Sinclair Buying Tennis Channel, Has Negotiated More Carriage With MVPDs
Sinclair plans to buy the Tennis Channel for $350 million, it said in a news release Wednesday. Sinclair said it expects to close on the purchase of the cable network/online video distributor in Q1. It also said it has negotiated…
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contracts with a number of multichannel video programming distributors that would make Tennis Channel available in roughly 50 million households, up from 30 million today. In a statement, Sinclair General Counsel Barry Faber said the broadcaster anticipates other upcoming MVPD negotiations "to result in further carriage and Tennis subscriber penetration." The channel for years has unsuccessfully sought at the FCC and in court wider carriage on Comcast.