PARA Sep 2024 17.000 put
- LA Times
With new Charter Spectrum distribution deal, Paramount breathes a sigh of relief
Charter Communications and Paramount announced a new distribution arrangement, which keeps CBS, MTV, BET and Nickelodeon on the Spectrum TV service.
- Reuters
Charter brings Paramount+ to Spectrum TV customers in new carriage deal
The companies did not disclose the financial terms of the deal, in which the ad-supported versions of Paramount's direct-to-consumer services, Paramount+ Essential tier and BET+ Essential, will be included at no extra cost to Charter's Spectrum TV customers. Charter will also make Paramount's direct-to-consumer products available to its Internet-only customers at the broadband and cable TV provider's retail stores.
- PR Newswire
PARAMOUNT GLOBAL AND CHARTER COMMUNICATIONS ANNOUNCE NEW MULTI-YEAR AGREEMENT FOR DISTRIBUTION OF PARAMOUNT'S LINEAR NETWORKS, CBS OWNED-AND-OPERATED STATIONS AND DIRECT-TO-CONSUMER STREAMING SERVICES
Paramount Global (NASDAQ: PARA, PARAA) and Charter Communications, Inc. (NASDAQ: CHTR) today announced they will extend their long-standing partnership with a multi-year distribution agreement for Paramount's full portfolio of linear cable networks, CBS owned-and-operated broadcast stations and direct-to-consumer streaming services that generates greater value for consumers while creating new distribution opportunities and a glide path to a healthier video ecosystem.
