Charter Reaches Agreement in Principle with LIN TV Corp.
Charter Will Continue to Deliver Stations Owned and Operated by
LIN TV While Agreement is Finalized
ST. LOUIS--(BUSINESS WIRE)--June 11, 2008--Charter Communications,
Inc. (NASDAQ: CHTR) today announced that it has reached an agreement
in principle with LIN TV Corp., allowing it to continue to carry the
analog, digital, and high definition (HD) programming of LIN TV
Charter will carry the broadcast signals in the 11 LIN TV-owned
and/or operated local stations in Charter markets including Grand
Rapids, MI; Green Bay, WI; New Haven, CT and Springfield, MA; as well
as Dayton and Toledo, OH; and Providence, RI markets while and after
the agreement is finalized.
"We are pleased to have reached an agreement in principle with LIN
TV, giving us the right to continue delivering programming offered by
their owned or operated stations, and affording Charter the
opportunity to expand our high definition (HD) programming to our
customers in these communities," said Ted Schremp, Senior Vice
President of Product Management and Strategy for Charter. "Consumers
are demonstrating a growing desire for quality high definition
content, and Charter's priority is to provide our customers value and
choice through a broad array of programming, packages, and enhanced
services that include HD and video on demand."
Charter is working with LIN to document the agreement in principle
in definitive form as soon as possible.
About Charter Communications
Charter Communications, Inc. is a leading broadband communications
company and the third-largest publicly traded cable operator in the
United States. Charter provides a full range of advanced broadband
services, including Charter Digital(R) video entertainment
programming, Charter High-Speed(R) Internet access, and Charter
Telephone(R). Charter Business(TM) similarly provides scalable,
tailored and cost-effective broadband communications solutions to
business organizations, such as business-to-business Internet access,
data networking, video and music entertainment services and business
telephone. Charter's advertising sales and production services are
sold under the Charter Media(R) brand. More information about Charter
can be found at www.charter.com.
CONTACT: Charter Communications, Inc.
Anita Lamont, 314-543-2215
Marty Richmond, 314-543-5621