11
2010
30
2010
BARRINGTON BROADCASTING GROUP LLC TO RELEASE 2010 SECOND QUARTER RESULTS
Hoffman Estates, IL, July 30, 2010 – Barrington Broadcasting Group LLC (“Barrington”) announced today that it will release its financial results for the quarter ended June 30, 2010 on August 11, 2010. Barrington will hold its earnings conference call at 11:00 AM (ET) on Thursday, August 12, 2010.
The dial-in information for the earnings call is as follows: 1-877-941-1467. A telephonic replay of the earnings call will be available beginning on August 12, 2010 at 1:00 PM (ET) and remain available for 30 days. To access the replay please dial 800-406-7325 (domestic callers) or 303-590-3030 (international callers). The access code is 4330762#.
During the conference call, representatives of Barrington may discuss and answer one or more questions concerning Barrington’s business and financial matters. The responses to these questions, as well as other matters discussed during the call, may contain information that has not been previously disclosed.
Barrington will post its quarterly report for the quarter ended June 30, 2010 on the company website (www.barringtontv.com) on August 13, 2010. The quarterly report is being furnished pursuant to the Indenture governing the 10½% Senior Subordinated Notes due 2014 (the “Notes”) co-issued by Barrington and Barrington Broadcasting Capital Corporation. Barrington will post a current report containing the earnings release and a transcript of the earnings call on the company website on August 16, 2010.
About Barrington:
Barrington was formed in 2003 to acquire and operate television stations in smaller markets across the United States. Barrington currently owns, operates, or supports the operations of twenty four network affiliated television stations. Barrington is owned and controlled by Pilot Group, with management as its partner. Pilot Group is a non-traditional private investment firm founded in 2003 by a group of operating executives who actively help its management partners achieve their goals.
Warren Spector
Chief Financial Officer
Barrington Broadcasting Group LLC
Barrington Broadcasting Capital Corporation
Tel 847 884 1877
Fax 847 755 3045
Email wspector@barringtontv.com
Web www.barringtontv.com
5
2010
26
2010
BARRINGTON BROADCASTING GROUP TO RELEASE 2010 FIRST QUARTER RESULTS
Barrington Broadcasting Group to Release 2010 First Quarter Results
Hoffman Estates, IL, April 26, 2010 – Barrington Broadcasting Group LLC (“Barrington”) announced today that it will release its financial results for the quarter ended March 31, 2010 on May 5, 2010. Barrington will hold its earnings conference call at 11:00 AM (ET) on Thursday, May 6, 2010.
The dial-in information for the earnings call is as follows: 1-877-941-1467. A telephonic replay of the earnings call will be available beginning on May 6, 2010 at 1:00 PM (ET) and remain available for 30 days. To access the replay please dial 800-406-7325 (domestic callers) or 303-590-3030 (international callers). The access code is 4288247#.
During the conference call, representatives of Barrington may discuss and answer one or more questions concerning Barrington’s business and financial matters. The responses to these questions, as well as other matters discussed during the call, may contain information that has not been previously disclosed.
Barrington will post its quarterly report for the quarter ended March 31, 2010 on the company website (www.barringtontv.com) on May 13, 2010. The quarterly report is being furnished pursuant to the Indenture governing the 10½% Senior Subordinated Notes due 2014 (the “Notes”) co-issued by Barrington and Barrington Broadcasting Capital Corporation. Barrington will post a current report containing the earnings release and a transcript of the earnings call on the company website on May 7, 2010.
About Barrington:
Barrington was formed in 2003 to acquire and operate television stations in smaller markets across the United States. Barrington currently owns, operates, or supports the operations of twenty four network affiliated television stations. Barrington is owned and controlled by Pilot Group, with management as its partner. Pilot Group is a non-traditional private investment firm founded in 2003 by a group of operating executives who actively help its management partners achieve their goals.
