Several channels owned by Paramount Global, including CBS, Comedy Central and MTV, will soon disappear from YouTube TV on Thursday if the two companies don’t reach a contract renewal.

YouTube TV and Paramount have agreed on a multi-year deal to keep CBS, MTV and the other 100 plus channels owned by the network on the platform.

According to their official blog, YouTube TV announced that Paramount/CBS channels will be blocked after trying to negotiate a deal with the network.

In the email, YouTube TV mentions that it is actively working to restore Paramount content on its platform. However, if the two parties cannot reach an agreement and the content remains unavailable “for an extended period of time,” the company will compensate existing subscribers with an $8 credit.

YouTube TV and Paramount have agreed to a short-term deal extension to avoid a blackout of CBS, YouTube announced late Thursday. Paramount wanted a rate hike. Their existing deal expired at 1 p.m. ET on Feb. 13.

YouTube TV and Paramount reached a long-term agreement, securing access to CBS, Nickelodeon, and more for 8 million subscribers. What Are Ukraine's Rare Earth Minerals? Zelensky Rejects Trump Deal Asteroid 2024 YR4: More than 100 million people live in risk corridor,

YouTube TV and Paramount have reached a new agreement to keep Paramount's networks and content on the Google cable TV alternative.

YouTube TV and Paramount have solidified a long-term agreement, ensuring that popular channels like CBS, Comedy Central, Nickelodeon, and MTV remain accessible on the platform. This resolution follows a period of tense negotiations that nearly resulted in a blackout of these channels.

YouTube and Paramount were struggling to reach "a fair deal," potentially causing all 30+ Paramount channels to disappear. That crisis was avoided.