Time Warner Cable, Sinclair finally reach deal

The long-running national nightmare between Time Warner Cable (NYSE: TWC-WI) and Sinclair Broadcast Group is over; the two have signed a multi-year retransmission deal covering 28 TV stations seen by 4 million Time Warner subscribers in 12 states. This solves the cable problem for Sinclair-for now-since the broadcaster also recently worked out a deal with Bright House Networks.

Besides money, which is at the root of all of these disputes, Time Warner has agreed to produce three half-hour weekday local news programs for Sinclair's WXLF-TV ABC affiliate in Greensboro/Winston-Salem, N.C. starting next January.

For more:
- Forbes.com has this story

Related articles:
Time Warner Cable, Sinclair Broadcast Group extend talks by two weeks
Retrans resolutions: Time Warner Cable-Sinclair hammer out tentative deal, Dish-Griffin come to terms

Suggested Articles

WarnerMedia has shifted its balance for commissioning content away from its cable networks and toward its streaming services like HBO Max.

Altice USA, which operates cable service across its Optimum and Suddenlink brands, is buying another small cable company to keep growing.

Future Today, a provider of ad-supported streaming channels, has set a distribution deal with Comcast’s Xfinity X1 and Flex platforms.