Paramount (PARA,PARAA) and Sinclair, Inc. (SBGI) announced multi-year distribution agreements across all 21 CBS network affiliations for Sinclair stations, including six top-50 market affiliates. Sinclair's CBS affiliates will remain locally available to subscribers of Paramount+ with Showtime and will continue to be distributed across traditional MVPD and vMVPD platforms.
Also, Paramount reached an agreement to renew the affiliation of WTVH in Syracuse, NY and WGFL in Gainesville, FL, stations to which Sinclair provides services.
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.