Warren Spector
Chief Financial Officer
Barrington Broadcasting Group LLC
Barrington Broadcasting Capital Corporation
Tel 847 884 1877
Fax 847 755 3045
Email wspector@barringtontv.com
Web www.barringtontv.com
15
2010
BARRINGTON REPORTS FOURTH QUARTER AND YEAR-END OPERATING RESULTS
Barrington-Earnings Release 4th Qtr 2009
FOR IMMEDIATE RELEASE CONTACT: Warren Spector
Tel 847 884 1877
Fax 847 755 3045
Email wspector@barringtontv.com
BARRINGTON REPORTS FOURTH QUARTER AND YEAR-END OPERATING RESULTS
Hoffman Estates, IL, March 15, 2010 – Barrington Broadcasting Group LLC
(“Barrington”) announced today its financial results for the quarter ended December 31, 2009 and for the year ended
December 31, 2009. Highlights are as follows:
- Gross revenues for the quarter ended December 31, 2009 decreased 14.7% to $32.5 million from $38.1million for the quarter ended December 31, 2008. The decrease was primarily due to a decrease in political revenues
of $6.8 million, or 81.6%, to $1.5 million and a decrease in national revenues of $0.9 million, or 11.4%, to $7.2
million. Local revenues were unchanged at $18.3 million for the quarter. Other revenues increased $2.2 million, or
63.6%, to $5.5 million for the quarter ended December 31, 2009 primarily as a result of revenues from retransmission
consent agreements.
- Net revenues (gross revenues less agency commissions and other direct costs) for the quarter endedDecember 31, 2009 decreased 14.7%, or $4.8 million, to $27.8 million from $32.5 million for the quarter ended
December 31, 2008.
- Operating expenses for the quarter ended December 31, 2009, not including depreciation and amortizationand an impairment of intangible assets and goodwill, decreased 17.2%, or $3.7 million, to $17.8 million from $21.5
million for the quarter ended December 31, 2008. The decrease was primarily due to workforce reductions, expenses at
Barrington’s Peoria station WHOI-TV relating to a joint sales and shared services agreement with Granite
Broadcasting, and renegotiation of certain contractual obligations.
- Broadcast Cash Flow (as defined herein) for the quarter ended December 31, 2009 decreased 8.7% to $11.3million from $12.3 million for the quarter ended December 31, 2008.
- Gross revenues for the year ended December 31, 2009 decreased 17.3% to $115.6 million from $139.8 millionfor the year ended December 31, 2008. The decrease was primarily due to a decrease in political revenues of $12.4
million, or 83.8%, to $2.4 million as well as a decrease in national revenues of $9.4 million, or 27.4%, to $25.1
million and a decrease in local revenues of $9.3 million, or 11.8%, to $70.0 million. Other revenues increased $6.9
million, or 61.7%, to $18.1 million, primarily due to an increase in revenues from retransmission consent
agreements.
- Net revenues (gross revenues less agency commissions and other direct costs) for the year ended December31, 2009 decreased 17.1%, or $20.4 million, to $99.0 million from $119.4 million for the year ended December 31,
2008.
- Operating expenses for the year ended December 31, 2009, not including depreciation and amortization andan impairment of intangible assets and goodwill, decreased 11.9%, or $10.1 million, to $75.1 million from $85.2
million for the year ended December 31, 2008. The decrease was primarily due to workforce reductions, expenses at
Barrington’s Peoria station WHOI-TV relating to a joint sales and shared services agreement with Granite
Broadcasting, and renegotiation of certain contractual obligations.
- Broadcast Cash Flow for the year ended December 31, 2009 decreased 23.2% to $31.1 million from $40.5million for the year ended December 31, 2008.
Results for the three months and year ended December 31, 2008 and December 31, 2009 include results of WGTU and WGTQ,
stations that Barrington programs and to which it provides support services, since April 1, 2008, the date Tucker
Broadcasting of Traverse City, Inc. completed the acquisition of these stations. Results for the three months and
year ended December 31, 2009 also include results from joint sales and shared service agreements with Granite
Broadcasting Corporation related to Granite’s and Barrington’s respective station operations in the Peoria, Illinois
and Syracuse, New York markets, effective March 2, 2009.
