YouTube TV has greater than 4 million subscribers, in accordance with an individual acquainted with the operation.
Picture:
Patrick T. Fallon/Bloomberg Information
YouTube TV and Walt
Disney Co.
DIS 0.01%
reached a deal Sunday to revive entry to Disney-owned channels together with ESPN and FX for YouTube TV subscribers.
The deal ended a short blackout that started on the stroke of midnight Saturday after the carriage contract between the 2 firms expired. YouTube TV has greater than 4 million subscribers, in accordance with an individual acquainted with the operation.
Phrases of the brand new contract weren’t disclosed.
The standoff was over distribution charges that Google’s YouTube TV pays to stream a bundle of channels owned by Disney, whose holdings embrace the ABC broadcast community and its native stations in addition to greater than dozen cable channels.
“We apologize for the disruption and respect your persistence as we continued to barter in your behalf. We additionally worth Disney’s partnership and willingness to work in direction of an settlement,” a YouTube spokeswoman stated in a press release. YouTube dad or mum Google is a unit of
Alphabet Inc.
GOOG -1.41%
A Disney spokeswoman stated in a press release that the corporate appreciates “Google’s collaboration to succeed in honest phrases which might be according to the market.”
In addition to charges, one other sticking level was YouTube TV’s request for a clause that may assure it pays the identical price as distributors of an analogous measurement, in accordance with folks acquainted with the matter.
YouTube TV promised it could drop its month-to-month subscription value to $49.99 from $64.99 so long as the channels had been unavailable. To make good on that promise, YouTube TV stated it’ll grant a one-time $15 credit score to affected subscribers.
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Appeared within the December 20, 2021, print version as ‘YouTube TV, Disney Settle Deadlock.’