Benzinga | Sep 27, 2021 04:44PM EDT

NBC Universal Threatens To Blackout Channels From YouTube TV

* Comcast Corp's (NASDAQ:CMCSA) NBC Universal warned its subscribers that it could blackout over 14 channels from Alphabet Inc's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google YouTube TV due to a contract dispute, 9 to 5 Google reports.

* The channels include NBC, SyFy, USA, Bravo, Telemundo.

* NBC directed its customers to "youneedchannels.com" to help the users prevent the loss, including a link to switch their streaming providers.

* NBC Universal admitted seeking "fair rates" from Google over the contract renewal, followed by Google's non-cooperation to make a deal.

* YouTube admitted the dispute and agreed to slash its monthly price by $10 on non-resolution, and the content goes offline. It asked users to sign up for monthly NBC's Peacock streaming service at $4.99 to retain NBCU content.

* Price Action: GOOG shares closed lower by 0.79% at $2,830.02 on Monday.