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  • Disney content has gone dark on YouTube TV: What you need to know

    NEW YORK (AP) — 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.

    That’s because the companies have failed to reach a new licensing deal to keep Disney channels on YouTube TV. Depending on how long it lasts, the dispute could particularly impact coverage of U.S. college football matchups over the weekend — as well as NBA and NFL games — on top of other news and entertainment disruptions that have already arrived.

    In the meantime, YouTube TV subscribers who want to watch Disney channels could have little choice other than turning to the company’s own platforms — which come with their own price tags.

    Here’s what we know.

    Why is Disney content not on YouTube TV today?

    Disney content was pulled from YouTube TV after a carriage agreement expired on Thursday. The two sides have been unable to reach a new deal to continue licensing Disney channels on the platform — resulting in the current blackout.

    YouTube TV says that Disney is proposing terms that would be too costly, resulting in higher prices and fewer choices for its subscribers. Google’s streamer has accused Disney of following through on “the threat of a blackout on YouTube TV as a negotiating tactic” — and claims that the move also benefits Disney’s own streaming products like Hulu + Live TV and Fubo.

    Meanwhile, Disney says that YouTube TV has refused to pay fair rates of its channels — and is therefore choosing “to deny their subscribers the content they value most.” The California entertainment giant also accused Google of “using its market dominance to eliminate competition and undercut the industry-standard terms we’ve successfully negotiated with every other distributor.”

    What channels are impacted?

    ESPN and ABC are among the biggest networks that YouTube TV subscribers can no longer access amid the dispute.

    And beyond those top sports and news offerings, other Disney-owned content that is now dark on the platform include channels specific to U.S. college athletic regions, like the Atlantic Coast Conference and the Southeastern Conference. NatGeo and FX are also impacted.

    Here’s a recap of the full list outlined by YouTube TV:

    • 1. ESPN, ESPN2, ESPNU, ESPNews and ESPN Deportes (Spanish Plan)
    • 2. ABC and ABC News Live
    • 3. Nat Geo, Nat Geo Wild and Nat Geo Mundo (Spanish Plan)
    • 4. Disney Channel, Disney Junior and Disney XD
    • 5. FX, FXX and FXM
    • 6. SEC Network and ACC Network
    • 7. Freeform
    • 8. Localish
    • 9. Baby TV Español (Spanish Plan)

    Google says that streamer adds-ons like 4K Plus and Spanish Plus are also affected.

    Where else can I watch ESPN and ABC?

    Consumers can continue to watch Disney’s sports programming on the company’s own ESPN offerings — but it will come with an additional cost. For streaming, the network launched its own platform earlier this year under the same ESPN name, starting at $29.99 a month.

    Other Disney content can be found on platforms like Hulu, Disney+ and Fubo. Again, those come with their own price tags. Disney also allows people to bundle ESPN along with Hulu and Disney+ for $35.99 a month — or $29.99 a month for the first year.

    But if you’re a YouTube TV subscriber and don’t have these additional subscribers — or want to pay more in the meantime — you’ll be left without access to this Disney content as long as the impasse lasts. YouTube TV said it would give subscribers a $20 credit if Disney content unavailable “for an extended period of time.”

    YouTube TV’s base subscription plan costs $82.99 per month. Beyond Disney content, the platform currently offers live TV from networks like NBC, CBS, Fox, BBC, PBS, Hallmark, Food Network and more.

    How long could the dispute last?

    YouTube TV and Disney have acknowledged that the disruption is frustrating — and both maintain that they’re still committed to finding a resolution. But only time will tell.

    The current blackout marks the latest in growing list of licensing disputes that impact consumers’ access to content.

    From sports events to awards shows, live programming that was once reserved for broadcast has increasingly made its way into the streaming world over the years — as more and more consumers ditch traditional cable or satellite TV subscriptions for content they can get online. But renewing carriage agreements can also mean tense contract negotiations, particularly amid growing competition in the space.

    YouTube TV and Disney have been down this road before. In 2021, YouTube TV subscribers also briefly lost access to all Disney content on the platform after a similar contract breakdown between the two companies. That outage lasted less than two days, with the companies eventually reaching an agreement.

