After what has been reported as a bidding war among ABC, CBS and NBC over the Country Music Awards, the telecast appears to have found a home. B&C reports that the awards will remain on ABC as part of a multiyear deal that could be worth upwards of $30 million per year.
The deal will reportedly also include the summertime CMA Music Festival and a Christmas special.
The ceremony has been on ABC since 2005, after ABC grabbed it from CBS.
ABC’s rivals reportedly made serious bids to get the event, with NBC’s Steve Burke and CBS’s Leslie Moonves personally involved in the pitches.