CBS Inks Exclusive Licensing Deal With Apple For New 'Carpool Karaoke' Series

By Markets MarketWatch Pulse

CBS Corp. and Apple Inc. said on Tuesday the two have reached an agreement for the tech giant's music streaming service Apple Music to be the exclusive home for the network's new "Carpool Karaoke" TV series. Terms of the deal weren't disclosed, but it will be an exclusive first-window licensing agreement. The series is based on the viral hit started on "The Late Late Show with James Corden" where celebrities ride and sing along with the host. The series is expected to have 16 episodes and a host has not yet been named. CBS said the "Carpool Karaoke" segment on "The Late Late Show with James Corden" will also continue.

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