SHOWTIME NETWORKS AND AMBLIN PARTNERS EXTEND OUTPUT AGREEMENT FOR FEATURE FILMS

SHOWTIME(R) To Air Films From Steven Spielberg's Amblin Partners Through 2024

NEW YORK - July 6, 2021 - Showtime Networks Inc. and Amblin Partners have renewed their exclusive output agreement, under which qualifying Amblin Partners films theatrically released through December 31, 2024 will air across SHOWTIME, THE MOVIE CHANNEL(TM) and FLIX(R), as well as on SHOWTIME multiplex channels and streaming service. The agreement allows Showtime Networks Inc. to exhibit high-profile Amblin Partners features across its premium services on-air, on demand and online. The announcement was made by Kent Sevener, Executive Vice President, Content Acquisition, Showtime Networks Inc.

The new SHOWTIME deal extends the company's long-term relationship with Steven Spielberg's Amblin, that began in 2010, and adds up to 18 additional films to an already robust library of Amblin Partners titles available on SHOWTIME networks and streaming service. Upcoming theatrical releases include Spielberg's untitled film starring, among others, Oscar(R) nominee Michelle Williams, Seth Rogen, Paul Dano and Gabriel LaBelle; Distant, starring Anthony Ramos and Naomi Scott; Easter Sunday, starring comedian Jo Koy; and Last Voyage of the Demeter, which stars Corey Hawkins.

"We are thrilled to continue our partnership with Steven Spielberg and the Amblin team to bring upcoming theatrical releases to SHOWTIME linear and streaming subscribers," said Sevener. "Combined with our award-winning series, specials, documentaries and sports offerings, as well as our established library of theatrical titles, Amblin Partners' critically acclaimed films add incredible value to the SHOWTIME premium content slate."

"For over a decade, we've been proud to work closely with SHOWTIME to deliver our films to viewers across all their platforms, and we are grateful that the extension of this deal gives us years of partnership ahead," said Chris Floyd, COO & General Counsel of Amblin Partners. "We are extremely bullish on our upcoming film slate, and this new agreement ensures that each of these films will have an incredible platform on SHOWTIME for at-home viewing following their theatrical run."

Showtime Networks Inc. (SNI), a wholly owned subsidiary of ViacomCBS Inc., owns and operates the premium service SHOWTIME(R), which features critically acclaimed original series, provocative documentaries, box-office hit films, comedy and music specials and hard-hitting sports. SHOWTIME is available as a stand-alone streaming service across all major streaming devices and Showtime.com, as well as via cable, DBS, telco and streaming video providers. SNI also operates the premium services THE MOVIE CHANNEL(TM) and FLIX(R), as well as on demand versions of all three brands. SNI markets and distributes sports and entertainment events for exhibition to subscribers on a pay-per-view basis through SHOWTIME PPV(R). For more information, go to www.SHO.com.