Monday morning, LIN TV Corp. (TVL) said it could not reach an agreement with cable provider Suddenlink Communications for the carriage of LIN TV's KXAN-TV in the Austin market and KBIM-TV in the Albuquerque market.As a result, the Providence, Rhode Island headquartered television and digital media company said Suddenlink has discontinued carriage of its KXAN-TV and KBIM-TV in those markets when the current contract expired on December 31, 2007.The company said it has successfully reached deals with other subscription-based television services, including cable operators, telephone companies and satellite providers.LIN TV's Executive Vice President Digital Media Gregory M. Schmidt said Suddenlink charges its customers a fee for local broadcast stations and our stations deserve a fair share of that, so we can continue providing the premium news, sports, entertainment, and other local programming that is most important to our viewers.TVL closed Friday's regular trading session at $12.14.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.