What it’s worthwhile to know
- Paramount channels shall be out there on YouTube TV for the foreseeable future as the 2 sides reached an settlement.
- The deal comes after the 2 sides publicly struggled to search out what YouTube TV described as “a good deal.”
- The negotiations got here shortly after YouTube TV raised costs by $10 per 30 days.
Paramount channels had been briefly in jeopardy of turning into unavailable on YouTube TV, however the two sides had been capable of attain an settlement to maintain Paramount’s 34 channels on the reside TV streaming service. YouTube TV introduced the deal on Feb. 15, following a days-long ordeal that noticed Paramount run “Preserve Paramount” adverts on social media and YouTube TV criticize the corporate for not providing “a good deal.”
“We’re pleased to share that we’ve reached a deal to proceed carrying Paramount channels, together with CBS, CBS Sports activities, Nickelodeon and extra,” wrote YouTube TV within the weblog submit. “To our subscribers, we recognize your endurance whereas we negotiated in your behalf.”
YouTube TV says the settlement will hold over 100 channels out there on the reside TV service. It’s going to additionally present Paramount add-ons, like Paramount Plus with SHOWTIME. Paramount affords over 30 channels on YouTube TV, together with heavy-hitters like CBS and CBS Sports activities. Excessive-profile sporting occasions — together with March Insanity (the NCAA Males’s Basketball Event) and The Masters — are set to air on the networks within the coming months.
That, paired with YouTube TV’s $10 worth hike final month, set the service up for a possible catastrophe if it could not attain a deal.
Issues began out dire on Feb. 12, when YouTube TV warned prospects that Paramount channels may disappear from the service as early as the tip of the next day. It adopted up with an replace Feb. 13 that YouTube TV reached “a short-term extension” with Paramount whereas the negotiations continued. Within the occasion it could not attain a long-term deal, YouTube TV threw out the thought of providing prospects a credit score that might enable them to subscribe to Paramount Plus.
Ultimately, that wasn’t needed, as a result of the 2 sides have found out an settlement. It is not the primary time YouTube TV has had points holding channels out there. Not too long ago, YouTube TV mounted an issue affecting free channels.