Sinclair, CBS Extend Affiliation Deal

6/12/17

By Jason Aycock, SeekingAlpha

Sinclair Broadcast Group (SBGI +0.7%) is extending its affiliation agreement with CBS (CBS +3.3%), adding on to deals in Salt Lake City; Austin, Texas; South Bend, Ind.; and Gainesville, Fla.

The multi-year deal extension would cover Tribune Media's (TRCO +0.4%) six CBS stations if Sinclair can complete its $3.9B buyout, Sinclair says.

It also paves the way for local content to be available via the CBS All Access app.

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