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.

Several channels owned by Paramount Global, including CBS, Comedy Central and MTV, will soon disappear from YouTube TV on Thursday if the two companies don’t reach a contract renewal.

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.