Sony Pictures Television has entered into a landmark agreement with CBS, effectively concluding a longstanding negotiation and setting a new precedent in the landscape of television distribution. Under this deal, Sony gains complete control over the global and domestic distribution of two of America’s most beloved and enduring quiz shows—programs that have captivated audiences across generations and become cultural mainstays in the realm of televised entertainment. This transition signifies not merely a change in management but also a profound realignment in how intellectual property within the entertainment sector is being controlled, marketed, and disseminated around the world.

According to the arrangement, Sony will take on full distribution responsibilities, assuming oversight of both international and U.S. markets in a phased rollout. The transition begins globally later this year as Sony’s distribution network—renowned for its extensive reach and proven capability in managing complex media portfolios—integrates these classic series into its international sales infrastructure. The American domestic handover is scheduled for 2028, when the rights will officially transfer from CBS to Sony, marking the culmination of a structured, multiyear process designed to ensure continuity for broadcasters, advertisers, and viewers alike.

This development represents a major milestone in the modern evolution of television’s business models. The agreement underscores a broader trend within the media and entertainment industries, where legacy institutions are increasingly collaborating or realigning to respond to shifting market dynamics, audience consumption patterns, and the accelerating globalization of media content. By unifying both the domestic and international distribution rights under one company, Sony positions itself to streamline marketing strategies, modernize syndication practices, and potentially expand the global visibility of these shows into new digital and streaming territories.

For CBS, the decision to relinquish distribution responsibilities reflects a strategic move toward focusing on other aspects of its portfolio, while for Sony, it is an assertion of renewed dominance in global television syndication. Industry observers regard this agreement as a forward-looking realignment that showcases the continued importance of trusted, legacy programming in an era increasingly defined by on-demand content and diversified viewing platforms. With this transition, both companies reaffirm their roles as key architects in shaping the future of television—balancing heritage with innovation, and tradition with transformation.

Overall, this settlement marks not just the end of a corporate negotiation, but the beginning of a new chapter in the enduring story of how beloved television properties continue to evolve, adapt, and thrive in an ever-changing entertainment ecosystem.

Sourse: https://www.wsj.com/business/media/sony-and-cbs-settle-wheel-of-fortune-and-jeopardy-fight-f12b00e1?mod=pls_whats_news_us_business_f