LIN Media Announces LIN Television Corporation's Exchange Offer

LIN TV Corp. TVL today announced that its wholly owned subsidiary, LIN Television Corporation, has commenced an offer to exchange all of LIN Television Corporation's outstanding 83/8% Senior Notes due 2018 issued April 12, 2010 for new 83/8% Senior Notes due 2018 registered under the Securities Act of 1933, as amended. The Old Notes were issued in a private placement pursuant to Rule 144A and Regulation S under the Securities Act. Terms of the new 83/8% Senior Notes due 2018 will be identical in all material respects to the terms of the Old Notes, except that the transfer restrictions applicable to the Old Notes will not apply to the New Notes, except in limited circumstances, and the New Notes will not have rights to additional interest or registration rights.