V Festival will be broadcast live on Channel 5 and MTV.
The channels have struck a deal with organisers of the music extravaganza to stream performances and back stage shenanigans of the forthcoming summer event.
MTV UK, which has been the broadcast partner for the festival the past three year, will air live highlights from the MTV stage as well as the main stage, while Channel 5 has agreed to screen performances across the weekend.
MTV Senior Commissioning Editor Jeremy Davies said: "We’re thrilled to be partnering with V Festival, a major highlight in the live music calendar.
"The festival always attracts global talent with huge appeal, providing a fantastic experience for live music fans both at the festival and watching on screen."
MTV will also air further extended coverage in September.
Paul Glossop, event organiser, said: "We’re proud to be partnering with Viacom for a third year running to air highlights of V Festival live on the world’s premier music channel MTV, and for the first time, live on Channel 5.
V Festival, which is held across two sites in Chelmsford and Staffordshire, will take place on August 20 and 21.
Justin Bieber and Rihanna have been lined-up to headline the event, while the likes of Sia, David Guetta, Rita Ora, Faithless, Kaiser Chiefs and Bastille are also featured on the confirmed line-up, along with Jess Glynne, Little Mix, Jake Bugg, Years & Years, Tinie Tempah and Example.