CHARTER COMMUNICATIONS AND CBS CORPORATION RENEW CONTENT CARRIAGE AGREEMENTS
Renewal Covers Retransmission Consent for CBS Owned Stations and Carriage of Showtime, CBS Sports Network, Smithsonian Channel and CBS Primetime VOD
NEW YORK - January 29, 2013 - Charter Communications (NASDAQ: CHTR) and CBS Corporation (NYSE: CBS.A and CBS) today announced the renewal of their content carriage agreements covering retransmission consent for CBS Owned Stations as well as continued carriage of Showtime Networks, CBS Sports Network and Smithsonian Channel on Charter's cable television platform.
The agreement also includes new online and on-demand availability of programming from CBS and SHOWTIME. Plans are underway to make primetime shows from CBS available on-demand to customers across all Charter markets in the coming months. The launch of the authentication service SHOWTIME ANYTIME®, providing Charter's SHOWTIME subscribers with unlimited access to acclaimed original series, hit movies, sports, documentaries, specials and much more via computers, iPad®, iPhone® and Android™ devices, will be coming soon as well.
Terms of the agreement were not disclosed.
"We are pleased to have reached this comprehensive renewal agreement that recognizes the value our stations and our cable channels bring to Charter and to the audiences we share," said Martin Franks, Executive Vice President for Planning, Policy and Government Relations, CBS Corporation.
Allan Singer, Charter's Senior Vice President, Programming said, "With this agreement, Charter customers can count on us to continue to deliver popular shows and movies from CBS Corporation, and we are especially pleased that the expanded agreement includes CBS Primetime VOD and SHOWTIME ANYTIME throughout our entire footprint. Charter is pleased to start 2013 having successfullyconcluded this enhanced programming agreement."
About Charter Communications
Charter is a leading broadband communications company and the fourth-largest cable operator in the United States. Charter provides a full range of advanced broadband services, including advanced Charter TV® video entertainment programming, Charter Internet® access, and Charter Phone®. Charter Business® similarly provides scalable, tailored, and cost-effective broadband communications solutions to business organizations, such as business-to-business Internet access, data networking, business telephone, video and music entertainment services, and wireless backhaul. Charter's advertising sales and production services are sold under the Charter Media® brand. More information about Charter can be found atcharter.com.
About CBS Corporation
CBS Corporation (NYSE: CBS.A and CBS) is a mass media company that creates and distributes industry-leading content across a variety of platforms to audiences around the world. The Company has businesses with origins that date back to the dawn of the broadcasting age as well as new ventures that operate on the leading edge of media. CBS owns the most-watched television network in the U.S. and one of the world's largest libraries of entertainment content, making its brand - "the Eye" - one of the most recognized in business. The Company's operations span virtually every field of media and entertainment, including cable, publishing, radio, local TV, film, outdoor advertising, and interactive and socially responsible media. CBS's businesses include CBS Television Network, The CW (a joint venture between CBS Corporation and Warner Bros. Entertainment), Showtime Networks, CBS Sports Network, Smithsonian Networks, Simon & Schuster, CBS Television Stations, CBS Radio, CBS Outdoor, CBS Television Studios, CBS Global Distribution Group, CBS Interactive, CBS Consumer Products, CBS Home Entertainment, CBS Films and CBS EcoMedia.www.cbscorporation.com.