24.05.2024 03:13:44 - dpa-AFX: Paramount Global, Charter Communications Extend Partnership

WASHINGTON (dpa-AFX) - Paramount Global (PARA, PARAA) and Charter
Communications Inc. (CHTR) said that 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.

In addition to CBS, Spectrum audiences will continue to enjoy access to some of
TV's most popular cable brands, including BET, Comedy Central, MTV, Nickelodeon,
and Paramount Network as well as premium service Paramount+ with Showtime, the
companies said in a statement.

As part of the deal, the ad-supported versions of Paramount's direct-to-consumer
services, Paramount+ Essential and BET+ Essential, will be included at no
additional cost to Charter's Spectrum TV customers. Charter also will make
Paramount's direct-to-consumer products available for purchase to its millions
of Internet-only customers.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
CHARTER COM. CL. A A2AJX9 Frankfurt 256,650 14.06.24 21:50:23 +1,900 +0,75% 0,000 0,000 254,300 256,650

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