    Some past impasses have been shorter and limited to a matter of hours — or found a way to temporarily ward of disruptions at the last minute. In August, for example, YouTube TV reached a “short-term extension” in its contract dispute with Fox, and the two later reached a new licensing deal.

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  • Amazon hoists Wall Street toward another winning week and month

    NEW YORK (AP) — The mighty heft of Amazon is hoisting the U.S. stock market higher on Friday.

    The S&P 500 rose 0.6%, erasing some of its slump from the day before and pulling closer to its all-time high set on Tuesday. The index is on track to close a third straight winning week and a sixth straight winning month, which would be its longest monthly winning streak since 2021.

    The Dow Jones Industrial Average was up 65 points, or 0.1%, as of 11:30 a.m. Eastern time, and the Nasdaq composite was 1.1% higher.

    Amazon led the way after jumping 11.2%. The retail giant was by far the strongest force lifting the market after reporting profit for the latest quarter that blew past analysts’ expectations. CEO Andy Jassy said growth for its booming cloud-computing business has reaccelerated back to a pace it hasn’t seen since 2022.

    Because Amazon is so massive, worth roughly $2.4 trillion, its stock movements carry more weight on the S&P 500 than almost any other company’s. It alone accounted for the majority of Friday’s gain for the index at the heart of many 401(k) accounts.

    Another highly influential stock, Apple, was having less of an effect even though it’s bigger than Amazon. Apple, which is worth more than $4 trillion, was swinging between modest gains and losses and was most recently down 0.1%.

    It likewise delivered a better profit report than analysts expected, though by not as big a margin as Amazon did. CEO Tim Cook said it benefited from strong revenue for both its iPhone lineup and its services offerings, which include its app store.

    Elsewhere on Wall Street, online message board Reddit jumped 16% to erase losses from earlier in the week after reporting stronger profit and revenue for the latest quarter than analysts expected.

    Coinbase Global rose 9.1% after the crypto exchange’s profit likewise topped expectations.

    Outside of earnings reports, Netflix added 3.8% after the video streamer announced a move that could make its stock price more affordable but still leave all its investors holding the same amount. Netflix will undergo a 10-for-1 stock split, where it will give nine additional shares to every investor with one.

    They helped offset a 3.8% drop for AbbVie, even though the medicine maker reported stronger profit for the latest quarter than expected. Analysts pointed to how it’s beating forecasts by less than before, and expectations may have been high after AbbVie’s stock came into the day with a strong 28.4% gain for the year so far.

    The pressure is on companies to deliver strong growth in profits to justify the huge gains their stock prices have made since April. Criticism has been growing that the stock market has become too expensive.

    Friday’s gains helped Wall Street recover from Thursday’s slump, when the S&P 500 fell 1%. Investors appeared unnerved by big increases in spending that Meta Platforms and Microsoft are planning as the investment spree keeps gushing for artificial-intelligence technology. Financial markets also appeared skeptical that President Donald Trump’s trade truce with China would put an end to tensions between the two countries.

    Additional drops of 1.1% for Microsoft and 1.3% for Meta on Friday were two of the heaviest weights on the U.S. market.

    In stock markets abroad, indexes dipped in Europe following a mixed finish in Asia Friday.

    Stocks fell 1.4% in Hong Kong and 0.8% in Shanghai after data showed factory activity in China contracted in October for a seventh straight month and at the fastest pace in six months.

    Japan’s Nikkei 225, meanwhile, jumped 2.1% to another record after a report showed industrial production rose more in September than expected.

    In the bond market, Treasury yields eased after their spurt higher in the middle of the week, when Federal Reserve Chair Jerome Powell warned that another cut to interest rates in December “is not a foregone conclusion — far from it.”

    The yield on the 10-year Treasury dipped to 4.09% from 4.11% late Thursday, but it’s still above the 3.99% level it was at before Powell’s warning.

    Other central banks have halted cuts to rates or hinted at pauses recently, and “it seems this is it for the 2025 easing season in developed economies,” economists at Bank of America wrote in a BofA Global Research report.

    ___

    AP Business Writers Teresa Cerojano and Matt Ott contributed.

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