Ending the short era of scrutiny over what might happen to CBS and Turner’s deal to air the NCAA’s annual March Madness basketball tournament, the league on Tuesday said it had extended those rights for eight more years, taking the deal through 2032. The current deal, worth $770 million annually, remains in place through 2024.

There was some speculation in the media that there might be changes to the existing deal after the NCAA Championship, which aired across Turner’s TNT, TBS and truTV networks instead of on CBS, dropped by 37% in the final ratings, with 17.8 million viewers tuning in, as opposed to the 28.3 million who watched the game in 2015 on CBS.

The existing arrangement, in which Turner and CBS alternate airing the Final Four games, looks to be remaining in place, however. Under the new agreement, all opening-, first- and second-round games will continue to be shown across TBS, CBS, TNT and truTV, with Turner and CBS splitting coverage of the regional semifinals and regional finals each year, according to the NCAA. Live coverage of the Final Four national semifinals and national championship will continue to alternate between CBS and Turner each year, with CBS broadcasting the games in 2017 and TBS televising them in 2018.

The new deal also continues to cover both media companies’ digital platforms, including ones that don’t exist yet.

Turner also will continue to manage the NCAA’s March Madness Live platform, as well as NCAA.com and major events surrounding the championships. NCAA March Madness Live has more than doubled the number of its live video streams and live hours of consumption since 2011, reports the NCAA.

CBS took on Turner as a partner in 2010 when it could no longer cover rights to the hugely-watched tourney on its own. At that time, the two companies agreed to pay $10.8 billion over 14 years for the rights to air the games over TV, the internet and mobile, reports Variety.

READ MORE: Variety

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