Comcast and Paramount Global struck a new carriage pact that will keep Paramount-backed networks like CBS and Comedy Central on Comcast’s cable systems, even as the rise of streaming has lured subscribers away from linear television.

Paramount Global has renewed its distribution deal with Comcast , the companies said on Tuesday, ensuring the cable systems and services provider continues to offer the media giant's channels like CBS and Nickelodeon.

Paramount Global and Comcast renewed distribution deals for Par’s portfolio of networks. They include Paramount+ with Showtime for Xfinity platforms.

Paramount and Comcast have renewed their distribution agreement as past of a new multi-year deal between the companies.

The deals ensure carriage of Paramount’s networks, including CBS, BET, Comedy Central, MTV, Nickelodeon, Paramount Network and more.

NEW YORK and PHILADELPHIA — Paramount Global and Comcast have announced the renewal of their comprehensive distribution agreements that allow the operator to carry Paramount networks and streaming services on its Xfinity-branded platforms.

Paramount Global (NASDAQ: PARA) and Comcast (NASDAQ: CMCSA) have renewed their distribution agreements, securing continued access to Paramount's popular channels like CBS, BET, and Comedy Central.

Paramount Global and Comcast Corp. renewed their distribution agreement, allowing television channels like MTV, CBS and Nickelodeon to continue airing on Comcast’s Xfinity cable service.