NEW
YORK and PHILADELPHIA, Jan. 7, 2025
/PRNewswire/ -- Paramount Global (NASDAQ: PARA) (NASDAQ:
PARAA) and Comcast (NASDAQ: CMCSA) today announced the renewal of
their comprehensive distribution agreements to continue delivering
Paramount's leading portfolio of broadcast, entertainment, news and
sports brands across Xfinity platforms.
The multi-year deals feature ongoing 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 popular streaming services across Paramount+,
Pluto TV and BET+. 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."
"Paramount Global is a valued partner, and we are excited to
continue providing Xfinity customers with access to their
traditional and streaming content across our industry-leading
entertainment platforms," said John
Dixon, Senior Vice President, Entertainment, Comcast
Cable. "This agreement gives us the ability to offer
customers more choice and flexibility in what they want to watch
and how they want to watch it."
Terms of the agreement were not disclosed.
About Paramount
Paramount Global (NASDAQ: PARA, PARAA) is a leading global
media, streaming and entertainment company that creates premium
content and experiences for audiences worldwide. Driven by iconic
consumer brands, Paramount's portfolio includes CBS, Paramount
Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount+ and
Pluto TV. Paramount holds one of the industry's most extensive
libraries of TV and film titles. In addition to offering innovative
streaming services and digital video products, the company provides
powerful capabilities in production, distribution, and advertising
solutions.
For more information about Paramount, please visit
www.paramount.com and follow @ParamountCo on social
platforms.
About Comcast Corporation
Comcast Corporation (Nasdaq: CMCSA) is a global media and
technology company. From the connectivity and platforms we provide,
to the content and experiences we create, our businesses reach
hundreds of millions of customers, viewers, and guests worldwide.
We deliver world-class broadband, wireless, and video through
Xfinity, Comcast Business, and Sky; produce, distribute, and stream
leading entertainment, sports, and news through brands including
NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible
theme parks and attractions to life through Universal Destinations
& Experiences. Visit www.comcastcorporation.com for more
information.
PARA-IR
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SOURCE Paramount Global
