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Last updated on April 23, 2014 at 1:22 EDT

Latest WBMA-LD Stories

2014-03-20 16:25:37

Change in structure will have an immaterial impact BALTIMORE, March 20, 2014 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) announced today that it has submitted the attached letter to the Federal Communications Commission in order to meet certain objections the FCC has to shared services agreements in particular and to shared agreements generally which are coupled with a contingent financial interest, such as a guarantee or an option. If the proposed restructuring is...

2013-07-29 08:24:56

BALTIMORE, July 29, 2013 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) (the "Company" or "Sinclair") announced that it has entered into a definitive agreement to purchase the stock of Perpetual Corporation and the equity interest of Charleston Television, LLC, both owned and controlled by the Allbritton family ("Allbritton"), for an aggregate purchase price of $985.0 million. The Allbritton stations consist of seven ABC Network affiliates, covering 4.9% of the U.S. TV...

2013-07-29 08:24:49

ARLINGTON, Va., July 29, 2013 /PRNewswire/ -- Allbritton Communications Company ("ACC") announced today that the Allbritton family ("Allbritton") has entered into an agreement to sell the stock of ACC's parent company, Perpetual Corporation and the equity interest of an affiliate, Charleston Television, LLC to the Sinclair Broadcast Group. Included in the Arlington, Virginia-based Allbritton station group are seven ABC affiliates in the following markets: WJLA-TV, Washington, DC...

2013-05-01 08:28:42

ARLINGTON, Va., May 1, 2013 /PRNewswire/ -- Allbritton Communications Company announced today its intention to explore and evaluate potential strategic alternatives, which may result in, among other things, the possible sale of the Company. The Company has retained Moelis & Company LLC as its financial advisor and Paul Hastings and Dow Lohnes as its legal counsel. The Company has not made a decision to pursue any specific strategic transaction or any other strategic alternative, and...

2013-04-19 16:22:20

NEW YORK, April 19, 2013 /PRNewswire/ -- WorldNow, the leading online technology, content and revenue-solutions company for local media, announced today that four of their clients have been awarded regional Edward R. Murrow awards for websites. "We are so pleased that our stations have been recognized with such a prestigious award. It is a true testament to the commitment and dedication to serving their communities with the best digital news experience possible," said Melissa Hatter, EVP of...