CBS, AT&T’s U-Verse Avert Blackout in Distribution Deal

Wall Street Journal: CBS and AT&T’s U-Verse have reached an agreement that will keep the broadcast network’s local television stations and its premium cable channel Showtime on the pay-TV distributor’s systems. The previous deal expired Tuesday and both sides negotiated through the night to avert a blackout that would have left about 2.5 million of U-Verse’s six million subscribers without CBS. Several million more would have lost Showtime. Terms of the new agreement weren’t disclosed.