DirecTV and CBS announced on Tuesday that they have renewed their content carriage agreements.
The long-term deal covers retransmission consent for CBS-owned-and-operated (O&O) TV stations and continued carriage of Showtime, CBS Sports Network, and Smithsonian Channel.
“We are very pleased with these renewals,” said Martin Franks of CBS. “DIRECTV clearly recognizes the value our stations and our cable channels bring to the audiences we share, and we have once again demonstrated how two great companies can come together to forge mutually beneficial free market agreements.”
“This is great news for our customers, who will continue to enjoy CBS and Showtime quality content for many years to come,” said Derek Chang of DirecTV. “CBS and DirecTV both recognize the interests of our customers are best served when we can privately work together as true programming partners and responsibly work out an agreement that is fair for everyone.”
Financial terms - as is customary in such deals - were not disclosed.
The long-term deal covers retransmission consent for CBS-owned-and-operated (O&O) TV stations and continued carriage of Showtime, CBS Sports Network, and Smithsonian Channel.
“We are very pleased with these renewals,” said Martin Franks of CBS. “DIRECTV clearly recognizes the value our stations and our cable channels bring to the audiences we share, and we have once again demonstrated how two great companies can come together to forge mutually beneficial free market agreements.”
“This is great news for our customers, who will continue to enjoy CBS and Showtime quality content for many years to come,” said Derek Chang of DirecTV. “CBS and DirecTV both recognize the interests of our customers are best served when we can privately work together as true programming partners and responsibly work out an agreement that is fair for everyone.”
Financial terms - as is customary in such deals - were not disclosed.
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