Edition:
United States

SK Telecom And Sinclair Broadcast Group Sign Joint Venture Agreement


Monday, 7 Jan 2019 07:00pm EST 

Jan 7 (Reuters) - Sinclair Broadcast Group Inc ::SK TELECOM AND SINCLAIR BROADCAST GROUP SIGN JOINT VENTURE AGREEMENT.TWO COMPANIES WILL JOINTLY FUND AND MANAGE A JOINT VENTURE COMPANY WITHIN Q1 OF THIS YEAR.JV TO CREATE NEW SERVICES SUCH AS PERSONALIZED ADVERTISEMENT AND IN-VEHICLE TERRESTRIAL TV BROADCASTING.TWO COMPANIES PLAN TO ACTIVELY PROVIDE ATSC 3.0 STANDARDS-BASED SOLUTIONS TO ALL U.S. BROADCASTING COMPANIES.SINCLAIR BROADCAST- JOINT VENTURE CO WILL DEVELOP BROADCASTING SOLUTIONS BASED ON ATSC 3.0*, NEXT-GENERATION BROADCAST TRANSMISSION STANDARD.