FILE PHOTO: YouTube app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration/File Photo
December 19, 2021
(Reuters) – Alphabet Inc’s YouTube said on Sunday it has reached a deal with Walt Disney Co to distribute all Disney-owned channels on its platform, two days after talks broke down and led to a blackout.
YouTube tweeted that “we’ve reached a deal with Disney and have already started to restore access to channels like ESPN and FX.”
Details of the agreement were not disclosed.
Last week, YouTube warned that an agreement with Disney would be renewed only if the company offered “equitable terms” and announced that it was cutting the monthly price for YouTube TV by $15, from $64.99 to $49.99.
On Sunday, it said the monthly price had reverted to $64.99, adding that all impacted users would receive a one-time $15 discount.
Disney did not immediately respond to a request for comment outside of business hours.
(Reporting by Maria Ponnezhath in Bengaluru; Editing by Paul Simao)