“We were encouraged by our operating results in the fourth quarter and we are cautiously optimistic that the
increased activity will continue in 2010. As a Company, we remain very focused on three key priorities: re-
engineering of our station-level operations, development of local sales strategies and the growth of our local
digital platforms. Also, we anticipate the cost-saving initiatives we put in place last year coupled with the
reduced annual interest expense from the bond-buyback program completed in 2009 give us an opportunity to
substantially increase cash flow available to reduce leverage,” said K. James Yager, Chief Executive Officer of
Barrington Broadcasting.
Excess Cash Flow Payment
On March 10, 2010, Barrington discovered that it had made an inadvertent error in the calculation of the amount of
the excess cash flow mandatory prepayment which was required to be made under its senior credit facility for fiscal
2008. Due to this error, Barrington originally determined in April 2009 that no excess cash flow mandatory
prepayment was required under its credit facility for fiscal 2008, when in fact it actually owed $1,325,000. This
payment would have been due in April 2009 and the failure to make such payment constituted an event of default
under the credit facility. In order to cure this payment event of default, on March 15, 2010, Barrington made a
payment of $1,365,000, which included default interest on the prepayment amount, to the lenders under the credit
facility.
Impairment of Intangible Assets
As required by ASC Topic 350, “Intangibles-Goodwill and Other,” Barrington tested the impairment of its broadcast
licenses and goodwill during the fourth quarter. The amount of the impairment is still being analyzed and has not
been included in the results of operations disclosed in this release. However, Barrington expects the impairment to
be in excess of $9.0 million. This estimate is subject to completion of Barrington’s impairment testing and is
subject to change. The actual result of the impairment testing will be included in Barrington’s annual report.
Conference Call
As previously announced, Barrington will host a conference call to discuss its second quarter results at 11:00 AM
(ET) on Tuesday, March 16, 2010. The dial-in information for the earnings call is as follows: 1-877-941-1467. A
telephonic replay of the earnings call will be available beginning on March 16, 2010 at 1:00 PM (ET) and remain
available for 30 days. To access the replay, call 1-800-406-7325 (domestic callers) or 303-590-3030 (international
callers) and enter access code 4244455#.
During the conference call, representatives of Barrington may discuss and answer one or more questions concerning
Barrington’s business and financial matters. The responses to these questions, as well as other matters discussed
during the call, may contain information that has not been previously disclosed.
Annual Report
The information in this press release should be read in conjunction with the financial statements and footnotes
contained in Barrington’s annual report for the year ended December 31, 2009 which we expect to post on Barrington’s
website (www.barringtontv.com) on March 31, 2010. Barrington’s results for the year ended December 31, 2009 are
subject to the completion of its annual report for such period.
Non-GAAP Financial Measures
Broadcast Cash Flow, EBITDA and Adjusted EBITDA (each as defined in the attachments to this press release) are non-
GAAP financial measures (i.e., they are not measures of financial performance under generally accepted accounting
principles) and should not be considered in isolation from or as a substitute for consolidated statements of
operations and cash flow data prepared in accordance with GAAP. Broadcast Cash Flow, EBITDA and Adjusted EBITDA, as
used herein, are not necessarily comparable to similarly titled measures of other companies. For
definitions of and additional information regarding Broadcast Cash Flow, EBITDA and Adjusted
EBITDA and a reconciliation of such measures to the most comparable measures calculated in accordance with GAAP,
please see the attachments to this press release.
