TelevisaUnivision pulled its channels from Fubo as new contract term negotiations continued to stall, the TV service revealed Monday. The streaming pay-TV service explained in a statement obtained by TheWrap that the new contract proposed by TelevisaUnivision would result in a price hike.

TV Inc. (NYSE:FUBO) shares are trading lower premarket on Tuesday. On Monday, the company expressed disappointment over TelevisaUnivision‘s decision to pull its programming, leaving thousands of Spanish-speaking consumers without access to vital local news and weather.

FuboTV Inc. (d/b/a/ Fubo) (NYSE: FUBO), the leading sports-first live TV streaming platform, issued the following statement today:

Fubo says that the channel owner is asking for unreasonable fees in its attempts to secure a new deal. Carriage disputes in the television world are only going to get more frequent with more and more viewers deciding to cut the cord.