Disney shares plunged 8% in early trading Thursday after the company reported disappointing revenue and warned of a prolonged distribution fight with YouTube TV. Why it matters: Disney+ and Hulu's continued growth was overshadowed by a streaming-era carriage disagreement and declines in the legacy TV business.

If you were hoping for Disney and YouTube TV to quickly solve their differences, we've got bad news for you. Two weeks ago, Disney and YouTube TV failed to reach an agreement on a new carriage rights deal.

Disney-owned channels like ESPN and ABC have been pulled off of YouTube TV since Oct. 30. How long will the dispute last? Here's the latest.

YouTube announced on Oct. 30 that Disney owned channels like ESPN and ABC would temporarily not be available for subscribers as both the streaming provider and the House of Mouse work out a new contract.

Strap in, YouTube TV subscribers. The streaming service's blackout of Disney-owned networks including ESPN could be here for the long term. Disney Chief Financial Officer Hugh Johnston told CNBC that the media giant is ready for prolonged negotiations in the contract dispute that's kept its networks off the streaming giant.

Since Oct. 30, YouTube TV and Disney have been involved in a carriage dispute, resulting in both ESPN and ABC being blacked out for all YouTube TV subscribers. It's already one of the longest major carriage disputes in history,

The contract dispute between Disney and YouTube TV continues into another weekend, as the two sides have not reached an agreement despite rumblings there was momentum toward a deal. Walt Disney Co. executives during a Thursday investor call warned the dispute could drag on,

The YouTube TV-Disney dispute has cut off ESPN and ABC. Try these streaming alternatives with free trial offers to keep watching.