SHOWTIME NETWORKS AND A24 FILMS CLOSE OUTPUT AGREEMENT FOR A24 FEATURE FILM TITLES

Showtime Networks To Air The Company's Films Through 2022

NEW YORK - November 13, 2019 - Showtime Networks Inc. and A24 Films have entered into an exclusive output agreement under which qualifying A24 films theatrically released through November 1, 2022 will air across SHOWTIME(R), THE MOVIE CHANNEL(TM) and FLIX(R), as well as on SHOWTIME multiplex channels and streaming services. The agreement allows Showtime Networks Inc. to exhibit high-profile A24 features across its premium services on-air, on demand and online. The announcement was made by Kent Sevener, Executive Vice President, Content Acquisition and Business and Legal Affairs, Showtime Networks Inc.

The deal will include up to 16 films annually produced by A24. A24's upcoming theatrical releases include Gotham Award-nominated Waves, starring Sterling K. Brown, Kelvin Harrison Jr., and Lucas Hedges; Mike Mills' next film starring Joaquin Phoenix; Green Knight, starring Dev Patel and Alicia Vikander; Joel Cohen's adaptation of Macbeth starring Denzel Washington and Frances McDormand; Zola from Janicza Bravo; and Jonathan Glazer's untitled WWII project. The deal also gives Showtime Networks exclusive rights to the television premiere of A24's previous Oscar(R)-winning and nominated films including Moonlight, Lady Bird, Room and Ex Machina.

"We can't wait to bring SHOWTIME viewers this incredible collection of world-class films from some of the most acclaimed visionaries in the industry," said Sevener. "Along with our award-winning series, documentaries, sports offerings and an already established library of theatrical titles, A24's iconic slate of films exemplifies SHOWTIME as a one-stop shop for curated, cutting-edge content."

"We are thrilled to be partnering with Showtime. They are one of the most dynamic platforms in the business, and they consistently showcase first-rate, singular programming. We think they are the perfect home for our diverse array of projects," said A24.

About Showtime Networks Inc.

Showtime Networks Inc. (SNI), a wholly owned subsidiary of CBS Corporation, owns and operates the premium television networks SHOWTIME(R), THE MOVIE CHANNEL(TM) and FLIX(R), and also offers SHOWTIME ON DEMAND(R), THE MOVIE CHANNEL(TM) ON DEMAND and FLIX ON DEMAND(R), and the network's authentication service SHOWTIME ANYTIME(R). Showtime Digital Inc., a wholly owned subsidiary of SNI, operates the stand-alone streaming service SHOWTIME(R). SHOWTIME is currently available to subscribers via cable, DBS, and telco providers, and as a stand-alone streaming service through Amazon, Apple(R), Google, LG Smart TVs, Oculus Go, Roku(R), Samsung Smart TVs and Xbox One. Consumers can also subscribe to SHOWTIME via Amazon's Prime Video Channels, Apple TV Channels, AT&T TV Now, FuboTV, Hulu, The Roku Channel, Sling TV, Sony PlayStation(TM) Vue, and YouTube TV. Viewers can also watch on computers at Showtime.com. SNI also manages Pop TV, a CBS network, and owns and operates Smithsonian Networks(TM), which offers Smithsonian Channel(TM) and Smithsonian Channel Plus(TM). SNI markets and distributes sports and entertainment events for exhibition to subscribers on a pay-per-view basis through SHOWTIME PPV. For more information, go to www.SHO.com.

About A24

Based in NY and LA, A24 is the Academy Award-winning film and TV studio behind feature films such as Lady Bird, Hereditary, The Farewell, Moonlight, Ex Machina, Amy, Room, The Witch, and Good Time. A24 TV productions include the critically acclaimed Hulu comedy series Ramy, HBO stand up specials from Jerrod Carmichael and Julio Torres, Netflix docuseries The Confession Tapes and Exhibit A, HBO specials 2 Dope Queens and Pod Save America, and the HBO drama Euphoria starring Zendaya.