Tribune Media has signed retransmission and carriage consent agreements with Atlantic Broadband, Google Fiber, and Verizon Fios TV.
The comprehensive agreements cover Tribune local TV stations and include carriage of Tribune’s cable network WGN America. The TV station owner says the contracts cover more than 3.6 million subscribers mostly located in the Northeast and Southeast regions.
Tribune has reportedly been in early talks with new buyers since its planned $3.9 billion sale to Sinclair Broadcast was terminated in August after the pair failed to win regulatory approval.
According to Reuters, Tribune enlisted financial advisors Moelis & Co and Guggenheim Securities to help discussions with potential buyers, including Nexstar Media and private equity firms.
Tribune sued Sinclair for $1 billion in damages after the deal was scrapped, saying Sinclair breached its agreement and engaged in “unnecessarily aggressive and protracted negotiations,” with the DOJ and FCC.