Name: Disney, YouTube Settle Carriage Dispute, Eyes Long-Term Strategy
Uploaded: 2025-11-18T17:10:23-05:00
Duration: 4 min 38 s
Description: Disney hinted at future projects in an earnings call, quickly securing a vital ESPN deal on YouTube TV through fast negotiations. We break down the lateest.

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Things really kind of moved pretty quickly because Thursday morning when Disney had its quarterly earnings report, they really kind of signaled that they were potentially in for the long haul and they were gonna really stick to their guns. Um, we don't know the full terms of the deal. It did seem like they did get pretty much parsing words their, their desired economic terms, but once that sort of notion got out there, That this thing could really go on for a while, you know, there was a huge groan from the consumer marketplace that they, this was the last thing they wanted to hear, and I think You know, having another weekend, big sports weekend of consumer blowback, um, you know, I think sort of forced some energy in the direction of finally getting this done. It also seems like one of the keys to this deal is ESPN Unlimited being ingested into YouTube TV. I think by the end of 2026, what do we know about that because that's really sort of the key premium tier here for ESPN. Yeah, it's, it's a huge part of this deal. There are some similar components in some of the other, uh, other deals that ESPN has, but having that sort of all the full bells and whistles of the direct to consumer product embedded within YouTube TV, it's a huge value add for their subscribers. So who at the end of the day do you think blinked first here? I mean, there was a lot of. That maybe Google had won this this carriage fight. Do you think Disney sort of blinked here? I would say based, again, we don't know the full terms of the deal, but based on what we sort of parsed through, I would say the deal in and of itself looks to be kind of a draw where everybody kind of gets a little something and walks away a little unhappy at the same time, like a lot of these. Fights. Um, so in the, the core deal itself looks fairly even, but given again the stance of where Disney publicly said they were Thursday morning, again, that looks, you could sort of call it maybe a little bit of a blanket certainly is a surprise that in the span of about 36 hours, 35 hours to go from one. Posture to a radically different one that certainly caught me off guard. So YouTube TV subscribers now have had a carriage sort of negotiation with Fox, with NBC, now here with ABC. Are there any other big ones for YouTube TV subscribers to have to worry about in the foreseeable future? Not for a little while here. I mean, there's some smaller ones that are certainly going to come up, but just in the last 6 or 7 months here, YouTube TV has now done the full sweep. Of the four major broadcast networks in the US and their respective companies. Uh, so that's Paramount and CBS and then NBC and then Fox and now Disney and ESPN, um, you know, those are all now done for multiple years. Is Rob Manford calling you? What? Who is that? Um, uh, with the last little bit of time that we got over here with you, uh, any other things that really sort of stood out to you in this negotiation here? Uh, again, it's just, um, how ugly this one really sort of got that the other ones, uh, you know, resolved a little more quickly. Um, this one, you know, for a variety of reasons got, you know, really out there. It went for the 15 days. Um, and in our world in sports, it's just because, uh, you, we have sort of an overindexing to a certain degree among YouTube TV subscribers, among hardcore sports fans. This one. Also seemed to resonate a little bit more deeply in our world. Um, so, uh, for a variety of reasons, this one just, uh, you know, really kind of bubbled up in a different way, and I think there will be some scars going forward. And what I'm also going to be interested to see is how they sort of come out on the other side because it You know, a couple of years ago had a bruising one between Disney and Spectrum, and now they talk openly and publicly about all the new ground they're breaking together. And so, you know, it's one thing to get the deal done, but sort of then to get to this other level like Disney has with Spectrum, it's gonna be very interesting to see if we get to Any sort of posture like that with YouTube. I'm glad you mention all this because look, Eric, you've covered these fights when they're with cable networks like Charter or Spectrum. Do we think we've learned anything differently about the negotiations with tech companies like Google and is this sort of like portend anything down the road about how these negotiations could go in the future? Yeah, I, it, it's certainly worth noting that the scale and the economic resources and the pressure points for Google, just given the nature of their company and their size, are very different than some of these other legacy carriers. And so, yes, you know, perhaps a bit of a wake-up call for programmers of all types that you have to sort of go into this with a, a different strategy and a different mindset.