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Disney CEO Bob Iger reacts to YouTube TV deal

1. Disney CEO Iger emphasizes urgency in securing YouTube TV deal. 2. Morgan Stanley estimates Disney incurs $30 million per week in losses. 3. Disney channels pulled from YouTube TV due to failed negotiations. 4. Iger asserts Disney's value exceeds agreements with other distributors. 5. Shares of Disney fell nearly 8% amid ongoing carriage dispute.

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FAQ

Why Bearish?

The ongoing dispute has significant revenue implications, similar to past network issues that hurt stock prices. For instance, in 2019, similar carriage disputes resulted in declines in viewership and share performance.

How important is it?

This article directly affects DIS's revenue and market perception, as carriage disputes can lead to immediate financial impacts and investor reactions.

Why Short Term?

The revenue impact from the blackout is immediate, and stock reactions are often swift in such scenarios. Stock price adjustments could occur quickly based on resolution timelines.

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