Disney shares plunge 9% as ABC’s ‘World News Tonight’ ratings tank amid YouTube TV dispute
Bearish
-78.7
The Walt Disney Co. said it is digging in for a lengthy standoff with Google-owned YouTube TV over carriage fees — stoking investor fears over the Mouse House’s struggling TV business and sending its stock plunging more than 9%. Disney’s impasse with YouTube has put a dent into ABC’s ratings, particularly during its evening news...
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