Their most recent contract for Tony Award Productions (TAP) was due to expire with the 2004 telecast; the contract has now been extended through 2008. TAP is also in discussion with CBS to extend their agreement with the eye network, which also runs through 2004. League President Jed Bernstein said in a statement, "We are pleased to continue this important relationship with the Wing. The Tony Awards will continue to thrive into the future, and that is great for theatre and television audiences as well as the theatre community." Wing chairman Isabelle Stevenson, added, "The spirit of friendship which prevailed in our discussions is important. But most significant is that the future of the Tony Awards is guaranteed."

The Antoinette Perry "Tony" Award is bestowed annually for distinguished achievement. Details about the 2004 Tony Awards, which will again be broadcast on CBS, are expected shortly.