Disney, YouTube
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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 said that it "cannot predict how long this service blackout will last," referencing its long-running dispute with YouTube TV.
Disney has its quarterly earnings scheduled for Thursday, which could be a potential impetus for a deal to be completed.
YouTube TV's 10 million customers have been without Disney channels for two weeks; CEO Bob Iger told Wall Street analysts: "We're trying really hard ... working tirelessly to close this deal."
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How YouTube TV subscribers can get their $20 credit while Disney’s ESPN and ABC remain off the air
Open YouTube TV in a web browser and go to your Membership Settings. Click Membership. Click Manage. Click Cancel Membership, and then click Cancel to confirm.
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 YouTube TV-Disney dispute has cut off ESPN and ABC. Try these streaming alternatives with free trial offers to keep watching.
CNBC’s Julia Boorstin and Disney CFO Hugh Johnston join 'Squawk Box' to discuss the company's quarterly earnings results, the company's streaming strategy, Disney's theme parks business, negotiations over YouTube TV blackout,
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.'