Newsy, the E.W. Scripps-owned video news brand, is becoming a cable channel, resulting from the company’s purchase of Retirement Living Television’s carriage contracts.
RELATED: Newsy Nabs First Cable Carriage Deal
Under the plan, Scripps will take over RLTV’s carriage agreements, and put Newsy’s existing programming, currently distributed OTT, on the network, the company said. Those carriage agreements reach roughly 26 million subscribers, Scripps said.
RELATED: Scripps Pays $35M for Newsy
The process will start over the next few months, Scripps said. By the end of 2018, Newsy is expected to reach about 40 million cable and satellite subscribers.
Read more at B&C.
Though Newsy cut its teeth as an OTT-distributed offering, it has also locked in some more traditional carriage agreements previously with MVPDs such as Cincinnati Bell and Layer3 TV, as well as newer virtual MVPDs that include Sling TV, Pluto TV, as well as a new TV streaming service from CenturyLink.
RELATED: Newsy Joins Layer3 TV Lineup
-Multichannel News technology editor Jeff Baumgartner contributed to this story.