Credit: Joe Maring / Android Authority
TL;DR
- YouTube TV and Disney reached a distribution agreement in November, ending a multi-week blackout of Disney content on the platform.
- A new report now reveals how big a financial hit Disney’s sports broadcasting arm suffered due to the blackout.
- ESPN’s daily revenue loss was over $7 million per day, totaling a loss of over $110 million in operational revenue.
Last year, in October, Google announced it was in negotiations with Disney to keep networks like ABC and ESPN on YouTube TV. As the two parties failed to reach an agreement before the then-existing licensing deal expired, a Disney media blackout ensued. Although both corporations were predicted to lose millions during the blackout, the situation wasn’t resolved until mid-November. Now we’re starting to learn just how big a financial impact that blackout had on Disney.
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