"Jimmy Kimmel lives on. Now Disney has a new headache: the YouTube TV blackout. But Disney CEO Bob Iger told investors during the company's most recent earnings call on Thursday morning that Disney is "working tirelessly" to strike a deal that will end the ongoing carriage dispute that's led to more 20 of its channels going dark on YouTube TV. Disney's CFO, Hugh Johnston, however, was a bit less optimistic: "These discussions could go for a little while," he said."
"ESPN will still have its own app, but its content will also be available within Disney+, the way Hulu content currently is. When Disney first entered the streaming market, Iger insisted that it made sense to have a separate app for each type of content - Disney, Hulu and sports - since each would supposedly attract a different audience. But, apparently, that isn't entirely true."
Disney is working to strike a deal to end a carriage dispute that has left more than 20 of its channels dark on YouTube TV. The company cautions that negotiations could take some time. Fiscal Q4 revenue was $22.4 billion, a 3% year-over-year increase that fell short of expectations and coincided with an approximate 9% drop in the company's stock. Plans call for unifying streaming services and phasing out the Hulu app while keeping ESPN as a standalone app with its content available within Disney+. Subscriber data shows lower churn among households bundling Disney+ with other offerings, and new bundles are planned.
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