Broadcast Cash Flow, EBITDA and Adjusted EBITDA are measures commonly used by financial analysts in evaluating
performance of companies, including broadcast companies. Accordingly, Barrington believes that Broadcast Cash Flow,
EBITDA and Adjusted EBITDA may be useful in assessing Barrington’s operating performance and its ability to meet its
debt service requirements. Barrington also believes that these measures allow a standardized comparison between
companies in the broadcast industry, while minimizing the differences from depreciation policies, financial leverage
and tax strategies.
About Barrington
Barrington was formed in 2003 to acquire and operate television stations in smaller markets across the United
States. Barrington currently owns, operates, or supports the operations of twenty four network affiliated television
stations. Barrington is owned and controlled by Pilot Group, with management as its partner. Pilot Group is a non-
traditional private investment firm founded in 2003 by a group of operating executives who actively help its
management partners achieve their goals.
Forward Looking Statements
The statements in this press release that are not historical facts are forward-looking statements that are subject to
material risks and uncertainties. Investors are cautioned that any such forward-looking statements are not
guarantees of future performance or results and involve risks and uncertainties, and that actual results or
developments may differ materially from those in the forward-looking statements as a result of various factors. Such
factors include those risks described from time to time in Barrington’s quarterly reports and annual reports which
are furnished pursuant to the Indenture dated as of August 11, 2006, by and among Barrington, Barrington Broadcasting
Capital Corporation, the guarantors named therein and U.S. Bank National Association, as trustee, as amended, and
which are posted on Barrington’s website. These factors should be considered carefully and readers are cautioned not
to place undue reliance on such forward-looking statements. Barrington does not undertake to update any forward-
looking statements in this press release or with respect to matters described herein.
5
2010
BARRINGTON BROADCASTING GROUP LLC TO RELEASE 2009 FOURTH QUARTER AND ANNUAL RESULTS
Announcement of 4th Qtr 2009 Earnings Call 03-04-10
BARRINGTON BROADCASTING GROUP LLC TO RELEASE 2009 FOURTH QUARTER AND ANNUAL RESULTS
Hoffman Estates, IL, March 5, 2010 – Barrington Broadcasting Group LLC (“Barrington”) announced today that it will release its financial results for the quarter and year ended December 31, 2009 on March 15, 2010. Barrington will hold its earnings conference call at 11:00 AM (ET) on Tuesday, March 16, 2010.
The dial-in information for the earnings call is as follows: 1-877-941-1467. A telephonic replay of the earnings call will be available beginning on March 16, 2010 at 1:00 PM (ET) and remain available for 30 days. To access the replay, please dial 800-406-7325 (domestic callers) or 303-590-3030 (international callers). The access code is 4244455#.
During the conference call, representatives of Barrington may discuss and answer one or more questions concerning Barrington’s business and financial matters. The responses to these questions, as well as other matters discussed during the call, may contain information that has not been previously disclosed.
Barrington will post a current report containing the earnings release and a transcript of the earnings call on the company website (www.barringtontv.com) on March 18, 2010.
About Barrington:
Barrington was formed in 2003 to acquire and operate television stations in smaller markets across the United States. Barrington currently owns, operates, or supports the operations of twenty four network affiliated television stations. Barrington is owned and controlled by Pilot Group, with management as its partner. Pilot Group is a non-traditional private investment firm founded in 2003 by a group of operating executives who actively help its management partners achieve their goals.
Warren Spector
Chief Financial Officer
Barrington Broadcasting Group LLC
Barrington Broadcasting Capital Corporation
Tel 847 884 1877
Fax 847 755 3045
Email wspector@barringtontv.com
Web www.barringtontv.com
12
2009
BARRINGTON BROADCASTING GROUP LLC TO RELEASE CURRENT REPORT
Current Report Press Release 11-12-09
FOR IMMEDIATE RELEASE CONTACT: Warren Spector
Tel 847 884 1877
Fax 847 755 3045
Email wspector@barringtontv.com
BARRINGTON BROADCASTING GROUP LLC TO RELEASE CURRENT REPORT
Hoffman Estates, IL, November 12, 2009 – Barrington Broadcasting Group LLC (“Barrington”) announced today that it will post a current report (the “Current Report”) on Barrington’s website today (www.barringtontv.com).
