Charter Spectrum signs new distribution deal for CBS and Paramount channels

Het laatste driejarige contract voor de 25 kabelnetwerken van CBS en Paramount liep op 30 april af, maar de twee partijen gingen door met de onderhandelingen, waardoor de Spectrum-klanten van Charter werden behoed voor een nieuwe ontwrichtende stroomuitval. Last summer, a breakdown in separate talks between Charter and Walt Disney Co. ervoor dat Disney-kanalen, waaronder ESPN, tien dagen lang niet beschikbaar waren voor Spectrum-abonnees.

Hoewel Paramount minder aantrekkingskracht heeft dan Disney, profiteert het bedrijf nog steeds van de kracht van zijn CBS-netwerk en zijn entertainmentprogramma; news programs, including “CBS News Sunday Morning” and “60 Minutes”; en sporten, waaronder golf en de NFL.

Als onderdeel van de deal zeiden de bedrijven dat advertentie-ondersteunde versies van Paramount+ Essential en BET+ Essential zonder extra kosten zouden worden opgenomen voor Charter's Spectrum TV-klanten. Charter will also make Paramount's direct-to-consumer products available for purchase to its Internet customers.

Voor investeerders was het een goed nieuws tijdens een turbulente cyclus waarin de bestuursleden van Paramount zich afvroegen of ze een ingewikkelde en controversiële tweefasige fusie met Skydance Media van David Ellison zouden nastreven of een afzonderlijk uitkoopbod van Sony Pictures Entertainment en Apollo Global zouden accepteren. Management.

Sony and Apollo have offered $26 billion, including the assumption of debt. Sony and Apollo are known as price-conscious buyers; ze willen het financiële plaatje van Paramount onder de loep nemen, inclusief de details van het Charter distributiepact, voordat ze tot een taxatie komen, zeggen mensen die dicht bij het proces staan ​​en niet bevoegd zijn om publiekelijk commentaar te geven.

Both Charter and Paramount had much to lose if they had failed to reach a new agreement.

Recent Nielsen ratings show how Paramount's cable channels have fallen out of favor with audiences. Slechts drie van de kanalen van het bedrijf – TV Land, TV Land Classic en Nick at Night – staan ​​in de Top 20, wat betreft het totale aantal kijkers. TV Land speelt herhalingen van series als 'King of Queens', 'Seinfeld' en 'Everybody Loves Raymond'. Comedy Central en Paramount Network blijven achter en completeren de Top 30.

Related Posts

  • Business
  • June 17, 2024
  • 3 views
  • 2 minutes Read
Approximately 100,000 pet insurance policies are being canceled nationwide

Is pet insurance worth it? Is pet insurance worth it? 07:55 Nationwide will cancel coverage for about 100,000 animals nationwide, with the nation's largest pet insurance provider citing the rising…

  • Business
  • June 17, 2024
  • 3 views
  • 4 minutes Read
The FDA approves Merck's pneumococcal vaccine, intended for adults

Zoom in iconArrows pointing outwards Merck's new pneumococcal vaccine. Courtesy: Merck The Food and Drug Administration announced this on Monday approved Merck's new vaccine designed to protect adults against a…

Leave a Reply

Your email address will not be published. Required fields are marked *

You Missed

The blood test for Alzheimer's ensures faster diagnoses and high accuracy at Mayo Clinic

  • June 18, 2024
The blood test for Alzheimer's ensures faster diagnoses and high accuracy at Mayo Clinic

Apple embraces open-source AI with twenty Core ML models on the Hugging Face platform

  • June 18, 2024
Apple embraces open-source AI with twenty Core ML models on the Hugging Face platform

The European election results raise fears about the weakening of climate ambitions

  • June 18, 2024
The European election results raise fears about the weakening of climate ambitions

Kansas is suing Pfizer for 'misleading statements' about its COVID vaccine

  • June 18, 2024
Kansas is suing Pfizer for 'misleading statements' about its COVID vaccine

Remco Evenepoel: The Tour de France contender who might have played for Belgium at Euro 2024

  • June 18, 2024
Remco Evenepoel: The Tour de France contender who might have played for Belgium at Euro 2024

Juneteenth Hack brings together black artists with augmented reality technology

  • June 18, 2024
Juneteenth Hack brings together black artists with augmented reality technology

The 2024 Summer Olympics in Paris could break heat records. Does this put athletes at risk?

  • June 18, 2024
The 2024 Summer Olympics in Paris could break heat records.  Does this put athletes at risk?

James Webb telescope helps improve technology

  • June 18, 2024
James Webb telescope helps improve technology

Kylian Mbappe broke his nose during France's 2024 Euro 2024 victory over Austria and may need surgery, reports say

  • June 18, 2024
Kylian Mbappe broke his nose during France's 2024 Euro 2024 victory over Austria and may need surgery, reports say

Approximately 100,000 pet insurance policies are being canceled nationwide

  • June 17, 2024
Approximately 100,000 pet insurance policies are being canceled nationwide

Here are our recommendations for the best 2024 nonfiction books : NPR

  • June 17, 2024
Here are our recommendations for the best 2024 nonfiction books : NPR