Companies Expand Relationship to Include Original Content
Co-Production and Collaboration Around Advanced Advertising
NEW YORK & STAMFORD, Conn.--(BUSINESS WIRE)--
Viacom Inc. (NASDAQ:VIAB, VIA) and Charter Communications, Inc.
(NASDAQ:CHTR) today announced a multi-year renewal and expansion
of their distribution relationship, as well as a new partnership for the
co-production of original content, and collaboration around advanced
This press release features multimedia. View the full release here:
In connection with the renewal, Charter will provide Spectrum
subscribers Viacom's networks, including Nickelodeon, BET, MTV, Comedy
Central, Spike (Paramount Network), VH1, TV Land and CMT, on the
Spectrum Select tier across its systems. Additional Viacom networks will
continue to be available on Spectrum Silver or Spectrum Gold tiers.
Subscribers will continue to enjoy on-demand access to Viacom's content
on both set-top boxes and through both Charter's and Viacom's
Viacom and Charter have also entered into a partnership for
co-production of new original content that will exclusively premiere for
subscribers on Charter's platform in the U.S. Under the agreement,
Viacom's Paramount Television and Charter will jointly produce
programming. Viacom will distribute the co-produced programming
internationally, as well as in additional domestic markets, including
potentially on Viacom Networks, after Charter's premiere period.
Additionally, the companies have agreed to collaborate on the use of
anonymized viewership data, on advanced advertising opportunities, and
on addressing unauthorized password sharing.
Other terms of the agreements were not disclosed.
Charter Communications Inc. (NASDAQ:CHTR) is a leading broadband
communications company and the second largest cable operator in the
United States. Charter provides a full range of advanced broadband
services, including Spectrum TV™ video entertainment programming,
Spectrum Internet™ access, and Spectrum Voice™. Spectrum Business®
similarly provides scalable, tailored, and cost-effective broadband
communications solutions to business organizations, such as
business-to-business Internet access, data networking, business
telephone, video and music entertainment services, and wireless
backhaul. Charter's advertising sales and production services are sold
under the Spectrum Reach™ brand. Charter's news and sports networks are
operated under the Spectrum Networks brand. More information about
Charter can be found at charter.com.
Viacom is home to premier global media brands that create compelling
entertainment content - including television programs, motion pictures,
short-form content, apps, games, consumer products, podcasts, live
events and social media experiences - for audiences in more than 180
countries. Viacom's media networks, including Nickelodeon, Nick Jr.,
MTV, BET, Comedy Central, Spike (to be rebranded as Paramount Network in
the U.S.), VH1, TV Land, CMT, Logo, Channel 5 (UK), Telefe (Argentina),
Colors (India) and Paramount Channel, reach approximately 4.3 billion
cumulative television subscribers worldwide. Paramount Pictures is a
major global producer and distributor of filmed entertainment. Paramount
Television develops, finances and produces original programming for
television and digital platforms.
For more information about Viacom and its businesses, visit www.viacom.com.
Keep up with Viacom news by following Viacom's blog at blog.viacom.com
and Twitter feed at www.twitter.com/viacom
View source version on businesswire.com: http://www.businesswire.com/news/home/20171115005347/en/
Charter Communications, Inc.
Jeremy Zweig, 212-846-7503
Source: Viacom Inc.
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