Disney's channels have been blocked from YouTube TV since Oct. 30 as the two companies negotiate a new carriage deal.

The selloff came after Disney reported adjusted earnings of $1.11 a share, as revenue slipped 0.5% from a year ago to $22.46 billion. Analysts were expecting earnings of $1.05 a share on revenue of $22.76 billion, according to a FactSet poll.

YouTube TV's 10 million customers have been without Disney channels for two weeks; CEO Bob Iger told Wall Street analysts: "We're trying really hard ... working tirelessly to close this deal."

Disney's weaker theatrical results affected its fourth-quarter earnings, though its experiences segment continued to perform, particularly the cruise line.