With the FCC poring over its $3.9B deal for Tribune Media (TRCO -0.4%), Sinclair Broadcast Group (SBGI -0.9%) has tied up another affiliation deal, setting a multi-year renewal with CBS (CBS -1.7%) for outlets that were to expire at 2018's end.
The deal resets affiliation with CBS for Sinclair stations in Cedar Rapids, Iowa; Harlingen, Texas; and Portland, Maine; as well as a Syracuse, N.Y., affiliate covered by a Sinclair joint sales agreement.
The move points the way to an easier renewal of 20 other CBS affiliates at Sinclair.
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