Guess the mouse investors weren't too happy.
" LOS ANGELES, Nov 13 (Reuters) - Walt Disney
(DIS.N), opens new tab signaled on Thursday it was girding for a potentially prolonged fight with YouTube TV over distribution of its television networks, worrying investors about the outlook for its already declining TV business."
" The company also missed quarterly revenue expectations as the cable weakness overshadowed strong growth in the company's streaming and parks businesses central to its growth. Shares were down 8.3% in afternoon trading Thursday."
" Morgan Stanley analysts estimate a 14-day blackout on YouTube TV would cost Disney about
$60 million in revenue."
Dispute with YouTube