Aug 25 (Reuters) - YouTube said on Monday it is in talks
to renew a content partnership with Fox, but the media
company is asking for payments above those received by partners
providing comparable content.
"If we are unable to reach a new agreement by 5:00 PM ET on
August 27, Fox channels including Fox Sports, Business, and News
would become unavailable on YouTube TV," YouTube said in a blog
post.
YouTube, owned by Alphabet, also said it is in
active negotiations with Fox, looking to reach a deal that is
fair for both sides "without passing on additional costs to our
subscribers."
Should Fox's content become unavailable for an extended
period of time, YouTube will provide members with a $10 credit.
Separately, Fox said it is "disappointed that Google
continually exploits its outsized influence by proposing terms
that are out of step with the marketplace," adding that it is
alerting users that they could lose access to content "unless
Google engages in a meaningful way soon."
In February, YouTube TV reached a deal with media giant
Paramount Global to keep channels like CBS, Comedy Central and
Nickelodeon available, after failed negotiations for a new
contract had briefly left the future of the streaming
partnership in limbo.