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Paramount channels, including CBS and Nickelodeon, to go dark on YouTube TV (www.reuters.com)

submitted 2 days ago* (last edited 2 days ago) by [email protected] to c/[email protected]

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Feb 12 (Reuters) - Media giant Paramount Global's (PARA.O) channels, including CBS and Nickelodeon, will be unavailable on YouTube TV starting Thursday after the two companies failed to reach a contract renewal, both parties said.

Paramount said on Wednesday that YouTube TV was attempting to pressure it into accepting "one-sided terms" and "non-market demands" that could lead to the removal of Paramount's networks from YouTube TV.

"We have made a series of fair offers to continue our long-standing relationship with Google's YouTube TV," a Paramount spokesperson said, adding that it will continue its efforts to reach a new agreement.

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[–] [email protected] 6 points 2 days ago

This is the oldest dance in the cable game. It's ridiculous.

Company A wants more money.

Company B says no, they want that money.

Both companies ask consumers to blame each company.

A deal is reached at the last minute, maybe a day of blackouts.

The price of cable then increases by wayyyy more (or more likely just increased) a month or two removed.

Company A & B each walk away with more money, having successfully blamed each other.