Sinclair Signs New Carriage Agreement With Charter

Sinclair Broadcast Group said it signed a new multi-year carriage agreement with Charter Communications.

The deal covers the company’s TV stations and its Tennis Channel on cable.

The new regional sports network being created by Sinclair and the Chicago Cubs will also be carried by Charter as part of the new agreement, as well as the Fox regional sports networks that Sinclair is in the process of buying from The Walt Disney Co.

Financial terms of the deal were not disclosed.

Sinclair also released preliminary financial figures for the second quarter that show its media revenues hitting $721 million, which it said was in line with its previously released outlook of between $716 million and $725 million.

The company will announce its second quarter earnings on Aug. 7.

Jon has been business editor of Broadcasting+Cable since 2010. He focuses on revenue-generating activities, including advertising and distribution, as well as executive intrigue and merger and acquisition activity. Just about any story is fair game, if a dollar sign can make its way into the article. Before B+C, Jon covered the industry for TVWeek, Cable World, Electronic Media, Advertising Age and The New York Post. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago.