As Paramount Global aims to negotiate a new carriage deal for brands like CBS, MTV and Comedy Central with YouTube TV, its co-CEOs are signaling that a blackout of its channels on the service could be in the cards.
In a note to employees on Wednesday, Paramount co-chiefs George Cheeks, Chris McCarthy and Brian Robbins said that the company would begin to notify subscribers that its channels may be dropped by YouTube amid the standoff.
YouTube TV, which has emerged as a pay TV giant with 8 million subscribers to plans that now cost $82.99 a month, has become a key player in a space with competitors like Charter and Comcast. In its Feb. 4 earnings disclosure, Google reported that its subscriptions, platforms and devices business, which counts YouTube TV, saw revenue of $11.6 billion, up from $10.8 billion a year ago.
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