PR98599

LONDON, Nov. 3, 2022 /PRNewswire=KYODO JBN/ --

--Renewed deal will see SVOD service Paramount+ debut on Virgin TV in 2023 and

wider distribution of Pluto TV, the leading free, ad-supported TV (FAST)

service

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Paramount and Virgin Media have today announced a new multi-year distribution

agreement, extending their existing long-term partnership across Paramount's

streaming services and linear channels in the UK.

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The renewed partnership will see Paramount+, the global subscription

video-on-demand (SVOD) service, debut on Virgin TV in 2023. Full app

integration on Virgin Media's set-top boxes will offer customers the

opportunity to access more than 8000 hours of exclusive originals, blockbuster

films, and iconic series across every genre from Paramount's world-renowned

brands and production studios, including SHOWTIME(R) and Paramount Pictures.

Under the new deal, Pluto TV, the leading free, ad-supported TV (FAST) service,

will also gain wider UK distribution on Virgin Media's cutting-edge TV360 and

Stream services, reaching new customers and providing access to more than 100

curated channels, including Hell's Kitchen, CSI: Miami and MTV Movie Hits,

seasonal and thematic channels like Pluto TV Halloween and Pluto TV Crime, and

a range of movies and on-demand series. 2023 will also see Pluto TV's channel

line-up launch on a dedicated FAST section of Virgin TV's electronic programme

guide, allowing customers seamless access to the channels.

Virgin Media TV customers will continue to enjoy thousands of hours of

entertainment from Paramount's pay TV brands MTV, Comedy Central, and

Nickelodeon, as well as ongoing distribution of free-to-air brand Channel 5,

its digital channel portfolio and Channel 5's on-demand service My5.

Sarah Rose, Chief Operations and Commercial Officer, UK & Canada, at Paramount,

said: "Our long partnership with Virgin Media continues to help us unlock the

power of Paramount's content. The wider distribution of our SVOD and FAST

services, Paramount+ and Pluto TV, will support our ambitious growth plans for

streaming in the UK, as well as our popular free-to-air and pay TV channel

portfolios."

David Bouchier, Chief TV and Entertainment Officer at Virgin Media O2, said:

"We're constantly looking to give our customers even more great entertainment

to enjoy whenever and wherever they want to. Our enhanced partnership with

Paramount offers access not only to award-winning drama, comedy, music and

kids' channels, but also FAST channels via Pluto TV and premium SVOD with

Paramount+.  This is fantastic news for our customers and gives them even more,

to look forward to next year."

About Paramount Global

Paramount Global (NASDAQ: PARA, PARAA) is a leading global media and

entertainment company that creates premium content and experiences for

audiences worldwide. Driven by iconic studios, networks and streaming services,

its portfolio of consumer brands includes CBS, Showtime Networks, Paramount

Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount+, Pluto TV and Simon

& Schuster, among others. The company delivers the largest share of the U.S.

television audience and boasts one of the industry's most important and

extensive libraries of TV and film titles. In addition to offering innovative

streaming services and digital video products, Paramount Global provides

powerful capabilities in production, distribution and advertising solutions.

For more information about Paramount, please visit www.paramount.com and follow

@ParamountCo on social platforms.

PARA-IR

About Virgin Media O2

Virgin Media O2 launched on 1 June 2021, combining the UK's largest and most

reliable mobile network with a broadband network offering the fastest

widely-available broadband speeds. It is a customer-first organisation that

brings a range of connectivity services together in one place with a clear

mission: to upgrade the nation. Virgin Media O2 is the corporate brand of the

50:50 joint venture between Liberty Global and Telefónica SA, and one of the

UK's largest businesses.

Virgin Media O2 completed its roll out of gigabit broadband speeds across its

entire network footprint in 2021 and plans to upgrade its fixed network to full

fibre to the premises with completion in 2028. In January 2022, it also

announced that it would be the only major mobile network that isn't bringing

back roaming charges in Europe.

Today, the business delivers award-winning broadband and WiFi connectivity to

homes as well as providing a connected entertainment service. This brings

together live TV, thousands of hours of on-demand programming and a

wide-selection of apps to customers through a set-top box and on-the-go through

tablets and smartphones.

It also provides 2G, 3G, 4G and 5G mobile services, and is the network of

choice for mobile virtual network operators giffgaff, Sky Mobile and

Lycamobile, as well as managing a 50:50 joint venture with Tesco for Tesco

Mobile.

Virgin Media O2 Business plays a leading role in supporting the public sector

and businesses of all sizes. This includes a variety of managed connectivity

services and flexible working capabilities, security, data insight, 5G private

networks and cloud solutions, as well as wholesale services to other operators

and partners.

Virgin Media O2 is committed to using the power of connectivity to supercharge

communities across the UK, taking action to close the digital divide and

helping to build an inclusive, resilient, and low carbon economy. The company

has set an ambitious commitment to achieve net zero carbon across its

operations, products and supply chain by the end of 2040.

SOURCE: Paramount Global

Media contacts: Paramount: Harriet Otoo | harriet.otoo@vimn.com | +44

(0)7974307199; Ashley Priest | ashley.priest@paramount.com | +1 (646) 285-6081;

Virgin Media: Olivia McKee | olivia.mckee@virginmediao2.co.uk