Disney’s direct-to-consumer business provided a bright spot, with operating income rising US$99 million to US$352 million. Six years after launching the Disney+ video-on-demand service, which suffered billions in losses during its early years, the group has turned it into a significant source of profit.

Disney-owned content is off Google-owned YouTube TV as the two companies failed to renew a contract. It's not the first time it happened.

Disney’s channels will be removed from YouTube’s pay-TV platform after the two media giants failed to reach a new carriage agreement before Thursday’s midnight deadline. The blackout will leave subscribers unable to watch content from Disney networks, including ESPN, ABC, Disney Channel, FX, National Geographic and Freeform.

YouTube TV viewers can no longer see Disney channels including ABC and ESPN after the two sides failed to agree on a new content distribution deal. Other channels that vanished from Google's pay TV platform include the Disney Channel, FX and Nat Geo.

Viewers will be unable to watch Disney-owned channels, including ABC and ESPN, on YouTube TV, after the two companies failed to reach a new distribution agreement. The prior agreement between the two companies expired Thursday at midnight, so customers ...