Disney, YouTube
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YouTube once developed and acquired exclusive original content. But the massive video platform has since largely exited that business — and now firmly puts its shoulder into promoting top YouTube creators who drive billions of views.
On the streaming topic, analysts pointed out that they were taking into account 14 days of impact from the ongoing YouTube TV blackout, which they estimated at “$60 million revenue headwind.” This means that with each week that passes with Disney channels not accessible via YouTube TV, Disney is losing around $30 million.
Disney and Google have been locked in a standoff since Oct. 30, leaving YouTube TV customers without Disney's slate of networks like ABC and ESPN.
Disney's YouTube TV blackout costs entertainment giant $30 million weekly as carriage dispute continues over channel fees and fair pricing terms.
Two weeks into the YouTube TV blackout of Disney networks including ESPN and ABC, Disney CEO Bob Iger said the company is working 'tirelessly' to close a deal but that it's 'imperative' a renewal 'reflects the value that we deliver.
The Disney-YouTube TV fight is on day 13. One analyst expects a deal before Disney's earnings report.
Disney has its quarterly earnings scheduled for Thursday, which could be a potential impetus for a deal to be completed.
Two weeks into the YouTube TV blackout of Disney networks including ESPN and ABC, Disney CFO Hugh Johnston said 'we’re ready to go as long as they want to.'
YouTube TV's reported demand of Disney led to a standoff that left customers without ABC and ESPN for nearly two weeks.
The current carriage dispute between Disney and YouTube TV, which has led to the unavailability of ABC among YouTube’s pay-TV subscribers, has worked in favor of NBC Nightly News, which finished in first place in the advertiser-coveted demo of Adults 25-54 for the week of November 3.