NEW YORK and TYSONS, Va.,
June 6, 2019 /PRNewswire/ -- CBS
Corporation (NYSE: CBS.A and CBS) and TEGNA Inc. (NYSE: TGNA) today
announced a comprehensive, multi-year deal that renews station
affiliation agreements for 11 TEGNA markets nationwide, including
two top 10 markets – Washington,
D.C. and Houston, Texas.
The 11 markets renewed cover 10% percent of the U.S. audience and
nearly 11 million households.
TEGNA CBS affiliates are also locally available to subscribers
of CBS All Access, the Network's subscription video on
demand streaming platform.
"TEGNA is a valued and longtime CBS partner," said Ray Hopkins, President, Television Networks
Distribution, CBS Corporation. "We are pleased to extend this
important relationship between America's #1 Network and an
industry-leading local broadcaster. We look forward to continuing
this great relationship delivering premium content to the viewers
we both serve."
"CBS and TEGNA have a valuable partnership that serves
communities across the country with a powerful combination of
premium national and local content. We value our partnership with
CBS and are pleased to extend our long-standing relationship," said
Dave Lougee, President and CEO,
TEGNA. "This multi-year agreement enables our stations to continue
providing consumers and advertisers with must-have local and
network content on multiple platforms."
The agreement includes renewals for these TEGNA-owned CBS
affiliates: WLTX in Columbia,
S.C.; WFMY in Greensboro,
N.C.; KHOU in Houston,
Texas; KTHV in Little Rock,
Ark.; WMAZ in Macon, Ga.;
WWL in New Orleans, La.; KENS in
San Antonio, Texas; KREM in
Spokane, Wash.; WTSP in
Tampa, Fla.; KYTX in Tyler, Texas; and WUSA in Washington, D.C.
About CBS Corporation:
CBS Corporation (NYSE: CBS.A and CBS) is a mass media company
that creates and distributes industry-leading content across a
variety of platforms to audiences around the world. The Company has
businesses with origins that date back to the dawn of the
broadcasting age as well as new ventures that operate on the
leading edge of media. CBS owns the most-watched television network
in the U.S. and one of the world's largest libraries of
entertainment content, making its brand -- "the Eye" -- one of the
most-recognized in business. The Company's operations span
virtually every field of media and entertainment, including cable,
publishing, local TV, film and interactive. CBS' businesses include
CBS Television Network, The CW (a joint venture between CBS
Corporation and Warner Bros. Entertainment), Network 10 Australia,
CBS Television Studios, CBS Global Distribution Group, CBS Consumer
Products, CBS Home Entertainment, CBS Interactive, CBS All Access,
the Company's direct-to-consumer digital streaming subscription
service, CBS Sports Network, CBS Films, Showtime Networks, Pop,
Smithsonian Networks, Simon & Schuster, CBS Television Stations
and CBS Experiences. For more information, go to
www.cbscorporation.com.
About TEGNA
TEGNA Inc. (NYSE: TGNA) is an innovative media company that
serves the greater good of our communities. With 49 television
stations and two radio stations in 41 markets, TEGNA delivers
relevant content and information to consumers across platforms. It
is the largest owner of top 4 affiliates in the top 25 markets,
reaching approximately one-third of all television households
nationwide. Each month, TEGNA reaches 50 million adults on-air and
approximately 35 million across its digital platforms. TEGNA has
been consistently honored with the industry's top awards, including
Edward R. Murrow, George Polk, Alfred I.
DuPont and Emmy Awards. TEGNA also delivers innovative and
unparalleled solutions for advertisers through TEGNA Marketing
Solutions (TMS). TMS is a one-stop shop that helps businesses
thrive through an unmatched suite of services and solutions that
reach consumers across television, email, social and over-the-top
(OTT) platforms, including Premion, TEGNA's OTT advertising
service. Across platforms, TEGNA tells empowering stories, conducts
impactful investigations and delivers innovative marketing
solutions. For more information, visit www.TEGNA.com.
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SOURCE CBS Corporation