1. Disney loses $30 million weekly from YouTube TV dispute. 2. Morgan Stanley estimates a $60 million revenue headwind due to the blackout. 3. YouTube TV is offering customers $20 credits for loss of Disney channels. 4. Dispute may affect adjusted earnings per share by $0.02 weekly. 5. Morgan Stanley reiterates an overweight rating with a $140 price target.
The ongoing dispute with YouTube TV directly impacts Disney's revenues. Similar past disputes resulted in temporary stock declines, indicating market sensitivity to such developments.
The article highlights a significant revenue loss for Disney, affecting short-term financial health. This ongoing dispute's visibility in the market could influence investor confidence and stock price.
The immediate financial impact is quantifiable from the revenue losses. If a resolution occurs soon, the effect may be limited to the current quarter.