Photo illustration of the YouTube TV emblem displayed on a smartphone, with the YouTube emblem within the background.
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YouTube and Fox announced Friday that the businesses had reached a deal to keep Fox News, Fox Sports and different Fox channels available on YouTube TV, following negotiations over a new distribution settlement.
The firms had earlier reached a short-term extension to stop disruptions for YouTube TV subscribers.
“We’re pleased to have reached a deal that preserves the value of our service for our subscribers,” YouTube stated in a assertion shared with CNBC. YouTube, owned by Alphabet, in addition to Fox didn’t disclose the monetary phrases of the settlement.
YouTube had said Monday that Fox was asking for funds “far higher than what partners with comparable content offerings receive.”
That comes after Fox launched Fox One, a standalone streaming service final week, costing $19.99 per thirty days or $199.99 yearly.
As a results of the standoff, YouTube had warned it could take away Fox Broadcast Network, Fox News and Fox Sports from its platform by 5 p.m. ET on Wednesday.
That may’ve seen YouTube TV subscribers miss out on a extremely anticipated faculty soccer match between top-ranked Texas in opposition to reigning nationwide champion and third-ranked Ohio State on Sunday, and probably the beginning of the National Football League season early subsequent month.
Brendan Carr, chair of the Federal Communications Commission, weighed in Friday, saying he was comfortable the 2 firms had reached a deal.
“This is great news for college football fans and avoids blackouts. Enjoy the games this weekend!” he stated in a post on X.
YouTube TV pays broadcasters similar to Fox to stream their channels and has roughly 9.4 million subscribers.
In addition to American soccer, Fox hosts Major League Baseball video games, in addition to the World Series, which is scheduled to begin in late October.
The base plan for YouTube TV prices $82.99 per thirty days and contains over 100 reside channels.
YouTube is America’s main media distributor when it comes to viewers engagement, capturing over 13% of TV watch-time in July, according to Nielsen.
— CNBC’s Jennifer Elias contributed to this report