June 1, 2009 (FinancialWire) — Sinclair Broadcast Group, Inc. (NASDAQ: SBGI) (Current Market Cap: US$140.05 Mil.) that it has entered into an extension of its retransmission consent agreement with Dish Network Corp. (NYSE: DIS). Under the terms of the agreement, Dish will continue to carry the signals of stations that Sinclair owns and operates, programs or provides sales services.

The agreement also provides Dish with certain rights to carry local content produced by Sinclair on a video-on-demand basis, according to Sinclair.

Sinclair did not disclose the dollar amount of consideration received from individual multi-channel video program distributors, such as Dish, but said it will continue to be compensated by Dish under the agreement.

Baltimore-based Sinclair Broadcast Group owns and operates, programs or provides sales services to 58 television stations in 35 markets. Sinclair’s television group reaches around 22% of U.S. television households.

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