CBS, Showtime sign distribution deal with streaming TV service FuboTV

CBS
With the addition of CBS’s networks, FuboTV’s lineup now includes more than 60 channels.

CBS Corp. has officially agreed to add its broadcast and cable TV networks, including CBS, Showtime and The CW, to FuboTV’s lineup.

The deal also includes CBS Sports Network, Pop and CBSN, CBS News’ 24/7 digital streaming news service. All the included networks will be available for live streaming and on-demand access in FuboTV’s Premiere package.

All CBS-owned local television stations will be available at launch—in markets including Chicago, Los Angeles and New York City—and later this summer, FuboTV will add the ability to stream CBS-owned local CW affiliates. Financial terms of the local TV station agreements were not disclosed but FuboTV and CBS said that all affiliates of CBS and The CW will have the opportunity to participate.

FREE DAILY NEWSLETTER

Like this story? Subscribe to FierceVideo!

The Video industry is an ever-changing world where big ideas come along daily. Cable, Media and Entertainment, Telco, and Tech companies rely on FierceVideo for the latest news, trends, and analysis on video creation and distribution, OTT delivery technologies, content licensing, and advertising strategies. Sign up today to get news and updates delivered to your inbox and read on the go.

Showtime will be offered as a separate add-on.

With the addition of CBS’s networks, FuboTV’s lineup now includes more than 60 channels. FuboTV already has deals in place with NBC and Fox that include access to those network’s broadcast channels and O&O TV stations. The company also has deals set with Spanish-language broadcasters Univision, UniMas and Telemundo.

RELATED: FuboTV lands another $55M in funding from Fox, Sky and Scripps

For FuboTV, the CBS deal comes just days after the company announced a new $55 million round of funding headed by 21st Century Fox, Sky and Scripps Networks Interactive. FuboTV said it intended to use the funding to expand programming in its basic lineup, which it just did.

“Closing this latest round of funding is testament to our ability to execute efficiently in a very competitive market, and to our investors’ acute understanding of the future of our industry. Long term, we are best positioned to drive value for all major media companies and consumers in the U.S. and abroad,” said FuboTV CEO David Gandler in a statement.

For CBS, the deal puts its networks on another virtual MVPD and potentially expands the availability of CBS’s affiliated stations on digital platforms.

Last month, CBS announced a new expanded agreement with the CBS Affiliate Board to help grow CBS local affiliates’ presence on digital services. The deal covers continued participation in CBS All Access and extends opportunities for local broadcasters to participate in virtual MVPDs like Hulu’s live TV, Google's YouTube TV and “future new entrants.”

Suggested Articles

There is no one size fits all strategy when it comes to using multi-CDNs to deliver video.

Ad-supported video streaming service Tubi says it now has more than 20 million monthly active users after record growth throughout the first half of 2019.

Viacom’s BET Networks is launching its own subscription video streaming service, BET+, as a joint venture with Tyler Perry Studios. The service is launching in…