The Current Report is being furnished pursuant to the Indenture governing the 10½% Senior Subordinated Notes due 2014 (the “Notes”) co-issued by Barrington and Barrington Broadcasting Capital Corporation.
About Barrington
Barrington was formed in 2003 to acquire and operate television stations in smaller markets across the United States. Barrington currently owns, operates, or supports the operations of twenty four network affiliated television stations. Barrington is owned and controlled by Pilot Group, with management as its partner. Pilot Group is a non-traditional private investment firm founded in 2003 by a group of operating executives who actively help its management partners achieve their goals.
For further information, contact:
Warren Spector
Chief Financial Officer
Barrington Broadcasting Group LLC
Barrington Broadcasting Capital Corporation
Tel 847 884 1877
Fax 847 755 3045
Email wspector@barringtontv.com
9
2009
BARRINGTON REPORTS THIRD QUARTER OPERATING RESULTS
Barrington-Earnings Release Q3 2009
FOR IMMEDIATE RELEASE CONTACT: Warren Spector
Tel 847 884 1877
Fax 847 755 3045
Email wspector@barringtontv.com
BARRINGTON REPORTS THIRD QUARTER OPERATING RESULTS
Hoffman Estates, IL, November 9, 2009 – Barrington Broadcasting Group LLC (“Barrington”) announced today its financial results for the three months and nine months ended September 30, 2009. Highlights are as follows:
- Gross revenues for the quarter ended September 30, 2009 decreased 21.6% to $28.2 million from $35.9 million for the quarter ended September 30, 2008. The decrease was primarily due to a decrease in political revenues of $3.5 million, or 86.0%, to $0.6 million and a decrease in local revenues of $3.3 million, or 16.0%, to $17.1 million. National revenues decreased $2.8 million, or 31.4%, to $6.0 million. Other revenues increased $1.7 million, or 63.3%, to $4.4 million for the quarter ended September 30, 2009.
- Net revenues (gross revenues less agency commissions and other direct costs) for the quarter ended September 30, 2009 decreased 21.0%, or $6.4 million, to $24.2 million from $30.6 million for the quarter ended September 30, 2008.
- Operating expenses for the quarter ended September 30, 2009, not including depreciation and amortization, decreased 10.5%, or $2.2 million, to $18.4 million from $20.6 million for the quarter ended September 30, 2008. The decrease was primarily due to workforce reductions, expenses at Barrington’s Peoria station WHOI-TV relating to a joint sales and shared services agreement with Granite Broadcasting, and renegotiation of certain contractual obligations.
- Broadcast Cash Flow (as defined herein) for the quarter ended September 30, 2009 decreased 31.9% to $7.7 million from $11.4 million for the quarter ended September 30, 2008.
- Gross revenues for the nine months ended September 30, 2009 decreased 18.3% to $83.0 million from $101.7 million for the nine months ended September 30, 2008. The decrease was primarily due to a decrease in local revenues of $9.3 million, or 15.3%, to $51.7 million and a decrease in national revenues of $8.5 million, or 32.3%, to $17.9 million. Political revenues decreased $5.5 million, or 86.6%, to $0.9 million. Other revenues increased $4.7 million, or 60.9%, to $12.5 million.
- Net revenues (gross revenues less agency commissions and other direct costs) for the nine months ended September 30, 2009 decreased 18.0%, or $15.6 million, to $71.2 million from $86.8 million for the nine months ended September 30, 2008.
- Operating expenses for the nine months ended September 30, 2009, not including depreciation and amortization and an impairment of intangible assets and goodwill, decreased 10.1%, or $6.4 million, to $57.3 million from $63.7 million for the nine months ended September 30, 2008. The decrease was primarily due to workforce reductions, expenses at Barrington’s Peoria station WHOI-TV relating to a joint sales and shared services agreement with Granite Broadcasting, and renegotiation of certain contractual obligations.
