TEGNA and CBS Renew Affiliation Agreement
August 27 2015 - 10:00AM
Business Wire
10 Million Television Households Across 10 Markets Covered in
New Deal
New Deal Includes Launch of CBS All Access
CBS Corporation (NYSE: CBS.A and CBS) and TEGNA Inc. (NYSE:
TGNA) have announced a comprehensive deal that renews station
affiliation agreements for 10 TEGNA Media markets nationwide. The
markets renewed cover over nine percent of the U.S. and serve more
than 10 million households.
The new deal also includes TEGNA’s participation in CBS All
Access, the company’s digital subscription, video on demand and
Nielsen-measured live streaming service. The addition of all TEGNA
CBS-affiliated stations will expand the live linear feed coverage
of CBS All Access to 85 percent of U.S. households by year-end.
“TEGNA is an important and valued broadcasting partner,” said
Ray Hopkins, President, Television Networks Distribution, CBS
Corporation. “We are pleased that in extending this deal, our
largest affiliate station group realizes the value CBS programming
provides to their stations. The broad launch of CBS All Access by
every TEGNA CBS-affiliated station is indicative of our strong
partnership with TEGNA, which we look forward to continuing to
build upon for many years to come.”
“This agreement will benefit both companies in the near and
long-term,” said Dave Lougee, President, TEGNA Media. “TEGNA Media
is a longtime proud partner of the CBS Television Network, and we
look forward to a strong relationship for years to come.”
The agreement includes renewals for TEGNA-owned CBS affiliates:
WUSA in Washington, D.C.; WTSP in Tampa, FL.; WFMY in Greensboro,
NC; KTHV in Little Rock, AR; WLTX in Columbia, SC; WMAZ in Macon,
GA; KREM in Spokane, WA; KHOU in Houston, TX; KENS in San Antonio,
TX; and WWL in New Orleans, LA.
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, radio, local TV, film, and interactive and socially
responsible media. CBS’s businesses include CBS Television Network,
The CW (a joint venture between CBS Corporation and Warner
Bros. Entertainment), CBS Television Studios, CBS Global
Distribution Group (CBS Studios International and CBS Television
Distribution), CBS Consumer Products, CBS Home Entertainment, CBS
Interactive, CBS Films, Showtime Networks, CBS Sports Network, Pop
(a joint venture between CBS Corporation and Lionsgate),
Smithsonian Networks, Simon & Schuster, CBS Television
Stations, CBS Radio and CBS EcoMedia. For more information, go to
www.cbscorporation.com.
About TEGNA
TEGNA Inc. (NYSE: TGNA), formerly Gannett Co., Inc., is
comprised of a dynamic portfolio of media and digital businesses
that provide content that matters and brands that deliver. TEGNA
reaches more than 90 million Americans and delivers highly
relevant, useful and smart content, when and how people need it, to
make the best decisions possible. TEGNA Media includes 46
television stations (including those serviced by TEGNA) and is the
largest independent station group of major network affiliates in
the top 25 markets, reaching approximately one-third of all
television households nationwide. TEGNA Digital is comprised of
Cars.com, the leading online destination for automotive consumers,
CareerBuilder, a global leader in human capital solutions, and
other powerful brands such as G/O Digital, Clipper and Sightline
Media Group. For more information, visit www.TEGNA.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20150827005520/en/
For CBS media inquiries, contact:Dana
McClintock212-975-1077dlmcclintock@cbs.comorKelli Raftery818-655-1598kelli.raftery@cbs.comorFor
TEGNA media inquiries, contact:Jeremy GainesVice President,
Corporate Communications703-854-6049jmgaines@TEGNA.comorFor
investor inquiries, contact:Jeffrey HeinzVice President,
Investor Relations703-854-6917jheinz@TEGNA.com
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