Disney vs YouTube feud explained — how long the blackout could last as shares fall
Disney has warned that its big fight with YouTube TV over channel fees may last for a while. This has made investors nervous because Disney’s TV business is already struggling, and this fight is only causing more trouble.
The company also reported quarterly results, and even though Disney’s parks and streaming business did well, its TV problems resulted in low numbers. Disney’s revenue was $22.5 billion, slightly lower than what analysts expected, and its stock fell more than 8% on Thursday.
