I wonder how much money Disney is going to lose off the cancellations for all of Disney’s streaming. Let say it’s 10%, that’s $2.4b. Linear revenue which includes cable and broadcast is only $2.7b. So even if Trump pulls their broadcast license, they’ll lose more money from this boycott not including boycotts of their movies and theme parks.

It’s hard to imagine even 1% let alone 10%. Disney is too powerful a brand and when people get bored and move on to the next news cycle they will come back.

The broadcast license is also strictly speaking only necessary for over the air stations, it does not apply to cable. Cable providers get ABC for cheap due to Section 111 compulsory licensing (short version: a cable provider can retransmit an OTA station for only a small royalty), but there's nothing stopping Disney from offering ABC to cable providers for a similar cost if their license is pulled.

So, the impact at the end of the day is just lost revenue from antenna users. Cable and satellite would be unaffected. That's got to be a relatively small number in the grand scheme of things.