CBS and Hearst Television Announce Network Affiliation Agreement Renewals

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Agreement Extends Network Affiliation for Hearst’s Owned and Operated CBS-Affiliated Television Stations

NEW YORK – August 29, 2018 – CBS Corporation (NYSE: CBS.A and CBS) and Hearst Television today announced a multi-year deal that renews station affiliation agreements for Hearst Television’s CBS-affiliated owned and operated stations WLKY-TV in Louisville, Ky., and KCCI-TV in Des Moines, Iowa. Both stations are #1 in primetime and total-day in their respective markets.

We are pleased we have extended our long-term relationship with our valued partner Hearst Television,” said Ray Hopkins, President of Network Distribution for the CBS Television Network. “In renewing this deal, it is clear that Hearst recognizes the value that the #1 Network brings to the viewers in each market.”

“The combination of the CBS Network and the market leadership of WLKY in Louisville and KCCI in Des Moines is a best-in-class value proposition for our viewers and advertisers,” said Jordan Wertlieb, Hearst Television president. “We are truly excited to continue our partnership with CBS as we continue to serve these communities with quality news, entertainment and sports programming.”

Combined, these two stations serve over 1 million households.

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, local TV, film, and interactive and socially responsible media. CBS’ businesses include CBS Television Network, The CW (a joint venture between CBS Corporation and Warner Bros. Entertainment), Network Ten Australia, CBS Television Studios, CBS Studios International, CBS Television Distribution, CBS Consumer Products, CBS Home Entertainment, CBS Interactive, CBS Films, Showtime Networks, CBS Sports Network, Pop (a joint venture between CBS Corporation and Lionsgate), Smithsonian Networks, Simon & Schuster, CBS Television Stations, CBS EcoMedia, and CBS Experiences. For more information, go to www.cbscorporation.com.

About Hearst Television

Hearst Television owns and operates television and radio stations serving 26 media markets across 39 states reaching over 21 million U.S. television households. Through its partnership with nearly all of the major networks, Hearst Television distributes national content over nearly 70 video channels including programming from ABC, NBC, CBS, CW, MY Net, MeTV, This TV, Estrella and more. The radio stations are leaders in Baltimore news/talk and rock music listenership. Hearst Television is recognized as one of the industry’s premier companies, and has been honored with numerous awards for distinguished journalism, industry innovation, and community service. Hearst Television is a wholly owned subsidiary of Hearst.

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