Paramount Global and YouTube TV are currently involved in a carriage dispute, leading to customers of the over-the-top streaming service not receiving certain channels. Amid the expiration of its existing contract on Thursday, networks owned by Paramount Global, including CBS, MTV and Nickelodeon, could go dark on the subscription service. In an internal memo shared by Dade Hayes of Deadline on Wednesday night from Paramount co-chief executive officers George Cheeks, Chris McCarthy and Brian Robbins, leadership conveyed what was taking place and emphasized that Google was “unwilling to agree to reasonable terms consistent with the market.” Conversely, Google said that it was engaging in “good faith negotiations” but had been unable to reach a deal.
YouTube TV recently took part in a price hike, augmenting the cost of its service by 14% to $82.99 per month. The streaming service recently surpassed 8 million subscribers and is also the home of NFL Sunday Ticket. Nielsen Media Research measured YouTube viewing on connected televisions to secure an 11.1% share of total TV usage throughout the month of November. YouTube TV articulated that if it cannot agree to terms with Paramount Global or if the content remains unavailable for an extended period, it will offer subscribers an $8 credit.
“Paramount is an important partner for us and as you can imagine, this is not the outcome that we want,” the YouTube team wrote in a blog post. “We’re still in active conversations with Paramount and are hopeful we can come to an agreement to keep their content available on YouTube TV.”
Paramount Global has a special webpage that emphasizes YouTube TV trying to pressure the company into agreeing “to unfavorable and one-sided terms.” Moreover, the company is stating that it has made “a series of offers to YouTube TV” that are good for its customers. Paramount Global currently has the rights to various programs resonating with the marketplace, including the No. 1 new series, comedy series and news magazine, along with top rankings in daytime and late night. CBS also broadcasts NFL games and recently attained its most-watched regular season slate of games since 1998.
“Paramount has a long track record of successfully and amicably renewing partnerships with every major distributor, including several in recent months,” a Paramount spokesperson said, “and we will continue our efforts to reach a new agreement with YouTube TV.”
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