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New York Post
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Disney shares plunge 9% as ABC's ‘World News Tonight' ratings tank amid YouTube TV dispute

1. Disney's stock fell over 9% due to YouTube TV disputes. 2. ABC's ratings dropped, losing viewership in the key demographic to NBC. 3. Disney's Q4 profits from linear TV plunged 21% year-over-year. 4. Disney faces a $30 million weekly loss due to YouTube blackout. 5. Streaming income rose 39%, nearing linear TV profits amid challenges.

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FAQ

Why Bearish?

Ongoing disputes with YouTube TV indicate persistent revenue challenges, contributing to declining stock prices. Historical instances, such as disputes causing sustained viewer loss, illustrate negative financial ramifications.

How important is it?

The article outlines significant developments impacting Disney's core business operations, particularly its television segment, which directly affects investor sentiment and stock performance.

Why Short Term?

Immediate losses from the YouTube TV incident may affect short-term performance. However, potential recovery avenues in streaming could stabilize factors in the coming quarters.

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