On Epic Week For Paramount Global, Company Extends Carriage Talks With Charter
deadline.comParamount Global, which is in the midst of corporate upheaval on a number of fronts, got a slight reprieve in one key area, extending carriage negotiations with Charter Communications.
In just the past 48 hours, the media company has seen the exit of CEO Bob Bakish, the closely watched release of first-quarter earnings and a revised acquisition offer from Skydance Media.
The expiration of the current agreement between the companies was set to expire Tuesday at midnight. The extension of talks was confirmed to Deadline by sources familiar with the negotiations.
It was unclear if there would be a firm revised deadline put in place, but talks are ongoing. No on-screen crawls or ominous email warnings to customers have yet been deployed, signaling that the parties are aiming to reach a settlement without fireworks – at least as of now.
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