The Sinclair Broadcast Group have reached an agreement to buy the Tennis Channel for $350 million dollars.
Baltimore-based Sinclair presently own 171 stations which operate in 81 markets across America, but the acquisition of the Tennis Channel is their biggest move yet.
Programming on the Tennis Channel includes all four Grand Slam events plus the ATP and WTA Tours, the Davis and Fed Cups, and a number of original programs. Financially though, the network has been operating at a loss of $200 million dollars. The Sinclair Group believes they can fix that.
Credit to Sports Pro Media who originally reported this story
Jason Barrett is the President and Founder of Barrett Media since the company was created in September 2015. Prior to its arrival, JB served as a sports radio programmer, launching brands such as 95.7 The Game in San Francisco, and 101 ESPN in St. Louis. He also spent time programming SportsTalk 950 in Philadelphia, 590 The Fan KFNS in St. Louis, and ESPN 1340/1390 in Poughkeepsie, NY. Jason also worked on-air and behind the scenes in local radio at 101.5 WPDH, WTBQ 1110AM, and WPYX 106.5. He also spent two years on the national stage, producing radio shows for ESPN Radio in Bristol, CT. Among them included the Dan Patrick Show, and GameNight.
You can find JB on Twitter @SportsRadioPD. He’s also reachable by email at Jason@BarrettMedia.com.