SYS-CON MEDIA Authors: Avi Rosenthal, Pat Romanski, Sean Houghton, Glenn Rossman, Ignacio M. Llorente

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CBS Corporation and Hulu Plus Expand Licensing Deal for Library Content on Hulu Plus

CBS Corporation (NYSE: CBS.A and CBS) and Hulu announced today the expansion of a non-exclusive, multi-year licensing agreement to stream programs from CBS's rich television library on the Hulu Plus subscription service. Terms of the deal were not disclosed.

Hulu Plus subscribers will now have access to over 5,300 episodes from popular CBS library programming. New series joining the service include “Undercover Boss,” “United States of Tara,” “Everybody Loves Raymond,” “Ghost Whisperer,” and classics including “Taxi,” “The Brady Bunch,” “Laverne & Shirley,” “Melrose Place,” and “7th Heaven,” among many others.

The 2,600 episodes added as part of the deal being announced today, are in addition to the more than 2,700 episodes of popular CBS TV shows already on the Hulu Plus service including “The Good Wife,” “CSI: Miami,” “The Amazing Race,” “I Love Lucy,” “Star Trek,” and “Sabrina the Teenage Witch.” The new CBS episodes will begin to appear on Hulu Plus in the coming weeks, with a selection of CBS library shows rotating through the free Hulu.com service.

“CBS programming on Hulu Plus has performed exceptionally well,” said Scott Koondel, Chief Corporate Content Licensing Officer, CBS Corporation. “We’re thrilled to expand our relationship with them, providing more terrific CBS content to their growing base of subscribers.”

“With the newly expanded CBS content library, Hulu Plus subscribers will be treated to some of the most significant shows ever seen on television,” said Hulu CEO Mike Hopkins. “From ‘Happy Days’ to ‘Cheers’ and ‘Everybody Loves Raymond,’ these hit shows defined their eras, and we’re thrilled to offer full seasons to be enjoyed by new and loyal audiences anytime, anywhere.”

CBS and Hulu Plus also recently announced an exclusive subscription video on demand agreement for previous seasons of the crime drama “Elementary” and a separate deal to stream previous seasons of the police procedural “Blue Bloods.”

CBS and Hulu previously announced licensing agreements for CBS library programming in November 2012.

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, outdoor advertising, 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), Showtime Networks, CBS Sports Network, TVGN (a joint venture between CBS Corporation and Lionsgate), Smithsonian Networks, Simon & Schuster, CBS Television Stations, CBS Radio, CBS Outdoor, CBS Television Studios, CBS Global Distribution Group (CBS Studios International and CBS Television Distribution), CBS Interactive, CBS Consumer Products, CBS Home Entertainment, CBS Films and CBS EcoMedia. For more information, go to www.cbscorporation.com.

About Hulu

Hulu is an online TV service whose mission is to help people find and enjoy the world's premium content when, where and how they want. As we pursue this mission, we aspire to create a service that users, advertisers and content owners unabashedly love. (www.hulu.com)

About Hulu Plus

Hulu Plus offers unlimited instant streaming of current hit shows. Available on TVs and many other internet connected devices in HD for $7.99 a month.

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