
Fox Corp. and YouTube TV
have struck a new distribution agreement, after warnings with regard to dropping Fox networks, streamers, and local TV stations.
Financial terms were not disclosed.
The deal covers Fox News Channel, Fox Business Network, Fox Weather, Fox Sports, FS1, FS2, Fox Deportes, Big Ten Network, the Fox Television Network and all Fox local TV stations.
The public dispute started up Monday when it was apparent that a renewal of the deal was in jeopardy.
YouTube is the third-biggest virtual pay TV provider of over-the-air broadcast
and cable TV networks, with 10 million U.S. subscribers -- behind Charter Communications (12.2 million) and Comcast Corp. (11.7 million).
Fox Corp. said earlier in the week: "While
Fox remains committed to reaching a fair agreement with Google’s YouTube TV, we are disappointed that Google continually exploits its outsized influence by proposing terms that are out of step
with the marketplace.”
"We’re committed to continuing to work with Fox to reach an agreement, but if their content becomes unavailable for an extended period of time,
we'll offer our subscribers a $10 credit," a Google press release said.
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