Fisher Communications Confirms Expiration of KOMO 1000 Newsradio's Broadcast Agreement With the Seattle Mariners

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Tue Jul 22, 2008 3:14pm EDT

  SEATTLE, WA, Jul 22 (MARKET WIRE) -- 
Fisher Communications (NASDAQ: FSCI) today confirmed that KOMO 1000
Newsradio will no longer serve as the Seattle Mariners' radio broadcast
partner following the current season. KOMO 1000, which is the most
listened-to radio station in the Seattle-Tacoma market, entered into its
six-year broadcast agreement with the Mariners in 2002.

    Commenting on the Mariners announcement, Jim Clayton, KOMO Vice President
and General Manager, said, "We are disappointed that we were unable to
reach an acceptable agreement that would have allowed us to continue
broadcasting the Mariners beyond the current season. We are proud of our
association with the Mariners organization and we wish the team success in
the future. Over the past six years, KOMO 1000 Newsradio has made a very
successful transition to an all-news format, which has made the station
Seattle's trusted source for up-to-the-minute news, weather and traffic
information."

    Colleen B. Brown, Fisher Communications President and Chief Executive
Officer, added, "We continue to be very pleased with KOMO Newsradio's
performance and believe that the station is well-positioned for future
growth. While we would have liked to have found a way to extend our
agreement with the Mariners, this change will provide the Company added
financial flexibility to build on KOMO 1000's all-news format, including
identifying opportunities to expand the strategic relationship between
KOMO 4 News and KOMO 1000 Newsradio."

    About Fisher Communications

    Fisher Communications, Inc. is a Seattle-based communications company that
owns and operates 13 full power television stations (including a 50%-owned
television station), 7 low power television stations and 8 radio stations
in the Western United States. The Company owns and operates Fisher
Pathways, a satellite and fiber transmission provider; Fisher Plaza, a
media, telecommunications, and data center facility located near downtown
Seattle; and Pegasus News, an online start-up and hyper-local media
pioneer based in Dallas. For more information about Fisher
Communications, Inc., go to www.fsci.com.

    

Contact:
Sard Verbinnen & Co
Paul Kranhold or Ron Low
(415) 618-8750

Robin Weinberg
(212) 687-8080

Copyright 2008, Market Wire, All rights reserved.

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