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Paramount, Comcast renew multi-year carriage deal
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Paramount, Comcast renew multi-year carriage deal
Jan 7, 2025 6:42 AM

Jan 7 (Reuters) - Paramount Global ( PARAA ) has renewed

its distribution deal with Comcast ( CMCSA ), the companies said

on Tuesday, ensuring the cable systems and services provider

continues to offer the media giant's channels like CBS and

Nickelodeon.

The deal, terms of which were not disclosed, is an extension

of the original agreement from 2022.

It ensures Paramount's channels, which also include Comedy

Central and MTV, continue to reach over 14 million cable and 29

million broadband subscribers via Comcast's ( CMCSA ) Xfinity platform.

Comcast ( CMCSA ) subscribers will continue to have access to

Paramount's streaming services, including Paramount+, Pluto TV,

and BET+, under the renewal terms.

As part of the deal, Comcast ( CMCSA ) has the option to offer

Paramount+ with Showtime to eligible Xfinity customers.

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