LIN TV's Negotiations with Suddenlink Unsuccessful
2007年12月31日 - 8:00PM
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LIN TV Corp. (NYSE: TVL), a local television and digital media
company, announced today that an agreement could not be reached
with cable provider Suddenlink Communications (�Suddenlink�). As a
result, Suddenlink discontinued carriage of LIN TV�s KXAN-TV (NBC)
in the Austin market and KBIM-TV (CBS) in the Albuquerque market
when the current contract expired on December 31, 2007. LIN TV has
successfully reached agreements with other subscription-based
television services, including cable operators, telephone companies
and satellite providers, all of whom have acknowledged the fair
market value of LIN TV�s stations. �Local broadcast stations are
among the most important channels cable operators provide,� said
LIN TV�s Executive Vice President Digital Media Gregory M.
Schmidt.� �Suddenlink charges its customers a fee for local
broadcast stations and our stations deserve a fair share of that,
so we can continue providing the premium news, sports,
entertainment, and other local programming that is most important
to our viewers.� About LIN TV LIN TV Corp., along with its
subsidiaries (�LIN TV� or �the Company�), is a local television and
digital media company, owning�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 superior local news
and community stories, along with top-rated sports and
entertainment programming, to 9% of U.S. television homes, reaching
an average of 11.5 million households per week. LIN TV is also a
leader in the convergence of local broadcast television and the
Internet through its 29 television station web sites and a growing
number of local web sites. 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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