- | 11:30 am
Disney withdraws exclusive Disney+ streaming deal with Israel’s YES
Disney can now negotiate and enter into any agreement regarding the distribution of Disney+ broadcasts with YES competitors.
Israel’s Competition Authority has closed a case against Walt Disney and Bezeq Israel Telecom’s satellite TV unit YES after the companies agreed to cancel an exclusive streaming deal, according to Reuters.
Disney Israel launched its Disney+ streaming service earlier this month, and it had forged an exclusive deal with YES to offer the service rather than make deals with cable company HOT and internet-based TV operators.
The companies had filed for permission from the competition authority, which looked into the matter. The agency said that the companies withdrew their request for exclusivity on Monday.
In February, Bezeq and its TV services unit YES signed a preferential cooperation agreement with Disney+.
Now that Disney and Bezeq have withdrawn that request for exclusivity, Disney is free to negotiate and enter into any agreement regarding the distribution of Disney+ broadcasts with competitors of YES.
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The announcement follows previous reports that YES would offer Disney+, after the service launched in Israel, $46.59m over three years. YES had reportedly committed to a minimum of 100,000 subscribers after one year, 150,000 subscribers after two years and 200,000 subscribers after three years.
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