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Disney is losing  $4.3 mn/day due to YouTube TV blackout: Report
Disney is losing around $4.3 million every day or $30 million per week due to its ongoing dispute with YouTube TV over a new content distribution contract, Newsbytes reported, citing Morgan Stanley. The blackout, which began on October 30 after contract talks collapsed, has left ESPN, ABC, and other Disney-owned channels unavailable to YouTube TV’s estimated 10 million subscribers.
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'It is likely to face $60 mn revenue shortfall'
Morgan Stanley's Ben Swinburne said about Disney
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