Disney will pay $10 million to settle FTC claim it used cartoons to collect YouTube data on kids
Share this @internewscast.com

Disney finds itself embroiled in a costly standoff with Google’s YouTube TV, resulting in an estimated daily revenue loss of $4.3 million, according to Morgan Stanley. The financial toll, amounting to roughly $30 million each week, comes as a result of a blackout that has now persisted for nearly two weeks, affecting popular channels like ABC and ESPN.

As the blackout continues into its 12th day, analysts predict that a resolution between Disney and Google might be on the horizon by the week’s end, as reported by Variety. The dispute not only impacts Disney but also takes a toll on Google. Survey data by Drive Research, involving 1,100 U.S. consumers, highlights that 24% have either canceled or are considering canceling their subscriptions due to the ongoing channel unavailability.

More than 20 Disney-owned channels went dark on YouTube TV after their contract expired at 11:59 PM ET on October 30th. While Google accuses Disney of pulling its channels from YouTube TV as a “negotiating tactic,” and says its terms would rise prices for YouTube TV customers, Disney says Google is “refusing to pay fair rates” for its content. Google has been giving $20 credits to its subscribers during the blackout, but it remains to be seen which will end first: the Disney-Google blackout or the government shutdown.

Share this @internewscast.com
You May Also Like

Revolutionizing Your Galaxy Experience: Samsung Integrates Advanced Perplexity AI!

Galaxy S26 users will soon have a new digital assistant option with…

Tumbler Ridge School Shooting Suspect Used ChatGPT to Outline Violent Scenarios

In the months leading up to the tragic mass shooting in Tumbler…

Trump Warns Netflix of ‘Consequences’ Over Susan Rice Position: A New Political Clash Unfolds

Former President Donald Trump has issued a stark warning to Netflix, suggesting…