CBS and DISH Reach Content Carriage Agreement

CBS Corporation (NYSE: CBS.A and CBS) and DISH Network L.L.C., a wholly owned subsidiary of DISH Network Corporation (DISH), have reached a multi-year agreement for carriage of CBS owned stations across the country, as well as CBS Sports Network, Smithsonian Channel, TVGN and Showtime Networks, which includes Showtime TV Everywhere and Video-on-Demand rights.

"We are very pleased with this deal, which meets all of our economic and strategic objectives," said Ray Hopkins, President, Television Networks Distribution, CBS Corporation. "We look forward to having DISH as a valued partner for many years to come."

"We are pleased to continue delivering CBS programming to our customers, while expanding their digital access to Showtime content through Showtime Anytime," said Warren Schlichting, DISH Senior Vice President, Programming.

Financial terms of the deal are not being disclosed. The agreement includes retransmission consent for CBS owned stations on DISH in New York (WCBS and WLNY), Los Angeles (KCBS and KCAL), San Francisco (KPIX and KBCW), Dallas (KTVT and KTXA), Denver (KCNC), Boston (WBZ and WSBK), Chicago (WBBM), Pittsburgh (KDKA and WPCW), Atlanta (WUPA), Baltimore (WJZ), Detroit (WWJ and WKBD), Miami (WFOR and WBFS), Minneapolis (WCCO), Philadelphia (KYW and WPSG), Sacramento (KOVR and KMAX), Seattle (KSTW) and Tampa (WTOG). The agreement also grants DISH rights to Showtime Video-on-Demand content and authentication rights for Showtime Anytime, and includes a path to over-the-top distribution of Showtime Networks.

The agreement will result in dismissal of all pending litigation between the two companies, including disputes over PrimeTime Anytime and AutoHop. As part of the accord, DISH's AutoHop commercial-skipping functionality will not be available for CBS Television Network-owned stations and affiliates during the C7 window.

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, TVGN (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 DISH

DISH Network Corporation (DISH), through its subsidiaries, provides approximately 14.041 million pay-TV subscribers, as of September 30, 2014, with the highest quality programming and technology with the most choices at the best value. Subscribers enjoy a high definition line-up with more than 200 national HD channels, the most international channels, and award-winning HD and DVR technology. DISH Network Corporation is a Fortune 250 company. Visit www.dish.com.

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