Paramount Global and Comcast Renew Distribution Agreements

Paramount Global, which is poised for acquisition by David Ellison’s Skydance Media, along with NBCUniversal parent Comcast, announced on Tuesday the renewal of extensive distribution agreements. This collaboration aims to maintain the delivery of Paramount’s prominent portfolio of broadcast, entertainment, news, and sports brands across Xfinity platforms.

Specific financial terms and timelines were not disclosed.

The multiyear agreements guarantee the carriage of Paramount’s networks, which include CBS, BET, Comedy Central, MTV, Nickelodeon, and Paramount Network, among others. Comcast subscribers will also continue to have access to Paramount’s streaming services, such as Paramount+, Pluto TV, and BET+. Furthermore, as part of this renewal, Comcast will have the right to offer Paramount+ with Showtime to qualifying Xfinity customers.

“We are pleased to renew and expand upon our broad partnership with Comcast,” stated Ray Hopkins, president of Paramount Distribution. “This new deal ensures that our dynamic portfolio of popular brands and premium programming continues 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,” remarked John Dixon, senior vice president of entertainment at Comcast Cable. “This agreement enhances our ability to offer customers more choice and flexibility in their viewing preferences.”

Person: David Ellison, Ray Hopkins, John Dixon
Company Names: Paramount Global, Skydance Media, NBCUniversal, Comcast, CBS, BET, Comedy Central, MTV, Nickelodeon, Paramount Network, Paramount+, Pluto TV, BET+
Titles: None

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