CBS and the Recording Academy have signed a new five-year extension that will keep the annual Grammy Awards telecast on CBS through 2011. CBS has been the broadcast home of the awards show since 1973.

CBS and the Recording Academy have signed a new five-year extension that will keep the annual Grammy Awards telecast on CBS through 2011. CBS has been the broadcast home of the awards show since 1973.

The Grammy Awards, is one of the television season's major broadcast events, ranking as one of the highest rated and most watched specials, especially among younger viewers. Last year's broadcast was seen by nearly 46 million viewers.