Paramount, Comcast Strike New Multiyear Distribution Deals Covering Networks, Streamers

Paramount Global, which is set to be acquired by David Ellison’s Skydance Media, and NBCUniversal parent Comcast unveiled the renewal of comprehensive distribution agreements on Tuesday “to continue delivering Paramount’s leading portfolio of broadcast, entertainment, news and sports brands across Xfinity platforms.”

Financial and timing details weren’t disclosed.

The multiyear deals ensure carriage of Paramount’s networks, including CBS, BET, Comedy Central, MTV, Nickelodeon, Paramount Network and more. “Comcast subscribers will also retain access to Paramount’s streaming services,” including Paramount+, Pluto TV and BET+, they said. “Additionally, as part of the renewal, Comcast has the right to make Paramount+ with Showtime available to qualifying Xfinity customers.”

“We are pleased to renew and expand upon our broad partnership with Comcast,” said Ray Hopkins, president, Paramount Distribution. “This new deal ensures that our dynamic portfolio of popular brands and premium programming continue to reach and entertain our valued audiences everywhere.”

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