CBS Renews Carriage Deal With Sony PlayStation Vue
CBS said it reached a deal to continue carriage of its networks on Sony Interactive Entertainment’s PlayStation Vue streaming service.
The agreement covers carriage of CBS owned station and affiliates, as well as Showtime, CBS Sports Network, CBSN and Pop.
Financial terms were not disclosed.
We are very pleased to extend our partnership with PlayStation Vue,” said Ray Hopkins, President, Television Networks Distribution, CBS Corporation. “The renewal of this agreement for various CBS networks enables us to continue to bring CBS’ world-class content to the audiences we share.”
CBS has said that it makes more money per subscriber from virtual multichannel video programming distributors like PlayStation Vue than via traditional distributors, such as cable operators and satellite companies.
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Jon has been business editor of Broadcasting+Cable since 2010. He focuses on revenue-generating activities, including advertising and distribution, as well as executive intrigue and merger and acquisition activity. Just about any story is fair game, if a dollar sign can make its way into the article. Before B+C, Jon covered the industry for TVWeek, Cable World, Electronic Media, Advertising Age and The New York Post. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago.