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07.28.2005

CBS NEWS AND TOKYO BROADCASTING SYSTEM SIGN MULTI-YEAR DEAL FOR NEWS SERVICES

CBS News and TBS to Continue Sharing News Coverage


July 28, 2005, New York, NY – CBS News and Tokyo Broadcasting System (TBS) have concluded a new multi-year agreement that extends the longstanding newsgathering relationship between the two companies, it was announced today jointly by Armando Nunez, President, CBS Paramount International Television; Andrew Heyward, President, CBS News; and Yukio Sunahara, Chairman, Tokyo Broadcasting System. The deal was signed today at CBS’s corporate headquarters in New York.

The long-term agreement gives TBS News exclusive access to CBS News programs and news coverage and provides for worldwide cooperation between the two news organizations. CBS News also receives access to TBS’s coverage under the extension. TBS receives more than 300 stories each day from CBS NEWSPATH, the world's largest satellite newsgathering system, and have access to the NEWSPATH Live News Center in New York.

The agreement between CBS News and Tokyo Broadcasting System extends one of the longest relationships between international broadcast news organizations. TBS and CBS News host one another’s bureaus in Tokyo and New York and jointly cover major stories. The two organizations are leaders in satellite newsgathering in their countries and are both members of ENEX, the European News Exchange.

According to Yukio Sunahara, Chairman of Tokyo Broadcasting System,Inc., “This cooperative relationship with CBS News is extremely significant in the globalization of broadcasting and media. This new agreement just extended originates a stronger partnership. We look forward to further strengthening it in an even wider field.”

Added Shigenori Kanehira, President, TBS News, “The long-running association between TBS and CBS News is completely unique. TBS News is working hard to be the strongest source of news in Japan. I believe our relationship with CBS News is a key element in reaching our goal.”

"Our longstanding partnership with TBS News is founded on mutual respect, shared and deeply held beliefs in journalistic excellence and a common appreciation for the challenges and opportunities that lie ahead," said Andrew Heyward. "Over the years, it has evolved beyond a professional relationship into a friendship as well, and I am thrilled that we will be working together for many years to come."

"We greatly value our relationship with Mr. Sunahara and TBS News,” commented Armando Nunez. He continued, “In an ever changing industry, we take pride in being able to maintain this longstanding relationship.”

Tokyo Broadcasting System, Inc. is a major commercial broadcasting company in Japan. It operates television and radio networks, with 28 television and 34 radio affiliates and an audience of more than 45 million households throughout the country. TBS also operates a 24-hour satellite news network and additional satellite direct channels through its subsidiary BS-i.

The CBS News Division operates a worldwide news organization serving the CBS Television and Radio Networks and CBSNews.com with regularly scheduled news and public affairs programming – including, among others, the CBS EVENING NEWS, THE EARLY SHOW, 60 MINUTES, 48 HOURS MYSTERY, FACE THE NATION, UP TO THE MINUTE and SUNDAY MORNING – and special reports on breaking news. The division maintains 19 news bureaus and offices in the United States and abroad in addition to its world headquarters in New York.

CBS Paramount International Television is one of the most diverse suppliers of current and library programming to the international television marketplace featuring drama, comedy, talk, court, game shows, entertainment news, news, movies of the week and feature films from a catalog of over 60,000 hours of programming, including over 3,600 feature films. CBS Paramount International Television is a unit of Viacom, Inc.


Press Contacts:

Tokyo Broadcasting System
Makoto Hoshino
TBS News
(011)3-5571-3247
hoshino@best.tbs.co.jp