Paramount Global and Google agreed to YouTube TV to extend a short -term contract late Thursday, making CBS and other networks available, as two media companies negotiated a new distribution agreement.
The eleventh hours of hours broke out about 8 million YouTube TV clients of loss of access To nearly twenty networks, including Bet, Comedy Center, Nickelodeon and TV Land. KCBS-TV channels Channel 2 and KCAL-TV 9 in Los Angeles had also been dropped.
“We have reached a short -term extension while we are working for a deal with Paramount to keep its content on YouTube TV,” YouTube said in a statement directed to users. “We appreciate your patience with our continued negotiation on your behalf. We also appreciate the Paramount Partnership and its willingness to work for an agreement.”
The clashes between programmers and distributors have become It is increasingly common in recent years. Paid TV service providers are motivated to control costs in an attempt to attract and keep subscribers who have an abundance of viewing options.
Meanwhile, Paramount and other Hollywood programmers are struggling to maintain his financial feet amid declines in classifications and customer splits. They can ask discounts for one of their most important revenue flows: paid TV distribution fees.
Current disputes on the fees that Google must pay for the rights to carry prominent channels.
“We are fighting for an agreement that avoids the passage of additional costs and provides you with more flexibility in how to watch sports and your favorite offers.” He said earlier this week in a blog publication.
Negotiations come at a turbulent time for New York -based Paramount.
CBS is launched separately with Sony Pictures TV to keep distribution rights for great Sony programs “Jeopardy!” And “the wheel of luck”. The company is also trying to repel a $ 20 billion lawsuit filed by President Trump regarding the amendments made in an “60 -minute” interview to former Vice President Kamala Harris last fall.
Paramount Control of shareholders Shari Redston A deal last summer was concluded to sell its family -controlled company for decades on the David Elison’s Skydance. The 8 billion dollars deal faced turmoil in the Federal Communications Committee. The agency must log in to transfer CBS licenses to Elison to apply for the deal.
Paramount cable channels, including Nickelodeon and MTV, have lost millions of subscribers amid deportation to video broadcast services such as Netflix. In August, Paramount took to delete $ 6 billion To take into account the declining value of its cable TV wallet, negotiations with Google entered into a weaker hand.
“We have made a series of fair offers to continue our long -term relationship with Google Youtube TV, providing subscribers access to the full set of Paramount programming for entertainment, news and sports,” Paraamaont said on Wednesday in a statement.
YouTube TV, which was launched eight years agoHope hurt the edge.
The service quickly grew to become a major TV player, attractive to younger viewers and sports fans. She has succeeded in interruptions from older fibrosis providers and satellites.
YouTube TV is now the fourth largest multi -channel distributor in the United States, behind it Spectrum of the CharterComcast Xfinity and Directv, based in El Segundo.
The service provided a great bet on sports when it seized the American Football Association The “Sunday ticket” show in 2023 After this package, the package has become expensive for Directv, the rights holder for a long time. However, the price of about one billion dollars a year for the US Football Association games on Sunday afternoon, increased the cost of operating YouTube TV, which prompted Google to check the costs of other contract.
YouTube TV fees are also high.
Last month, the service raised its fees to customers to $ 82.99 per month, up from $ 72.99 a month.
The company said it will provide YouTube TV clients with a value of $ 8 per month. “If we cannot reach an agreement and [Paramount] “The content is not available for a long period of time,” Google said in a blog post.
