YouTube and Fox reach a deal to keep Fox content available on streaming platform

Youtube and FOX announced On Friday, companies said they reached an agreement to keep Fox News, Fox Sports and other FOX channels on Youtube TV after negotiations on a new distribution agreement.

Companies had previously reached a short -term extension to avoid interruptions for Youtube TV subscribers.

“We are pleased to have reached an agreement that protects the value of our service for our subscribers,” YouTube said in a statement shared with CNBC. He said. Youtube, owned AlphabetFox did not announce the financial conditions of the agreement.

Youtube said on Monday that Fox wants payments “much higher than partners with comparable content offers”.

This cost FOX’s Fox One last week, Fox One, $ 19.99 per month or $ 199.99 per year.

As a result of Standoff, youtube, Fox Broadcast Network, Fox News and Fox Sports on Wednesday at 17:00, he said.

This may have seen that Youtube TV subscribers missed a highly anticipated college football match. in the top Texas is against the national champion and third place on Sunday, and probably against the beginning of the National Football League season at the beginning of the next month.

Brendan Carr, President of the Federal Communication Commission, was weighed on Friday, saying that the two companies were happy to reach an agreement.

“This avoids great news and interruptions for college football fans. Enjoy the games this weekend!” he said post X.

Youtube TV pays publishers such as Fox to broadcast channels and has about 9.4 million subscribers.

In addition to American football, Fox is home to Major League baseball games and the world series that is planned to start in late October.

Youtube TV’s basic plan is $ 82.99 per month and includes more than 100 live channels.

Youtube is the leading media distributor of America, which captures more than 13% of TV watching time in July. According to Nielsen.

– Jennifer Elias from CNBC contributed to this report