InvestorsJune 11, 2008
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 Stations.
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
SOURCE: Charter Communications, Inc.