The Bezeq unit had reached an agreement with Disney to run its streaming service on an exclusive basis, shutting out the cablenet HOT and a number of IPTV operators.
Israel’s competition authority has closed an investigation into an exclusive streaming deal between Walt Disney and satellite platform Yes, reported 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 as well with cable company HOT and internet-based TV operators.
The companies had applied for permission from the Competition Authority, which looked into the matter.
The agency said that on Monday, the companies withdrew their request for exclusivity.
In February 2022, Bezeq and its TV services unit Yes have signed a preferential cooperation agreement with Disney+.
As a result, Yes will have to offer Disney+ through its streaming platform, after the service launches in Israel in the summer, and will pay Disney ILS 150m ($46.59m) over three years. Yes has committed to a minimum of 100,000 subscribers after one year, 150,000 subscribers after two years and 200,000 subscribers after three years.