Benzinga | Nov 15, 2021 01:21PM EST

DISH, Sinclair Forge Multi-Year Carriage Agreement

* DISH Network Corp (NASDAQ:DISH) and Sinclair Broadcast Group Inc (NASDAQ:SBGI) reached a new, multi-year carriage agreement. The financial terms were not disclosed.

* Sinclair's owned 144 local stations across 86 markets nationwide will remain on DISH TV, and the Tennis Channel will remain available on DISH TV and SLING TV under the arrangement.

* "We are pleased to have reached a multi-year agreement with Sinclair after months of negotiations," said Brian Neylon, group president, DISH TV.

* Price Action: SBGI shares traded higher by 2.53% at $26.85, while DISH was down 0.63% at $36.31 on the last check Monday.