Paramount and YouTube TV Reach Multiyear Distribution Deal for CBS and Other Networks, Agreement Includes Option to Bundle Paramount+

variety.com:

Todd Spangler NY Digital Editor After several days of intensive negotiations, YouTube TV and Paramount Global renewed their carriage deal for CBS stations nationwide, MTV, Comedy Central and 20 other channels on the service.

In addition, under the new agreement, YouTube TV has the right to bundle Paramount+ to “qualifying” customers. The companies announced the multiyear pact Saturday evening, after Paramount began warning YouTube TV customers of the standoff and a potential blackout of its channels earlier this week.

Talks continued after the previous deal expired Thursday evening and the two sides inked a temporary extension. The renewal means YouTube TV will not miss the NCAA March Madness coverage on CBS, along with the network’s other programming.

Other channels that will remain on YouTube TV include CBS Sports Network, BET, Nickelodeon, TV Land, Paramount Network, CMT, Nick Jr., Smithsonian Channel and VH1.