LOS ANGELES, June 15 (UPI) -- CBS and The Recording Academy say they have signed an extended agreement to keep the Grammy Awards ceremony on the network through 2026.
CBS has been the music industry gala's home since 1973.
The 59th edition of the event is to take place Feb. 12 at the Staples Center in Los Angeles.
"We've called CBS home for more than 40 years, and they have truly become an exceptional partner to The Academy, sharing in our commitment to showcase music's transformative power through our annual telecast," Neil Portnow, president and CEO of The Recording Academy, said in a statement Wednesday. "The continuity of this long-standing partnership not only marks an unprecedented milestone in the industry but also enables the academy to expand its philanthropic works -- preserving our musical heritage, supporting music makers in need and putting music in more schools to ensure that it remains a lasting part of our culture. We look forward to the next 10!"
"The broadcast of the Grammys and our long-standing relationship with extraordinary partners at The Recording Academy represent an important part of CBS' past and future," added Leslie Moonves, chairman of the board, president and chief executive officer of CBS Corp. "Everyone at CBS is proud to reach this milestone with Neil and his team, and we look forward to building on this legacy and creating more Grammy moments together well into the next decade and beyond."