YouTube TV Strikes Deal to Restore Access to Walt Disney Channels

Alphabet Inc. (GOOGL) owned YouTube TV has started restoring access to channels from entertainment and media company Walt Disney Co. (DIS) on its platform after the two companies reached a distribution agreement following a two-day deadlock on the matter.

YouTube took on twitter to announce having reached a solution on the matter, nonetheless neither of the parties revealed the financial terms of the deal.

We’ve reached a deal with Disney and have already started to restore access to channels like ESPN and FX,” tweeted YouTube.

Last week, YouTube send a warning that it would only renew its agreement with Disney only if the company offers equitable terms further announcing dropping the monthly subscription price of YouTube TV from $64.99 to $49.99.

On December 19, YouTube said the monthly subscription had been reverted back to $64.99 further stating that affected users will be compensated with a one-time $15 discount.

We appreciate Google’s collaboration to reach fair terms that are consistent with the market,” said Walt Disney in regards to the matter.

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