Exhibit (a)(5)(i)
News Release
Sinclair Commences Tender Offer for 6% Convertible Subordinated Debentures
(BALTIMORE) September 20, 2010 — Sinclair Television Group, Inc. (“Sinclair”), a wholly-owned
subsidiary of Sinclair Broadcast Group, Inc. (the “Company”) (Nasdaq: SBGI) today announced that it is
commencing a cash tender offer for up to $60 million of the Company’s outstanding 6% Convertible
Subordinated Debentures due 2012 (CUSIP No. 829226AV1) (the “Debentures”). Approximately $128.0
million principal amount of the Debentures are currently outstanding. Specific terms and conditions of the tender
offer are included in the Offer to Purchase, dated September 20, 2010, filed with the Securities and Exchange
Commission (the “SEC”) today.
The Company also announced that it intends to issue senior unsecured notes in a private placement to finance
the tender offer.
The Company is offering to purchase for cash, on a pro rata basis and upon the terms and subject to the
conditions set forth in the Offer to Purchase and the related Letter of Transmittal, up to $60,000,000 principal
amount of the Debentures at a purchase price of $987.50 per $1,000 principal amount of the Debentures validly
tendered and not validly withdrawn on or prior to the expiration date.
Tendering holders will also receive accrued and unpaid interest from the last interest payment date to, but not
including, the settlement date. The tender offer will be conditioned on, among other things, receipt of sufficient
proceeds from the unregistered, private placement of the senior unsecured notes to fund the tender offer. If any
of the conditions is not satisfied, Sinclair is not obligated to accept for payment, purchase or pay for, and may
delay the acceptance for payment of, any tendered Debentures, in each event subject to applicable laws, and
may terminate the tender offer. The tender offer is not conditioned on the tender of a minimum principal amount
of Debentures. Sinclair intends to