YouTube TV logo. AP Yonhap NewsDisney and YouTube TV have reached a new carriage agreement after a dispute lasting about two weeks over broadcasting terms within an internet TV platform in the United States.

As a result, Disney's various channel broadcasts have resumed on YouTube TV.

Disney announced on the 14th (local time) that it has signed a multi-year agreement with YouTube TV, through which Disney's major sports, news, and entertainment programs will be provided on YouTube TV.

Alan Bergman and Dana Walden, Co-Chairmen of Disney Entertainment, and Jimmy Pitaro, President of ESPN, stated that the agreement "recognizes the immense value of Disney's programming and provides greater choice for YouTube TV subscribers," adding, "We are thrilled that our networks are back up so fans can enjoy a wide range of programming, including college football this weekend."

The specific terms of the agreement between the two parties have not been disclosed.

Disney logo on a New York Stock Exchange screen. AFP Yonhap News. 

Google's YouTube TV is the largest internet TV service in the United States, offering over 100 TV channels in a single package for a monthly fee of $82.99 (approximately 120,000 Korean won).

Local media outlets, including Bloomberg News, estimate the number of YouTube TV subscribers in the U.S. to be between 9.5 million and 10 million.

As YouTube TV encroaches on the traditional cable television market, Disney, the largest media and content company with numerous cable channels, paused broadcasts on the platform amid a dispute during renegotiations with YouTube TV last month.

At the time, Disney claimed, "YouTube TV refused to pay fair rates for our channels, including ESPN and ABC," and asserted that "Google, with a market capitalization of $3 trillion, is using its market dominance to exclude competitors and undermine industry-standard terms."

In response, YouTube TV argued that Disney's demands would have led to higher fees for its subscribers and that by suspending content delivery to YouTube TV, Disney was creating favorable conditions for the expansion of its own streaming services.

Disney's stock fell by more than 8% after its recently announced quarterly revenue fell short of Wall Street's expectations. Disney specifically stated that its TV network division performed poorly due to declining viewership and political advertising.

Yonhap News