Paramount, Charter Communications Carriage Negotiations to Continue, Averting Blackout

In the midst of a chaotic week that saw the exit of CEO Bob Bakish, Paramount Global extended carriage negotiations with Charter Communications on Tuesday, hours ahead of the current agreement’s expiration at midnight.

A spokesperson for Paramount declined to comment on how long the extension would be, but emphasized there would be no disruption to programming.

The extension comes after Paramount’s release of its first-quarter earnings results for 2024 and amid merger talks between the studio and David Ellison’s Skydance Media, with other suitors waiting in the wings.

An individual familiar with negotiations previously told TheWrap that it is unlikely that the Skydance deal would be reached before the exclusivity window expires on May 3. It is unclear if that window will be extended.

Bakish officially stepped down from his role atop the company, the entertainment giant announced Monday. He will remain with the company as a senior advisor through Oct. 31 to help ensure a seamless transition of his duties.

Deadline first reported this story.

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