Evernote ISI senior managing partner Mark Mahaney explains why Netflix stock is a good investment despite competition for streaming competitors on ‘Varney & Co.’
Disney came to an agreement with YouTube TV Friday night, responding to previous disruptions to subscribers in their first official public statement on the deal.
“The Walt Disney Company announced a multi-year distribution agreement with YouTube TV that delivers Disney’s marquee sports, news and entertainment programming – along with greater choice and value for their customers,” Disney said in their release. “As part of the new deal, Disney’s full suite of networks and stations – including ESPN and ABC – have already begun to be restored to YouTube TV subscribers.”
Key elements of the agreement include carriage of the “full linear portfolio” Disney has to offer on YouTube TV including its ESPN, ABC, Freeform, FX, and National Geographic programming.
“This new agreement reflects our continued commitment to delivering exceptional entertainment and evolving with how audiences choose to watch,’’ said Disney Entertainment Co-Chairmen Alan Bergman and Dana Walden and ESPN Chairman Jimmy Pitaro.
“It recognizes the tremendous value of Disney’s programming and provides YouTube TV subscribers with more flexibility and choice. We are pleased that our networks have been restored in time for fans to enjoy the many great programming options this weekend, including college football.”
Disney CEO Bob Iger had previously said the company is “working tirelessly” to close a deal with YouTube TV to limit the disruption to subscribers.
“We’re trying really hard, as I said, working tirelessly, to close this deal, and we’re hopeful that we’ll be able to do so on a timely enough basis to at least give consumers the opportunity to access our content over their platform,” Iger said on a company’s earnings call with investors Thursday.
Echoing the company’s earlier comments, Iger told investors that Disney’s deal is either equal to or better than what other large distributors have already agreed to. The chief executive said it’s imperative that Disney agrees to a deal that reflects the value that it delivers, “which both YouTube, by the way, and Alphabet have told us, is greater than the value of any other provider.”
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| DIS | THE WALT DISNEY CO. | 104.64 | -1.67 | -1.57% |
| GOOGL | ALPHABET INC. | 292.81 | +8.53 | +3.00% |
DISNEY CHANNELS GO DARK ON YOUTUBE TV AS CONTRACT TALKS FAIL
The comments came shortly after Morgan Stanley analysts revealed that Disney’s ongoing carriage dispute with YouTube TV is costing the entertainment giant tens of millions of dollars per week. The analysts projected that 14 consecutive days of a YouTube TV blackout would create a $60 million revenue headwind for the Mouse House. That amounts to about $30 million per week, or about $4.3 million per day, in lost revenue due to the dispute.
Walt Disney Company CEO Bob Iger looks on prior to the game between the Philadelphia Eagles and the Green Bay Packers at Lambeau Field on November 10, 2025 in Green Bay, Wisconsin. (Michael Reaves/Getty Images / Getty Images)
DISNEY ANNOUNCES MAJOR PLANS TO COMMEMORATE AMERICA’S 250TH ANNIVERSARY
Disney programming, including ESPN, ABC and FX channels, were pulled from Google’s YouTube TV platform after the companies failed to negotiate contract terms by the Oct. 30 deadline. One of the issues at the center of the spat was the fees Disney is seeking from YouTube TV to carry its channels.
General views of Walt Disney Studios and The Walt Disney Company corporate headquarters on December 13, 2023 in Burbank, California. (AaronP/Bauer-Griffin/GC Images / Getty Images)
As the programming was pulled, YouTube argued that it has been advocating for “fair pricing” and that the company will not agree to terms that it believes would disadvantage its members. It also said that Disney’s move to suspend its content on the platform “directly harms our subscribers while benefiting their own live TV products, including Hulu + Live TV and Fubo.”
DISNEY+ LOST NEARLY 3 MILLION SUBSCRIBERS AFTER JIMMY KIMMEL SUSPENSION: REPORT
Meanwhile, a Disney spokesperson laid blame on YouTube TV, previously telling FOX Business that “YouTube TV has chosen to deny their subscribers the content they value most by refusing to pay fair rates for our channels, including ESPN and ABC.” Disney said that this includes a “lineup in live sports – anchored by the NFL, NBA, and college football, with 13 of the top 25 college teams playing this weekend.”
Sign with logos for Google and the Google-owned video streaming service YouTube at the Googleplex, the Silicon Valley headquarters of search engine and technology company Google Inc in Mountain View, California, April 14, 2018. (Smith Collection/Gado/Getty Images / Getty Images)
GET FOX BUSINESS ON THE GO BY CLICKING HERE
“With a $3 trillion market cap, Google is using its market dominance to eliminate competition and undercut the industry-standard terms we’ve successfully negotiated with every other distributor,” the spokesperson said. “We know how frustrating this is for YouTube TV subscribers and remain committed to working toward a resolution as quickly as possible.”
Spanish network Univision is having similar negotiations with YouTube.
Shares of Disney fell nearly 8% on Thursday.