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YouTube and NBCUniversal have finally ended their contract dispute by signing a new agreement. With the fresh deal, subscribers of YouTube TV can now continue to watch shows from the latter’s channels.
Apparently, the two firms were able to resolve their issues and agreed to terms so NBCUniversal could keep its channels on YouTube TV. If their dispute was not solved, it would have resulted in the pull out of dozens of channels from the video-sharing platform owned by Google.
“We’re thrilled to share that we’ve reached a deal to continue carrying the full NBCUniversal portfolio of channels,” YouTube wrote in a blog post that was posted last weekend. “That means you won’t lose access to any of their channels, and YouTube TV will continue to offer 85+ networks for $64.99. We appreciate NBCUniversal’s willingness to work toward an agreement, and we also appreciate your patience as we negotiated with them on your behalf.”
YouTube went on to reveal that it is only asking for NBCUniversal to treat YouTube TV like any other TV service provider. It explained that it wants the New York-headquartered mass media company to treat YouTube in this way for the entire duration of their deal.
YouTube added that if NBCUniversal proposes an offer of equitable terms, it will be renewing its contract. However, if both camps fail to reach an agreement by Thursday this week, the Google-owned company stated that it would take down all NBCU lineup of channels.
Some of the channels that may be dropped from YouTube TV include CNBC, E!, Bravo TV, Syfy, Oxygen, The Golf Channel, and other NBC Sports channels. Moreover, if the renewal of the deal fails, YouTube TV will reduce the rate from $64.99 to $54.99.
At any rate, USA Today mentioned that NBCUniversal and YouTube TV’s contract expired on Sept. 30; thus, they are working to renew their deal. At this moment, they only agreed to a short-term extension, so the channels are still airing. The extension was also put in place so the companies could continue to talk about the renewal.
