Sinclair Grants Another One-Week Extension in Dish Carriage Talks
Satellite giant has until Oct. 28 to hammer out a deal
Sinclair Broadcast Group granted Dish Network yet another extension in carriage negotiations for its TV stations and regional sports networks, pushing back the deadline to Oct. 28, a source familiar with both companies said Thursday.
Also Read: Sinclair Still Working To Restore Systems After Ransomware Attack
This is the fifth extension Sinclair has granted in the talks to renew its retransmission consent deal with Dish, which was originally scheduled to expire in mid-August. When a deal was not reached by that deadline, Sinclair, which also is negotiating carriage of its RSNs with Dish, extended the talks until mid-September, and again pushed them out to mid-October when the stalemate continued. On Oct. 15, Sinclair again extended the deadline to Oct. 21. According to sources, Sinclair has also had to divert its attention to a ransomware attack that has disrupted several of its stations, which may have caused delays in talks.
At risk are about 108 television stations owned and/or operated by Sinclair, the Tennis Channel and 16 regional sports networks owned by the broadcaster. Dish hasn’t carried the RSNs for at least two years -- it dropped them in 2019 when they were owned by Fox Sports. Sinclair has said getting those RSNs back on Dish could mean as much as $400 million in additional revenue.
Multichannel Newsletter
The smarter way to stay on top of the multichannel video marketplace. Sign up below.
Mike Farrell is senior content producer, finance for Multichannel News/B+C, covering finance, operations and M&A at cable operators and networks across the industry. He joined Multichannel News in September 1998 and has written about major deals and top players in the business ever since. He also writes the On The Money blog, offering deeper dives into a wide variety of topics including, retransmission consent, regional sports networks,and streaming video. In 2015 he won the Jesse H. Neal Award for Best Profile, an in-depth look at the Syfy Network’s Sharknado franchise and its impact on the industry.