AT&T And CBS Corporation Renew Content Carriage Agreements
NEW YORK and DALLAS, Aug. 31, 2012 /PRNewswire/ — AT&T U-verse® TV, the fastest growing television provider in the country*, and CBS Corporation (NYSE: CBS.A and CBS), one of the world’s leading content providers, today announced renewal of their content carriage agreements covering retransmission consent for CBS Owned Stations, and continued carriage of Showtime, The Smithsonian Channel and The CBS Sports Network.
Terms of the agreements were not disclosed.
“We are pleased to have reached these comprehensive renewal agreements which recognize the value our stations and our cable channels bring to AT&T’s U-verse service and to the audiences we share,” said Martin Franks, Executive Vice President for Planning, Policy and Government Relations, CBS Corporation.
“We’re proud to have reached agreements to continue to offer CBS owned stations and cable channels to our subscribers,” said Jeff Weber, President of Content and Advertising Services, AT&T Home Solutions. “Our agreements with CBS continue to bring our customers more value with high-quality and compelling content.”
*Claim based on comparison of major TV providers’ percentage growth in subscriber counts and national market share data over the last 12 quarters combined.
AT&T Inc. (NYSE: T) is a premier communications holding company and one of the most honored companies in the world. Its subsidiaries and affiliates – AT&T operating companies – are the providers of AT&T services in the United States and around the world. With a powerful array of network resources that includes the nation’s fastest mobile broadband network, AT&T is a leading provider of wireless, Wi-Fi, high speed Internet, voice and cloud-based services. A leader in mobile broadband and emerging 4G capabilities, AT&T also offers the best wireless coverage worldwide of any U.S. carrier, offering the most wireless phones that work in the most countries. It also offers advanced TV services under the AT&T U-verse® and AT&T ?DIRECTV brands. The company’s suite of IP-based business communications services is one of the most advanced in the world.
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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 Studios International, CBS Television Distribution, CBS Interactive, CBS Consumer Products, CBS Home Entertainment, CBS Films and CBS EcoMedia. For more information, go to www.cbscorporation.com.
SOURCE CBS Corporation