Paramount, Charter Communications sign new content distribution deal

(Reuters) – Paramount Global has signed a new multi-year content distribution deal with Charter Communications for its full portfolio of linear cable networks, the companies said on Thursday.

The companies did not disclose the financial terms of the deal, in which the ad-supported versions of Paramount’s direct-to-consumer services, Paramount+ Essential and BET+ Essential, will be included at no extra cost to Charter’s Spectrum TV customers.

Charter will also make Paramount’s direct-to-consumer products available for purchase to its millions of Internet-only customers.

It will continue to carry CBS owned-and-operated broadcast stations and all of Paramount’s current cable networks and Paramount+, the companies said.

(Reporting by Jaspreet Singh in Bengaluru; Editing by Arun Koyyur)