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00:03YouTube and Fox reached a new distribution deal Friday that will keep Fox News, Fox Sports,
00:07and other Fox channels on YouTube TV, according to CNBC. The deal avoids a potential blackout
00:13for its 9.4 million subscribers. The companies had earlier agreed to a short-term extension
00:18to prevent disruptions, but YouTube warned earlier this week that it may drop Fox channels
00:23by Wednesday if no deal was reached. The standoff came as Fox launched its standalone streaming
00:29service, Fox 1, priced at $19.99 per month, or $199.99 annually. YouTube said on Monday
00:38that Fox was seeking payments higher than its peers with similar offerings. The agreement
00:43ensures YouTube TV subscribers will not miss key programming ahead of football season.
00:48FCC Chair. Brendan Carr praised the deal, calling it good news for football fans.
00:54For all things money, visit Benzinga.com.
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