- Broadcast Cash Flow for the nine months ended September 30, 2009 decreased 29.5% to $19.8 million from $28.1 million for the nine months ended September 30, 2008.
Results for the three and nine months ended September 30, 2008 and September 30, 2009 include results of WGTU and WGTQ, stations that Barrington programs and to which it provides support services, since April 1, 2008, the date Tucker Broadcasting of Traverse City, Inc. completed the acquisition of these stations. Results also include results from joint sales and shared service agreements with Granite Broadcasting Corporation related to Granite’s and Barrington’s respective station operations in the Peoria, Illinois and Syracuse, New York markets, effective March 2, 2009.
“Third quarter comparisons were difficult given the political activity that occurred in the same period in 2008. While we continue to see continued positive results from both revenue and cost-saving initiatives we put in place earlier in the year, weakness in the economy continued to negatively impact us during the quarter. However, we completed our bond buyback program during the quarter which will positively impact us in the future by reducing interest expense,” said K. James Yager, Chief Executive Officer of Barrington Broadcasting.
Conference Call
As previously announced, Barrington will host a conference call to discuss its second quarter results at 11:00 AM (ET) on Tuesday, November 10, 2009. The dial-in information for the earnings call is as follows: 1-877-941-1467. A telephonic replay of the earnings call will be available beginning on November 10, 2009 at 1:00 PM (ET) and remain available for 30 days. To access the replay, call 1-800-406-7325 (domestic callers) or 303-590-3030 (international callers) and enter access code 4179753#.
During the conference call, representatives of Barrington may discuss and answer one or more questions concerning Barrington’s business and financial matters. The responses to these questions, as well as other matters discussed during the call, may contain information that has not been previously disclosed.
Quarterly Report
The information in this press release should be read in conjunction with the financial statements and footnotes contained in Barrington’s quarterly report for the quarter ended September 30, 2009 which will be posted on Barrington’s website (www.barringtontv.com) on November 12, 2009. Barrington’s results for the quarter ended September 30, 2009 are subject to the completion of its quarterly report for such period.
Non-GAAP Financial Measures
Broadcast Cash Flow, EBITDA and Adjusted EBITDA (each as defined in the attachments to this press release) are non-GAAP financial measures (i.e., they are not measures of financial performance under generally accepted accounting principles) and should not be considered in isolation from or as a substitute for consolidated statements of operations and cash flow data prepared in accordance with GAAP. Broadcast Cash Flow, EBITDA and Adjusted EBITDA, as used herein, are not necessarily comparable to similarly titled measures of other companies. For
definitions of and additional information regarding Broadcast Cash Flow, EBITDA and Adjusted
EBITDA and a reconciliation of such measures to the most comparable measures calculated in accordance with GAAP, please see the attachments to this press release.
Broadcast Cash Flow, EBITDA and Adjusted EBITDA are measures commonly used by financial analysts in evaluating performance of companies, including broadcast companies. Accordingly, Barrington believes that Broadcast Cash Flow, EBITDA and Adjusted EBITDA may be useful in assessing Barrington’s operating performance and its ability to meet its debt service requirements. Barrington also believes that these measures allow a standardized comparison between companies in the broadcast industry, while minimizing the differences from depreciation policies, financial leverage and tax strategies.
About Barrington
Barrington was formed in 2003 to acquire and operate television stations in smaller markets across the United States. Barrington currently owns, operates, or supports the operations of twenty four network affiliated television stations. Barrington is owned and controlled by Pilot Group, with management as its partner. Pilot Group is a non-traditional private investment firm founded in 2003 by a group of operating executives who actively help its management partners achieve their goals.
