TelevisaUnivision Channels Go Dark on Fubo, Which Claims Media Company Offered New Terms That Would Increase Prices by 25%

variety.com:

Todd Spangler NY Digital Editor Fubo said TelevisaUnivision pulled its networks from the streaming pay-TV provider Monday — alleging the Spanish-language media giant was “refusing to offer what we believe to be fair and competitive rates.” Reps for TelevisaUnivision did not immediately respond to requests for comment.

According to Fubo, “thousands of Spanish-speaking consumers across the U.S. have lost access to local news and weather — providing vital information affecting their communities — as a result of TelevisaUnivision pulling their programming from Fubo.

This unfortunate development is the result of TelevisaUnivision refusing to offer what we believe to be fair and competitive rates.” Fubo claimed that it “has made considerable efforts and offered compromises to renew our long-standing content agreement for TelevisaUnivision and its affiliated channels.

However, TelevisaUnivision presented us with a new contract with restructured terms that would increase prices by 25% for our subscribers.