YouTube TV and Disney appear close on ESPN and ABC deal
Digest more
Disney CFO Hugh Johnston said in a quarterly meeting on Thursday that his company was "ready to go as long as [YouTube] wants to" without a deal.
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.
As part of a slew of creator-led programming aimed at Madison Avenue, the Julian Shapiro-Barnum-hosted late-night show 'Outside Tonight' was unveiled as weekly series set in New York City parks and on the streets.