Paramount, Comcast Renew Multi-Year Distribution Deals

Dow Jones01-07 22:15

By Sabela Ojea

Paramount Global and Comcast renewed and expanded their multi-year distribution agreements for the carriage of Paramount's networks such as CBS, Nickelodeon and MTV.

As part of the deal, Comcast subscribers will retain access to Paramount's popular streaming services across Paramount+, Pluto TV and BET+, the companies said Tuesday.

Comcast also will have the right to make Paramount+ with Showtime available to qualifying Xfinity accounts.

"This new deal ensures that our dynamic portfolio of popular brands and premium programming continue to reach and entertain our valued audiences everywhere," said Ray Hopkins, president of Paramount Distribution.

The companies didn't share financial details of the multi-year agreements.

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

(END) Dow Jones Newswires

January 07, 2025 09:15 ET (14:15 GMT)

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