CBS and Media General announced that the two companies have agreed to continue their CBS affiliation agreements. Specific terms of the deal weren’t released, but you can bet that Media General will be giving up some of their retrans money. 

"We're pleased to have signed long-term agreements for all of our CBS stations, covering 12 markets nationwide," said George Mahoney, president-CEO of Media General.

"We are excited to continue working with Media General to serve millions of viewers throughout the country," said Ray Hopkins, president, Television Networks Distribution, CBS Corp. "Nearly all of Media General's CBS affiliates are No. 1 in their markets, and we are glad to see that they recognize the value our programming brings to their business."

The agreement includes renewals for the following Media General affiliates: WRBL Columbus, Ga.; WBTW Florence, S.C.; WNCT Greenville, N.C.; WHLT Hattiesburg, Miss.; WJTV Jackson, Miss.; WJHL Johnson City, Tenn.; KLFY Lafayette, La.; WLNS Lansing, Mich.; WKRG Mobile, Ala.; KELO Sioux Falls, S.D. (including its satellites KDLO Florence, S.D. and KPLO Reliance, S.D.); KCLO Rapid City, S.D.; and WSPA Spartanburg, S.C.

H/T TVNewsCheck