Forward Looking Statements
The statements in this press release that are not historical facts are forward-looking statements that are subject to material risks and uncertainties. Investors are cautioned that any such forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties, and that actual results or developments may differ materially from those in the forward-looking statements as a result of various factors. Such factors include those risks described from time to time in Barrington’s quarterly reports and annual reports which are furnished pursuant to the Indenture dated as of August 11, 2006, by and among Barrington, Barrington Broadcasting Capital Corporation, the guarantors named therein and U.S. Bank National Association, as trustee, as amended, and which are posted on Barrington’s website. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. Barrington does not undertake to update any forward-looking statements in this press release or with respect to matters described herein.
For further information, contact:
Warren Spector
Chief Financial Officer
Barrington Broadcasting Group LLC
Barrington Broadcasting Capital Corporation
Tel 847 884 1877
Fax 847 755 3045
Email wspector@barringtontv.com
30
2009
Barrington Broadcasting Group LLC to Release 2009 3rd Quarter Results
Hoffman Estates, IL, October 30, 2009 – Barrington Broadcasting Group LLC (“Barrington”) announced today that it will release its financial results for the quarter ended September 30, 2009 on November 9, 2009. Barrington will hold its earnings conference call at 11:00 AM (ET) on Tuesday, November 10, 2009.
The dial-in information for the earnings call is as follows: 1-877-941-1467. A telephonic replay of the earnings call will be available beginning on November 10, 2009 at 1:00 PM (ET) and remain available for 30 days. To access the replay, please dial 800-406-7325 (domestic callers) or 303-590-3030 (international callers). The access code is 4179753#.
During the conference call, representatives of Barrington may discuss and answer one or more questions concerning Barrington’s business and financial matters. The responses to these questions, as well as other matters discussed during the call, may contain information that has not been previously disclosed.
Barrington will post its quarterly report for the quarter ended September 30, 2009 on the company website (www.barringtontv.com) on November 12, 2009. The quarterly report is being furnished pursuant to the Indenture governing the 10½% Senior Subordinated Notes due 2014 (the “Notes”) co-issued by Barrington and Barrington Broadcasting Capital Corporation. Barrington will post a current report containing the earnings release and a transcript of the earnings call on the company website on November 12, 2009.
About Barrington:
Barrington was formed in 2003 to acquire and operate television stations in smaller markets across the United States. Barrington currently owns, operates, or supports the operations of twenty four network affiliated television stations. Barrington is owned and controlled by Pilot Group, with management as its partner. Pilot Group is a non-traditional private investment firm founded in 2003 by a group of operating executives who actively help its management partners achieve their goals.
Barrington 3rd Qtr 2009 10-Q Earnings Call Release 10-30-09
Warren Spector
Chief Financial Officer
Barrington Broadcasting Group LLC
Barrington Broadcasting Capital Corporation
Tel 847 884 1877
Fax 847 755 3045
Email wspector@barringtontv.com
Web www.barringtontv.com
13
2009
BARRINGTON BROADCASTING GROUP LLC TO RELEASE CURRENT REPORT
Hoffman Estates, IL, August 13, 2009 – Barrington Broadcasting Group LLC (“Barrington”) announced today that it will post a current report (the “Current Report”) on Barrington’s website (www.barringtontv.com) today.
The Current Report is being furnished pursuant to the Indenture governing the 10½% Senior Subordinated Notes due 2014 co-issued by Barrington and Barrington Broadcasting Capital Corporation.
About Barrington
Barrington was formed in 2003 to acquire and operate television stations in smaller markets across the United States. Barrington currently owns, operates, or supports the operations of twenty three network affiliated television stations. Barrington is owned and controlled by Pilot Group, with management as its partner. Pilot Group is a non-traditional private investment firm founded in 2003 by a group of operating executives who actively help its management partners achieve their goals.
For further information contact:
Warren Spector
Chief Financial Officer
Barrington Broadcasting Group LLC
Barrington Broadcasting Capital Corporation
Phone: 847 884 1877
Fax: 847 755 3045
Email: wspector@barringtontv.com
Web: www.barringtontv.com
