CBS Corp. cbs said Monday that it has reached a content carriage deal with Altice USA Inc. ATUS, +0.48% to carry CBS content on Altice’s Optimum and Suddenlink cable services. Financial terms of the agreement were not disclosed. The “comprehensive, multi-year” pact covers the carriage of Showtime, CBS Sports Network, Pop TV and Smithsonian Channel, and the re-transmission consent for CBS-owned stations. The deal also allows Altice to offering Showtime digital streaming to its cable customers. CBS’s stock rose 0.3% in morning trading and Altice USA shares tacked on 0.1%. Over the past three months, shares of CBS have gained 0.5% and Altice have surged 11.9%, while the S&P 500 SPX, +0.18% has edged up 2.7%.
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