Core Insights - Disney is currently engaged in negotiations with YouTube TV regarding a carriage dispute that has resulted in the blackout of several key networks, including ABC and ESPN, affecting millions of subscribers [1][2]. Group 1: Negotiation Status - Disney's CFO, Hugh Johnston, confirmed that negotiations are ongoing and that the company is prepared for a challenging battle [1]. - The standoff has lasted for two weeks, with significant programming, including college football and Monday Night Football, being affected [2]. Group 2: Impact on Viewers and Ratings - The absence of Disney's networks on YouTube TV has led to a 21% decline in ratings for a key NFL game scheduled for November 3 [2]. - Johnston emphasized that the situation is detrimental to YouTube customers who are missing critical sports content during the football season [4]. Group 3: Leverage in Negotiations - Johnston argued that Disney may have leverage in the negotiations due to the importance of sports content for viewers, suggesting that there are alternative platforms available for sports [4]. - He refrained from discussing specific negotiation points, indicating that both parties have their own demands [5].
Disney CFO On YouTube TV Carriage Fight – “We're Ready To Go As Long As They Want To”