YouTube inked a multi-year deal with streaming platform Roku earlier this month. (Image: Reuters)
YouTube warned last week that it would only renew its agreement with Disney if the company offered “similar terms.”
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Alphabet’s YouTube began restoring access to Walt Disney Channels on its platform on Sunday, after the companies reached a distribution agreement to end a two-day blackout. YouTube tweeted that “we have entered into an agreement with Disney and have already begun restoring access to channels such as ESPN and FX.”
Neither company disclosed the financial terms of the deal. youtube warned last week that it would only renew its agreement with Disney if the company offered “equal terms” and announced it was reducing the monthly price for YouTube TV from $15 to $64.99 to $49.99. On Sunday, YouTube said a monthly subscription was refunded up to $64.99, but affected users would receive a one-time $15 discount.
“We appreciate Google“Collaborate to reach fair terms that suit the market,” Disney said in a statement on Sunday.
We are pleased to announce that we have entered into an agreement with Disney and have already begun restoring access to channels such as ESPN and FX, and Disney Recordings that were previously in your library. Your local ABC station will also be on throughout the day.— YouTube TV (@YouTubeTV) December 19, 2021
YouTube earlier this month struck a multi-year deal with streaming platform Roku to distribute YouTube’s flagship app and TV service, ending a months-long battle over allegations of anti-competitive conduct.
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