Post: Disney is losing over $4 million a day in revenue on the YouTube TV blackout

Disney is losing over  million a day in revenue on the YouTube TV blackout

According to Morgan Stanley estimates, Google’s YouTube TV with Disney’s YouTube TV is costing the entertainment giant $4.3 million a day in lost revenue.

That’s $30 million a week including channel blackouts ABC And ESPN extends to its 12th day, Kind of Reportsalthough analysts expect Disney and Google to reach a resolution by the end of the week. This controversy is also costing Google. Kind of reports A drive research survey 1,100 US customers 24% canceled or planned to cancel their subscriptions.

More than 20 Disney-owned channels on YouTube TV went dark after the deadline expired on October 30 at 11:59 PM ET. While Google blames Disney for pulling its channels from YouTube TV as a “negotiation ploy” and saying its terms would raise prices for YouTube TV subscribers, Disney says Google is “refusing to pay fair rates” for its content. Google has been Giving a $20 credit to its users during the blackout, but it remains to be seen which will end first: the Disney Google blackout or the government shutdown.