- Sinclair Broadcast Group (SBGI +0.7%) says it provided AT&T (T +0.7%) with a five-week extension to their channel carriage deal in order to keep up negotiations.
- That deal was set to expire in August, and now ends next Friday at 5 p.m. ET.
- Sinclair says the risk of no agreement is AT&T U-verse, DirecTV and AT&T TV Now subs in 86 markets losing access to 136 TV stations and the Tennis Channel.
- Meanwhile, on another side of the business, Sinclair has been eyeballing potentially buying four regional sports networks from AT&T.