Verizon, CBS ink retrans, digital deal | Broadcast | News | Rapid TV News
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Verizon Communications and CBS have entered an arrangement in part enabling ongoing retransmission consent of CBS TV stations and distribution on Verizon FiOS TV of Showtime, Smithsonian Channel and CBS Sports Network.

cbs commentThe comms giant is also set to offer access to live, authenticated streaming on CBS.com, CBS' app and Verizon's own authenticated platform, with expansion across other digital platforms at points in the future also planned.

“We are very pleased to expand our terrific partnership with Verizon,” said Ray Hopkins, president, Television Networks Distribution, CBS. “The renewal of our FiOS content carriage agreement for various CBS networks and our expanded rights for future digital platforms is in line with our Company's strategy to deliver industry-leading content to viewers across multiple platforms and screens, while also achieving both our short and long-term economic goals.”

“With every carriage agreement, we focus on achieving an outcome that best serves FiOS customers based on the way they view today and the way they may want to view tomorrow, including across future digital platforms,” said Brian Angiolet, SVP, product and new business, Verizon. “Providing customers with choice remains at the core of all of our video offerings, and this agreement with CBS fits squarely into our strategy of expanding rights to fill out our emerging vertically integrated media portfolio.”

CBS-owned stations in Verizon Fios markets – including New York, Philadelphia, Boston, Baltimore and Pittsburgh, and CBS-owned The CW affiliates in Philadelphia and Pittsburgh – will continue to be distributed to Fios TV subscribers. This includes over three million subscribers served in markets where CBS owns television stations and almost one million subscribers in markets where CBS owns The CW affiliates. Fios has approximately 4.7 million subscribers in total. Fios TV will also continue to provide – free to the viewer – Network video on demand for the Fios TV platform, plus the continued carriage of the CBS networks named above.

The terms of the deal remain confidential.