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.

YouTube and Paramount were struggling to reach "a fair deal," potentially causing all 30+ Paramount channels to disappear. That crisis was avoided.

YouTube TV and Paramount have reached a long-term deal after negotiations became murky last week and the threat of channels like CBS, Comedy Central, Nickelodeon, and MTV going dark on the Google-owned platform almost became a reality.