Disney, YouTube
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Disney CFO Hugh Johnston warns sports fans that the ongoing ESPN-YouTube TV carriage dispute could go "as long as they want".
If you were hoping for Disney and YouTube TV to quickly solve their differences, we've got bad news for you. Two weeks ago, Disney and YouTube TV failed to reach an agreement on a new carriage rights deal.
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."
Disney said that it "cannot predict how long this service blackout will last," referencing its long-running dispute with YouTube TV.
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.
Disney has its quarterly earnings scheduled for Thursday, which could be a potential impetus for a deal to be completed.
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,
Disney's carriage fight with Google's YouTube TV is beginning to create some issues for some of the company's most popular media properties. "NBC Nightly News" was able to claim victory over ABC's ‘World News Tonight" last week among viewers between 25 and 54 - the demographic most coveted by advertisers.