YouTube reaches deal with Disney amid rocky negotiations

YouTube has reached a deal with Walt Disney to distribute all Disney-owned channels on its platform

YouTube has reached a deal with the Walt Disney Company to distribute all Disney-owned channels on streaming service, YouTube TV.

The agreement comes two days after talks broke down and led to a blackout.

As a result of the deal being reached, YouTube stated that the monthly price had reverted back to $64.99.

The streamer, owned by Google’s Alphabet company, dropped the price to $49.99 earlier, after initial talks broke down.

“We are pleased to announce that after a brief disruption, we have reached a new distribution agreement with Google’s YouTube TV for continued carriage of our portfolio of networks,” Disney said in a statement. “We appreciate Google’s collaboration to reach fair terms that are consistent with the market, and we’re thrilled that our robust lineup of live sports and news plus kids, family and general entertainment programming is in the process of being restored to YouTube TV subscribers across the country.

YouTube TV said that it has started to restore access to the Disney-owned properties on its service, including local ABC stations, which will return “over the course of the day.”

YouTube TV stated that those who have cancelled their subscription due to losing access to Disney-owned channels, “hopes to welcome them back” due the agreement.