Sinclair Broadcast, Dish Network Reach Deal
The companies' previous agreement had been set to expire Wednesday.
Television's Sinclair Broadcast Group Inc. and Dish Network say they reached a deal on retransmission fees, meaning the satellite television provider will continue to carry Sinclair's stations.
Three days ago, Dish said that Sinclair had threatened to block Dish customers' access to its stations in 45 U.S. cities unless Dish was willing to accept a price increase.
Dish said at the time that Sinclair was asking for more money than any other broadcast group in the country. Sinclair countered, saying the prices it was requesting for its stations were substantially lower that what Dish pays for less popular stations.
The companies agreed Thursday to extend their existing deal by two weeks to give them time to iron out a final agreement. The original agreement was set to expire Wednesday.