Stock Market Update

[BRIEFING.COM] The S&P 500 (+0.1%), Nasdaq Composite (+0.2%), and DJIA (flat) remain mixed just after midday. 

Walt Disney (DIS 106.62, +0.82, +0.77%) reached a multi-year distribution agreement with Alphabet's (GOOG 289.17, +12.19, +4.40%) YouTube TV that restores all Disney-owned channels to the platform, ending a blackout that began October 30. While financial terms were not disclosed, the new deal includes expanded streaming integration, signaling a shift toward hybrid linear-streaming carriage models.

Disney channels, including ESPN, ABC, National Geographic, FX, Freeform, and Disney Channel, have been restored, reversing a disruption caused by failed licensing negotiations over content pricing.

While undisclosed financial terms limit visibility, Disney's willingness to include ESPN's new DTC service at no added cost suggests strategic flexibility designed to accelerate user funnel expansion across its bundled ecosystem.