YouTube TV Fails to Renew Contract with Disney Channel
[Asia Economy Reporter Hyungsoo Park] It appears that the Disney Channel will be removed from YouTube TV, an internet-based TV broadcasting service in the United States.
According to major foreign media on the 18th, YouTube and Disney each released statements saying that negotiations between the two sides have broken down. The Disney Channel will only be available on YouTube TV until 11:59 PM Eastern Time on the 17th (local time).
YouTube TV is a paid internet platform that offers over 80 cable and terrestrial TV channels such as CBS, FOX, and CNN. The Disney Channel lineup includes about 10 channels, such as Disney Junior for children, ESPN for sports broadcasts, and ABC for news.
The two sides engaged in last-minute negotiations right before the contract expiration but failed to reach an agreement. YouTube stated in a press release, "We have negotiated in good faith with Disney for several months," adding, "We did our best, but unfortunately, we could not reach a fair agreement."
In a separate statement, Disney said, "We continued negotiations with YouTube TV," but also stated, "They refused a fair deal based on market requirements and circumstances."
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The two sides have been at an impasse over the amount YouTube TV pays for Disney programming. YouTube TV tried to set the amount the same as with other distributors, but since this could mean a reduction from previous payments, the Disney Channel apparently did not accept it. Disney has launched its own streaming services, including Hulu and Disney Plus.
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