In its last quarter before being acquired by Disney, pay-TV provider Fubo beat Wall Street forecasts and reached 1.63 million North American subscribers.
Disney content has gone dark on YouTube TV, leaving subscribers of the Google-owned live streaming platform without access to major networks like ESPN and ABC.
Disney programming including ESPN, ABC and FX channels went dark on YouTube TV after the companies failed to reach agreement on contract renewal terms.
YouTube TV subscribers lost access to Disney-owned networks including ESPN, ABC and FX late on Thursday night after negotiations between the two companies over carriage fees collapsed. The blackout hit roughly 10 million homes shortly before an 11:59 p.m.
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Subscribers won't be able to watch ESPN or ABC after the two sides failed to agree a licensing deal.
YouTube TV and Disney failed to agree on terms ahead of the expiration of a distribution contract on Thursday. "This means you will no longer be able to watch channels like ABC and ESPN or access recordings from these networks in your Library," YouTube said in a statement.
YouTube TV dropped ESPN, ABC and other channels after a new deal couldn't be reached.
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The Google-owned pay-TV service has amassed considerable clout with its growing base of about 10 million subscribers. Its negotiations with Disney could test how much power it really holds.
Zacks Media Conglomerates industry players like DIS, PSKY and STRZ gain from the rising demand for high-speed Internet and increased media consumption.
Sean Bailey's new venture pursues Silicon Valley partnerships to speed up TV and movie making and reduce costs.