CBS and Hulu Announce Licensing Agreement for Library Content on the Hulu Plus Subscription Service

LOS ANGELES, Nov. 5, 2012 -- CBS Corporation (NYSE: CBS.A and CBS) and Hulu announced today 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.

The CBS content will begin to appear on Hulu Plus in January 2013, and over the following months, Hulu Plus subscribers will have access to more than 2,600 episodes from library series such as "Medium," "Numb3rs" and "CSI: Miami," as well as classics such as "Star Trek," "I Love Lucy" and "The Twilight Zone." Clips from ENTERTAINMENT TONIGHT will also be available the day of broadcast on Hulu and Hulu Plus. A selection of CBS library shows will also rotate through the free Hulu.com service, and additional titles will be announced.

"We're excited to deliver CBS library programming to Hulu Plus subscribers," said Scott Koondel, Senior Vice President of Corporate Licensing, CBS Corporation. "This marks another agreement that meets the growing demand for our content on new platforms while establishing other incremental ways to get paid for our library."

"CBS has a long history of producing truly great TV. Hulu Plus subscribers are entertainment lovers who spend their time watching shows they love, versus shows they might only just like. Those two facts make for a fantastic combination, because this collection of CBS titles are shows that people revere and that really matter to fans of great TV like our subscribers," said Andy Forssell, Senior Vice President of Content for Hulu.

CBS and Hulu also have previously announced licensing agreements for CBS-produced programming that airs on The CW and for CBS content on Hulu's subscription service in Japan.

About CBS Corporation

CBS Corporation 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, Smithsonian Networks, Simon & Schuster, CBS Television Stations, CBS Radio, CBS Outdoor, CBS Television Studios, CBS Studios International, CBS Global Distribution Group, CBS Interactive, CBS Consumer Products, CBS Home Entertainment, CBS Films and CBS EcoMedia. For more information, log on 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.