Tech and AIYouTube TV reaches new deal to keep Paramount content

YouTube TV reaches new deal to keep Paramount content

-


After warnings that Paramount content was about to disappear from Google’s pay TV service YouTube TV, the companies announced late Saturday that the’d reached a deal that averting any disruption to channel availability.

Those announcements didn’t include many specifics about the agreement, but a statement from a Paramount spokesperson said it includes “an expanded streaming relationship.” So not only will YouTube Primetime Channels continue to offer streaming services Paramount+ With Showtime and BET+ as add-ons, but Google also gets “the right to make Paramount+ available to qualifying YouTube TV customers.”

YouTube TV is no stranger to high-profile contract disputes with media companies, including Disney. In its own announcement, Google said, “We’re happy to share that we’ve reached a deal to continue carrying Paramount channels, including CBS, CBS Sports, Nickelodeon and more … To our subscribers, we appreciate your patience while we negotiated on your behalf.”

The company had warned in an earlier blog post that all Paramount content, including CBS and CBS Sports, would disappear from YouTube TV on February 13. There was a short-term deadline extension when the companies appeared to be close to a deal.

At the time, Google said it was “fighting for an agreement that avoids passing along additional costs and offers [subscribers] more flexibility in how you watch your favorite sports and shows.” (Pay TV providers have reportedly been fighting for more flexible ways to bundle channels, particularly at the basic tiers of their services.)

Meanwhile, Paramount’s co-CEOs George Cheeks, Chris McCarthy, and Brian Robbins sent employees an internal memo describing Google as “unwilling to agree to reasonable terms consistent with the market, choosing to jeopardize the entertainment experience at the expense of consumers.”

“The reality is, you can’t have a successful video product without Paramount, one of the leading media families in TV viewing,” the CEOs said.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Pi Network (PI) Price Predictions for This Week

Pi Network entered a downtrend. Where will buyers return? Key Support levels: $1.1, $0.90 Key Resistance levels: $1.5, $1.8, $2 1....

Google is buying Wiz for $32B to beef up in cloud security, sources say

Google is making the biggest acquisition in its history. The company’s parent company Alphabet is acquiring Wiz, the...

Layer 1 Vs Layer 2 Vs Layer 3 Blockchains: A Begineer Guide To Understand Blockchains

Roles of the Blockchain layers:Layer 1 performs the basic functionsLayer 2 works to increase the efficiency and reliabilityLayer...

Ai16z released beta version of ElizaOS as token’s price continues to bleed

Ai16z’s Eliza v2 beta has officially...

Advertisement

How to Void a Check in QuickBooks: Step-by-Step Guide

Voiding a cheque cancels the payment while keeping a record of the transaction. It changes the amount to...

Wages Paid in Bitcoin? Bill Introduced in Brazil Might Make It Possible

The bill seeks to allow wages and other labor-linked payments to be partially settled using virtual assets in...

Must read

Pi Network (PI) Price Predictions for This Week

Pi Network entered a downtrend. Where will buyers...

Google is buying Wiz for $32B to beef up in cloud security, sources say

Google is making the biggest acquisition in its...

You might also likeRELATED
Recommended to you