July 1, 2008
LIN TV and Charter Sign Carriage Agreement
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(R)
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.