Multi-Year Deals Span 23 CBS Affiliates Serving
Over Ten Million Television Households and Includes Several
Early Renewals
NEW
YORK and BALTIMORE,
Oct. 27,
2023 /PRNewswire/ -- Paramount (NASDAQ: PARA; PARAA)
and Sinclair, Inc. (NASDAQ: SBGI) ("Sinclair"), today announced
comprehensive, multi-year distribution agreements across all 21 CBS
network affiliations for Sinclair stations, including six top-50
market affiliates, KUTV in Salt Lake
City, UT, KEYE in Austin,
TX, WKRC in Cincinnati, OH,
WPEC in West Palm Beach, FL, WWMT
in Grand Rapids, MI and WHP in
Harrisburg, PA. Additionally,
Paramount reached an agreement to renew the affiliation of WTVH in
Syracuse, NY and WGFL in
Gainesville, FL, stations to which
Sinclair provides services.
Sinclair is one of the largest operators of CBS affiliates, and
the 23 markets combined reach 8% of the U.S. audience serving over
10 million television households. Sinclair's CBS affiliates will
remain locally available to subscribers of Paramount+ with Showtime
and will continue to be widely distributed across traditional MVPD
and vMVPD platforms.
The agreement consists of renewals for the following CBS
affiliates: WRGB in Albany, NY;
KEYE in Austin, TX; KBAK in
Bakersfield, CA; KFDM in
Beaumont, TX; KBOI in Boise, ID; KGAN in Cedar Rapids, IA; WKRC in Cincinnati, OH; KRCG in Columbia, MO; KDBC in El Paso, TX; KVAL in Eugene, OR; WGFL in Gainesville, FL; WWMT in Grand Rapids, MI; WHP in Harrisburg, PA; KTVL in Medford, OR; KTVO in Ottumwa, IA; WGME in Portland, ME; KHQA in Quincy, IL; KUTV in Salt Lake City, UT; KPTH in Sioux City, IA; WSBT in South Bend, IN; WTVH in Syracuse, NY; WPEC in West Palm Beach, FL; and KIMA in Yakima, WA.
About Paramount
Paramount (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, its portfolio includes CBS, Showtime Networks, Paramount
Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount+ and
Pluto TV. The company 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, Paramount 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.
PARA-IR
About Sinclair, Inc.
Sinclair, Inc. (Nasdaq: SBGI) is a diversified media company and
a leading provider of local news and sports. The Company owns,
operates and/or provides services to 185 television stations in 86
markets affiliated with all the major broadcast networks; owns
Tennis Channel and multicast networks Comet, CHARGE!, TBD and The
Nest; and owns and provides services to 21 regional sports network
brands. Sinclair's content is delivered via multiple platforms,
including over-the-air, multi-channel video program distributors,
and the nation's largest streaming aggregator of local news
content, NewsON. The Company regularly uses its website as a key
source of Company information which can be accessed at
www.sbgi.net.
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SOURCE Paramount Global