Telco retains Eye-owned stations, cable nets

CBS Corp. has reached a retransmission consent agreement with AT&T for its stations and cable networks, the companies announced Friday.

Financial terms of the deal were not disclosed, but CBS owned-and-operated stations and cable channels Showtime, Smithsonian Channel and CBS Sports Network will continue to be carried on the telco’s video offering, U-Verse TV.

“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 VP for planning, policy and government relations, at CBS Corp.

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