Pact includes Showtime, CBS Sports
As other media companies wage public battles over carriage pacts, CBS and satcaster DirecTV have quietly renewed a long-term carriage deal for CBS’ O&O stations, Showtime, CBS Sports Network and Smithsonian Channel.
Financial terms weren’t disclosed. But CBS execs were quick to note that the wide-ranging deal came together without any saber-rattling.
“We have once again demonstrated how two great companies can come together to forge mutually beneficial free market agreements,” said Martin Franks, CBS’ exec VP for planning, policy and government relations. DirecTV has about 20 million U.S. subscribers.
CBS has inked a handful of deals in recent months even as tensions in general have been heating up between MSOs and programmers. Satcaster Dish Network was near a blackout of major Gannett stations over the weekend before the two agreed to a new long-term deal on Monday.
“This is great news for our customers, who will continue to enjoy CBS and Showtime…for many years to come,” said DirecTV’s Derek Chang, exec VP for content strategy and development. “CBS and DirecTV both recognize the interests of our customers are best served when we can privately work together as true programming partners and responsibly work out an agreement that is fair for everyone.”