-Looking Statements:
The matters discussed in this press release include forward-looking
statements regarding, among other things, future operating results. When
used in this press release, the words "outlook," "intends to," "believes,"
"anticipates," "expects," "achieves," and similar expressions are intended
to identify forward-looking statements. Such statements are subject to a
number of risks and uncertainties. Actual results in the future could
differ materially and adversely from those described in the forward-looking
statements as a result of various important factors, including and in
addition to the assumptions identified above, the impact of changes in
national and regional economies, successful integration of acquired
television stations (including achievement of synergies and cost
reductions), FCC approval of pending license transfers, successful
execution of outsourcing agreements, pricing and demand fluctuations in
local and national advertising, volatility in programming costs, the market
acceptance of new programming and our news central strategy, our local
sales initiatives, and the other risk factors set forth in the Company's
most recent reports on Form 10-Q and Form 10-K, as filed with the
Securities and Exchange Commission. There can be no assurances that the
assumptions and other factors referred to in this release will occur. The
Company undertakes no obligation to publicly release the result of any
revisions to these forward-looking statements.
SOURCE Sinclair Broadcast Group, Inc.
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Related links:
http://www.sbgi.net
http://www.prnewswire.com/comp/110203.html /
CONTACT:
Barry M. Faber, V.P. & General Counsel of
Sinclair Broadcast Group, Inc., +1-410-568-1500
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