Sports live streaming TV service FuboTV reached a new carriage agreement with Univision that will keep the Spanish-language content on the virtual MVPD platform. The last contract between the two companies expired on June 30, and both FuboTV and Univision had serious difficulties in agreeing on the economic terms of the new deal.
“FuboTV has reached a new agreement with Univision. We are delighted to continue our partnership with the world’s leading Spanish-language media company to bring their popular sports, news and entertainment content to our market-leading Latino package at a reasonable cost to our customers,” FuboTV said in a statement.
"We are pleased to have reached an agreement with FuboTV that will continue to deliver Univision's networks to customers and provide Hispanic viewers access to the most-watched Spanish-language news, sports and entertainment programming in America. We recognize FuboTV's commitment to serving this growing and influential audience with the programming they love, and we look forward to continued partnership," Univision remarked in a separate statement.
The difficulties FuboTV and Univision were having in reaching a new agreement came to light early last month. “In their latest contract offer presented to us for continued carriage of their networks on FuboTV, Univision is seeking to unreasonably increase rates for each Hispanic customer. This would add unneeded burden to our customers in an already challenging economy,” FuboTV expressed via social media on June 28.
If an agreement with Univision had not been reached, it would not have been the first time that FuboTV had been forced to drop content for not reaching carriage terms. Last year, it lost six A+E Networks' channels including A&E, History, and Lifetime, among others. In 2020, it dropped WarnerMedia channels such as TBS, TNT and CNN.