Home Tech/AIDisney is experiencing a daily revenue loss exceeding $4 million due to the YouTube TV blackout.

Disney is experiencing a daily revenue loss exceeding $4 million due to the YouTube TV blackout.

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Disney is experiencing a daily revenue loss exceeding $4 million due to the YouTube TV blackout.

  • Entertainment

Experts anticipate that the blackout will conclude this week.

Experts anticipate that the blackout will conclude this week.

STK157_Disney_01 (1)
STK157_Disney_01 (1)
Lauren Feiner
is a senior policy journalist at The Verge, focusing on the intersection of Silicon Valley and Capitol Hill. She has dedicated 5 years to covering technology policy at CNBC, reporting on antitrust, privacy, and content moderation changes.

Disney’s conflict with Google’s YouTube TV regarding a new content distribution agreement is causing the entertainment behemoth to lose $4.3 million daily in revenue, according to Morgan Stanley.

That amounts to $30 million weekly as the blackout of channels such as ABC and ESPN continues into its 12th day, Variety notes, while analysts are hopeful that Disney and Google will come to an agreement before the week concludes. This conflict is also impacting Google — Variety indicates that a Drive Research survey of 1,100 US consumers revealed that 24 percent have canceled or are planning to cancel their subscriptions.

Over 20 channels owned by Disney went offline on YouTube TV when their agreement expired at 11:59 PM ET on October 30th. Although Google claims Disney is removing its channels from YouTube TV as a “bargaining strategy,” stating that the proposed terms would increase prices for YouTube TV subscribers, Disney argues that Google is “unwilling to provide fair rates” for its programming. Google has been offering $20 credits to its users during the blackout, but it remains uncertain which will conclude first: the Disney-Google blackout or the government shutdown.

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