ViacomCBS and Altice USA Renew Distribution Agreement
October 18 2021 - 9:00AM
Business Wire
ViacomCBS Inc. (NASDAQ: VIAC, VIACA) and Altice USA (NYSE: ATUS)
today announced a comprehensive agreement for the continued
carriage of ViacomCBS’ leading portfolio of broadcast,
entertainment, news and sports networks for Altice USA’s Optimum
and Suddenlink customers. The deal also provides Altice USA with
rights to ViacomCBS’ suite of streaming services, including
Paramount+, SHOWTIME® OTT, Pluto TV, BET+ and Noggin.
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“We are pleased to have reached a new multi-year agreement with
our partners at Altice USA that underscores the strength of
ViacomCBS’ brands and streaming services,” said Ray Hopkins,
President, U.S. Networks Distribution, ViacomCBS. “Altice USA
through its Optimum and Suddenlink brands is an important partner
and we look forward to continuously serving subscribers with our
outstanding collection of content.”
Yossi Benchetrit, Altice USA’s Chief Programming and Procurement
Officer, added: “As Altice USA continues to focus on providing our
Optimum and Suddenlink customers with a robust array of content to
meet their evolving entertainment needs, we are pleased to reach a
new agreement with ViacomCBS that ensures the continued delivery of
their networks plus added rights to the ViacomCBS streaming
services portfolio.”
ViacomCBS and Altice USA will continue to collaborate on
addressable media and advanced advertising capabilities.
Other terms of the agreement were not disclosed.
ABOUT VIACOMCBS
ViacomCBS Inc. (NASDAQ: VIAC; VIACA) is a leading global media
and entertainment company that creates premium content and
experiences for audiences worldwide. Driven by iconic consumer
brands, its portfolio includes CBS, SHOWTIME, Paramount Pictures,
Nickelodeon, MTV, Comedy Central, BET, Paramount+ and Pluto TV,
among others. The company delivers the largest share of the
television audience in the United States and one of the industry’s
most extensive libraries of television and film titles. In addition
to offering innovative streaming services and digital video
products, ViacomCBS provides powerful capabilities in production,
distribution and advertising solutions.
For more information about ViacomCBS, please visit
www.viacomcbs.com and follow @ViacomCBS on social platforms.
VIAC-IR
ABOUT ALTICE USA
Altice USA is one of the largest broadband communications and
video services providers in the United States, delivering
broadband, video, mobile, proprietary content and advertising
services to more than 5 million residential and business customers
across 21 states through its Optimum and Suddenlink brands. The
company operates a4, an advanced advertising and data business,
which provides audience-based, multiscreen advertising solutions to
local, regional and national businesses and advertising clients.
Altice USA also offers hyper-local, national, international and
business news through its News 12, Cheddar News and i24NEWS
networks.
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Media
ViacomCBS Bridget Darcey Bridget.darcey@viacomcbs.com
Altice USA Janet Meahan janet.meahan@alticeusa.com
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