Disney and YouTube TV Play Nice -- Just in Time
Somebody blinked in the standoff between Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) YouTube TV and Walt Disney (NYSE: DIS). The live TV streaming service warned its 4 million subscribers over the weekend that all Disney content -- including local ABC affiliate stations -- would be wiped from YouTube TV by Saturday.
All of the roughly 18 channels went dark on the platform, but the disruption didn't last. A truce was announced by Sunday, and all of the content was back. We don't know which side caved or if both parties had to make concessions to bridge their differences. It doesn't matter. The blackout was a lose-lose scenario for both parties. Let's break it down, pointing out how both blue chips skirted disaster with this compromise.
Image source: Getty Images.
Source Fool.com
