LIN TV and Charter Sign Carriage Agreement
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LIN TV Corp. (NYSE: TVL), a local television and digital media company,
and Charter Communications, Inc. (NASDAQ:CHTR), announced today that the
two companies have reached an agreement for the retransmission of LIN TV’s
broadcast television stations’ analog and
digital signals.
Thirteen LIN TV-owned and/or operated local stations are currently
carried by Charter in the following markets: Grand Rapids; Green Bay;
Hartford-New Haven; Norfolk; Springfield (Mass); Dayton; Providence and
Toledo.
"We are extremely pleased to have reached a
fair market agreement with Charter,” said LIN
TV’s Executive Vice President Digital Media
Gregory M. Schmidt, "and we look forward to
broadening and deepening this relationship as we move together into the
digital future.” "We are pleased to have signed this agreement
with LIN TV for the benefit of our customers. In addition, we look
forward to expanding our high definition programming with LIN TV
stations in many of these communities,” said
Ted Schremp, Executive Vice President and Chief Marketing Officer for
Charter.
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.
About Charter Communications®
Charter Communications, Inc. is a leading broadband communications
company and the third-largest publicly traded cable operator in the
United States. Charter provides a full range of advanced broadband
services, including advanced Charter Digital(R) video entertainment
programming, Charter High-Speed(TM) Internet access service, and Charter
Telephone(TM) services. Charter Business(TM) similarly provides
scalable, tailored and cost-effective broadband communications solutions
to business organizations, such as business-to-business Internet access,
data networking, video and music entertainment services and business
telephone. Charter's advertising sales and production services are sold
under the Charter Media(R) brand. More information about Charter can be
found at www.charter.com.
