CBS Renews Affiliation Deal for 12 Lin Media TV Stations
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CBS Corp., owner of the most-watched U.S. television network, agreed to renew affiliation agreements for 12 stations owned by Lin Media LLC, helping the local-TV chain cement the terms of its takeover by Media General Inc.
The deal includes renewals for channels in 10 U.S. markets including KRQE in Albuquerque, New Mexico; KREZ-TV in Durango, Colorado; and WIAT in Birmingham, Alabama, the companies said in a statement today. Financial terms weren’t disclosed.