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.

YouTube TV announced a deal to keep Paramount channels on its platform had been reached Saturday night, ending a public contract dispute.

Paramount and YouTube TV have reached a new carriage deal, averting a blackout of programming of the former’s sports, entertainment and news networks — including CBS, Comedy Central and Nickelodeon.

Good news for YouTube TV subscribers; your recently-price-hiked service is not about to be worth a whole lot less. Media giant Paramount (PARA)

YouTube TV and Paramount Global renewed their carriage deal for CBS, MTV, Comedy Central and 20 other channels on the service.

YouTube says the deal enables it to offer 'more user choice in the future,' without elaborating on what that enhanced user choice entails.

The two media companies announced a new deal Saturday night. Paramount's streaming service will be offered as an add-on to YouTube TV customers.

Channels like CBS, Nickelodeon, Comedy Central and MTV were at risk of going dark if the companies were unable to reach a new deal.

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.

On Wednesday, YouTube TV announced that “despite our best efforts, we’ve been unable to reach a fair deal with Paramount to keep their channels on YouTube TV and their channels may be unavailable tomorrow,” just weeks before March Madness and the Masters are set to be broadcast on CBS and other Paramount channels.

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,