Disney Settles $50M Lawsuit Over Streaming Price Increases
Eda Kaplan
Disney has agreed to a $50 million settlement to resolve claims that it coerced YouTube TV and DirecTV Stream into raising their subscription prices. Customers subscribed to these services between April 1, 2019, and March 31, 2026, may be eligible for a cash payout.
Attention, cord-cutters! If you've been a subscriber to YouTube TV or DirecTV Stream at any point between April 1st, 2019, and March 31st, 2026, you might be in line for a cash payout. Disney has reached a proposed settlement agreement, agreeing to pay out $50 million to resolve allegations that it pressured these streaming services into increasing their subscription costs.
This significant settlement aims to address claims that Disney's actions led to higher bills for subscribers. The final settlement hearing is scheduled for January 14th, 2027, but interested parties need to act sooner rather than later. All claims must be submitted through the dedicated online settlement portal by September 8th, 2026.
While the exact amount each eligible user will receive hasn't been disclosed yet, the settlement portal provides detailed information on eligibility criteria. This is a developing story, and we'll be keeping an eye on how the payouts are distributed. It's a good reminder for all of us to stay informed about the business practices of the services we subscribe to!
Original Source: https://www.theverge.com/streaming/956712/disney-youtube-tv-directv-streaming-settlement
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