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Disney CEO Bob Iger mentioned the corporate is “working tirelessly” to shut a cope with YouTube TV to restrict the disruption to subscribers.
“We’re trying really hard, as I said, working tirelessly, to close this deal, and we’re hopeful that we’ll be able to do so on a timely enough basis to at least give consumers the opportunity to access our content over their platform,” Iger mentioned on an organization’s earnings name with buyers Thursday.
Echoing the corporate’s earlier feedback, Iger instructed buyers that Disney’s deal is both equal to or higher than what different massive distributors have already agreed to. The chief government mentioned its crucial that Disney agrees to a deal that displays the worth that it delivers, “which both YouTube, by the way, and Alphabet have told us, is greater than the value of any other provider.”
Ticker Safety Final Change Change % DIS THE WALT DISNEY CO. 107.57 -9.15
-7.84%
GOOGL ALPHABET INC. 278.57 -8.14
-2.84%
DISNEY CHANNELS GO DARK ON YOUTUBE TV AS CONTRACT TALKS FAIL
The feedback got here shortly after Morgan Stanley analysts revealed that Disney’s ongoing carriage dispute with YouTube TV is costing the leisure big tens of hundreds of thousands of {dollars} per week. The analysts projected that 14 consecutive days of a YouTube TV blackout would create a $60 million income headwind for the Mouse Home. That quantities to about $30 million per week, or about $4.3 million per day, in misplaced income because of the dispute.
Walt Disney Firm CEO Bob Iger appears to be like on previous to the sport between the Philadelphia Eagles and the Inexperienced Bay Packers at Lambeau Subject on November 10, 2025 in Inexperienced Bay, Wisconsin. (Michael Reaves/Getty Photos / Getty Photos)
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Disney programming, together with ESPN, ABC and FX channels, have been pulled from Google’s YouTube TV platform after the businesses failed to barter contract phrases by the Oct. 30 deadline. One of many points on the heart of the spat was the charges Disney is searching for from YouTube TV to hold its channels.
Basic views of Walt Disney Studios and The Walt Disney Firm company headquarters on December 13, 2023 in Burbank, California. (AaronP/Bauer-Griffin/GC Photos / Getty Photos)
Because the programming was pulled, YouTube argued that it has been advocating for “fair pricing” and that the corporate is not going to conform to phrases that it believes would drawback its members. It additionally mentioned that Disney’s transfer to droop its content material on the platform “directly harms our subscribers while benefiting their own live TV products, including Hulu + Live TV and Fubo.”
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In the meantime, a Disney spokesperson laid blame on YouTube TV, beforehand telling FOX Enterprise that “YouTube TV has chosen to deny their subscribers the content they value most by refusing to pay fair rates for our channels, including ESPN and ABC.” Disney mentioned that this features a “lineup in live sports – anchored by the NFL, NBA, and college football, with 13 of the top 25 college teams playing this weekend.”
Signal with logos for Google and the Google owned video streaming service YouTube on the Googleplex, the Silicon Valley headquarters of search engine and know-how firm Google Inc in Mountain View, California, April 14, 2018. (Smith Assortment/Gado/Getty Photos / Getty Photos)
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“With a $3 trillion market cap, Google is using its market dominance to eliminate competition and undercut the industry-standard terms we’ve successfully negotiated with every other distributor,” the spokesperson mentioned. “We know how frustrating this is for YouTube TV subscribers and remain committed to working toward a resolution as quickly as possible.”
Spanish community Univision is having related negotiations with YouTube.
Shares of Disney fell almost 8% on Thursday.
