Super Bowl LV will be televised by CBS. Although NBC was to air this game under the current rotation, they traded the game to CBS in exchange for Super Bowl LVI, which falls during the 2022 Winter Olympics and is the first to be scheduled during an ongoing Olympic Games (this also upholds the untold gentleman’s agreement between the NFL’s broadcasters to not counterprogram the Super Bowl, as NBC also holds the U.S. broadcast rights to the Olympics). CBS will, to an extent, also benefit from holding rights to the Super Bowl in the same year that it holds rights to the NCAA Final Four (which is cycled with WarnerMedia Entertainment channels on a two-year cycle with TBS), as well as the AFC Championship Game in primetime (which contractually alternates between afternoon and primetime on a two-year cycle with the NFC Championship Game on Fox).
For the third consecutive Super Bowl televised by CBS, ESPN Deportes will air a Spanish-language broadcast.
On December 3, 2020, CBS announced that its lead-out program will be the series premiere of The Equalizer.
In the United Kingdom and Ireland, the game is going to be televised on the free-to-air channel BBC One, and paid-subscription channels Sky Sports Mix and Sky Sports NFL