Local marketing agreement
In North American broadcasting, a local marketing agreement (LMA), or local management agreement, is a contract in which one company agrees to operate a radio or television station owned by another party. In essence, it is a sort of lease or time-buy.
The studio facilities shared by WBFF, WNUV, and WUTB in Baltimore; WBFF owner Sinclair Broadcast Group operates WNUV and WUTB, which are owned by Cunningham Broadcasting and Deerfield Media.
Belo Tower in Dallas, Texas.
Outside Television Park, the facilities which were shared by WJBF and WAGT.
Sinclair, Inc., doing business as Sinclair Broadcast Group, is a publicly traded American telecommunications conglomerate that is controlled by the descendants of company founder Julian Sinclair Smith. Headquartered in the Baltimore suburb of Cockeysville, Maryland, the company is the second-largest television station operator in the United States by number of stations, owning or operating a total of 193 stations across the country in over 100 markets, and is the largest owner of stations affiliated with Fox, NBC, CBS, ABC, MyNetworkTV, and The CW. Sinclair also owns four digital multicast networks, and sports-oriented cable networks. On June 2, 2021, it was announced that Sinclair had become a Fortune 500 company, having reached 2020 annual revenues of US$5.9 billion.
Headquarters of Sinclair Broadcast Group in Cockeysville, Maryland
