YouTube TV And Disney Agree To New Carriage Deal, Subscribers Won't Miss College Football Playoffs
After failed contract negotiations led $Alphabet-C(GOOG.US$ YouTube TV to remove $Disney(DIS.US$ networks from its service on Dec. 17 at 11:59 p.m. ET, the live TV streaming service has announced that the carriage dispute has been resolved.
What Happened: YouTube TV and Disney have agreed to a new deal that will restore access to a variety of Disney networks on the streaming platform.
YouTube TV made the announcement on Twitter.When the Disney deal expired, YouTube TV subscribers were set to receive a discounted rate of $49.99 a month. The standard monthly rate is now being reestablished, although customers will receive a one-time discount.
Why It Matters: The Disney networks impacted by the agreement include ESPN, FX, Freeform and National Geographic along with several large-market ABC-owned stations.
If a deal had not been reached quickly, then YouTube TV subscribers may have been unable to watch ESPN’s New Year’s Eve broadcast of the College Football Playoff semifinal games. Last year's games each drew more than 19 million viewers and was ESPN’s third-biggest viewing day of all time.
YouTube TV surpassed 3 million subscribers as of fall 2020, according to Google parent Alphabet. Although some Wall Street analysts believe the number has grown to more than 4 million, ranking YouTube TV among the top 10 pay-TV distributors of any kind.
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101671338 : yes, both have already reached a deal at the end of the weekend. Plus the record breaking of Spiderman movie, we have a good support for Disney share price going into Christmas. Hope for a nice recovery.
FiveHundredCents OP 101671338 : nice to see this kinda partnership