NBCU, YouTube TV Agree to Short-Term Deal Extension, Talks Continue

NBCUniversal’s cable and broadcast networks are still live on YouTube TV, after the media company and Google reached a short-term extension to their previous distribution agreement just prior to the Sept. 30 midnight ET expiration.

“NBCUniversal and YouTube TV have agreed to a short extension while parties continue talks,” an NBCU spokesman said in a statement late Thursday. “NBCUniversal will not go dark on YouTube TV at midnight eastern tonight.”

The contract fight erupted earlier this week, after NBCU warned YouTube TV customers that they could lose 14 or more channels over the impasse.

Google, for its part, has claimed claims that NBCU is asking for higher rates than YouTube TV’s pay-TV competitors pay — and that NBCU is unfairly asking that YouTube TV bundle in Peacock Premium with the service, currently $64.99/month, which would .

“NBCUniversal is seeking fair rates from Google for YouTube TV’s continued carriage of the only portfolio offering entertainment, Hispanic, news and sports networks,” the media company said in a statement. “Unfortunately, Google is refusing to make a deal at these fair rates and is willing to withhold entertainment, news and sports programming from their paying customers. NBCUniversal feels a responsibility to inform our fans that they are at risk of losing their favorite shows if Google continues with their demands.”

Google said that if it can’t reach a deal by Sept. 30, it will reduce YouTube TV’s monthly subscription fee by $10 per month while the NBCU nets are dark. “If NBCU offers us equitable terms, we’ll renew our agreement with them. However, if we are unable to reach a deal by Thursday, the NBCU lineup of channels will no longer be available on YouTube TV and we will decrease our monthly price by $10, from $64.99 to $54.99 (while this content remains off our platform),” the internet company said.

Google says it is asking that “NBCU treats YouTube TV like any other TV provider.”

“In other words, for the duration of our agreement, YouTube TV seeks the same rates that services of a similar size get from NBCU so we can continue offering YouTube TV to members at a competitive and fair price,” Google said in a statement.

NBCU launched website, youneedchannels.com, which says that if the companies don’t reach an agreement YouTube TV subscribers might lose NBC, Bravo, CNBC, E!, Golf Channel, MSNBC, Oxygen, Syfy, Telemundo, the Olympic Channel, Universal Kids, Universo and USA Network. In addition, YouTube TV may also drop NBC Sports regional networks including NBC Sports Bay Area, NBC Sports Boston, NBC Sports California, NBC Sports Chicago, NBC Sports Philadelphia, SNY and NBC Sports Washington.


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