CHICAGO, Jan. 11, 2019 /PRNewswire/ -- Tribune
Broadcasting, a subsidiary of Tribune Media (NYSE: TRCO), and
Charter Communications, Inc., today announced that they have
reached a comprehensive agreement to restore retransmission of
Tribune Broadcasting's local television stations and carriage of
the company's cable entertainment network, WGN America, to
Spectrum's cable systems.
The companies issued the following joint statement regarding the
agreement:
"We are pleased to have reached this agreement that will return
Tribune Broadcasting's local television stations and WGN America to
Spectrum customers and Tribune's viewers."
Specific terms of the agreement were not disclosed.
Tribune Media Company (NYSE: TRCO) is home to a
diverse portfolio of television and digital properties driven by
quality news, entertainment and sports programming. Tribune
Media is comprised of Tribune
Broadcasting's 42 owned or operated local television stations
reaching approximately 50 million households, national
entertainment cable network WGN America, whose reach is more than
77 million households, and a variety of digital applications and
websites commanding 54 million monthly unique visitors online.
Tribune Media also includes
Chicago's WGN-AM, the national
multicast networks Antenna TV and THIS TV, and Covers Media Group,
an unrivaled source of online sports betting information.
Additionally, the Company owns and manages a significant number of
real estate properties across the U.S. and holds a variety of
investments, including a 31% interest in Television Food Network,
G.P., which operates Food Network and Cooking Channel.
About Charter
Charter Communications, Inc. is a leading broadband
communications company and the second largest cable operator in
the United States. Charter
provides a full range of advanced residential broadband services,
including Spectrum TV® programming, Spectrum Internet®, Spectrum
Voice®, and Spectrum Mobile™. Under the Spectrum Business® brand,
Charter provides scalable, and cost-effective broadband
communications solutions to small and medium-sized business
organizations, including Internet access, business telephone, and
TV services. Through the Spectrum Enterprise brand, Charter is a
national provider of scalable, fiber-based technology solutions
serving many of America's largest businesses and communications
service providers. Charter's advertising sales and production
services are sold under the Spectrum Reach® brand. Charter's news
and sports networks are operated under the Spectrum Networks brand.
More information about Charter can be found at
newsroom.charter.com.
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SOURCE Tribune Media Company