In an eleventh-hour agreement late Thursday night, YouTube TV reached what it called a "short-term extension" with Paramount to keep channels such as CBS, Comedy Central and MTV on its subscription streaming service after access to them was set to go dark following failed negotiations around a contract renewal.

Paramount Global and YouTube TV have averted disaster, at least for the time being. The two sides have worked out a temporary agreement to keep Paramount-owned channels on the live TV streaming service in the short term,

Dozens of live television channels could soon disappear for YouTube TV subscribers as the streaming service continues to negotiate a new deal with Paramount, owners of CBS, BET, MTV, Comedy Central and more.