Updated: Wednesday, 29 Oct 2008, 6:08 PM EDT
Published : Wednesday, 29 Oct 2008, 5:41 PM EDT
PROVIDENCE, Rhode Island (WDTN) - LIN TV Corp. (NYSE: TVL), a local television and digital
media company, announced today that it has reached an agreement
with Time Warner Cable ("Time Warner") for the retransmission of
its broadcast television stations' analog and digital signals.
Seventeen LIN TV-owned local stations will be carried by Time
Warner, or its affiliate Bright House Network, in the following
markets: Austin; Buffalo; Columbus; Dayton; Ft. Wayne; Green
Bay;Indianapolis; Mobile; Norfolk; Springfield (Mass); Terre Haute
and Toledo.
"We are pleased to have reached a fair market agreement with
Time Warner Cable," said LIN TV's President and Chief Executive
Officer Vincent L. Sadusky. "This agreement, which represents a
mutually acceptable economic agreement between the parties, is
further indication of the value of our television stations. We
thank our viewers and our advertisers for their tremendous support
throughout these negotiations."
About LIN TV
LIN TV Corp., along with its subsidiaries, is a local
television and digital media company, owning and/or operating 29
television stations in 17 U.S. markets, all of which are affiliated
with a national broadcast network.
LIN TV's highly-rated stations deliver important local news
and community stories, along with top-rated sports and
entertainment programming, to 9% of U.S. television homes, reaching
an average of 10 million households per week.
LIN TV is also a leader in the convergence of local broadcast
television and the Internet through its television station web
sites and a growing number of local online innovations that reach
15% of U.S. broadband households.
LIN TV is traded on the New York Stock Exchange under the
symbol "TVL". Financial information about the company is available
at
www.lintv.com.
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