Dish reaches agreement with SInclair to carry local channels

<p><p>Bloomberg</p></p><p><p>Dish reached an agreement to keep more than 100 Sinclair local television stations on the Dish TV network, about three months after the previous contract expired.</p></p><p><p>The multiyear deal covers 144 local stations across 86 markets, the companies said in a statement Monday. Among the company’sstations are operations in Lewiston, the Tri-cities, Yakima and Seattle, according to its website.</p></p><p><p>In addition, the Tennis Channel will remain available on Dish TV and Sling TV. Their pact had expired Aug. 16.</p></p><p><p>“After several contract extensions, we have arrived at a fair agreement that benefits all parties, especially our customers,” Brian Neylon, Dish TV’s group president, said in the statement.</p></p><p><p>Sinclair’s stations run a full gamut of network affiliations, including ABC, NBC, CBS, Fox and the CW. The company also owns 21 regional sports-network brands.</p></p><p><p>Sinclair was part of a group that bought the Tennis Channel in 2016 for $350 million.</p></p><p><p>The agreement does not include Dish carrying Sinclair’s local sports networks, which have been unavailable to those subscribers since July 2019.</p></p><p><p>Sinclair’s $9.6 billion acquisition of the former Fox sports channels from Disney was financed with costly high-yield debt that fell to distressed levels as Sinclair struggled to strike distribution deals with TV providers and dealt with the pandemic’s disruptions to live sports.<span class=”print_trim”>Sinclair’s shares rose 2.5% at 9:50 a.m. in New York, while Dish advanced less than 1%.</span></p></p>