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Update: Disney and Charter/Spectrum reach agreement to end blackout


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No one is (publicly) giving a millimeter in this one (yet)!

 

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WWW.CNBC.COM

Charter Communications and Disney have been embroiled in a dispute since last week, leaving millions of cable customers without networks like ESPN and FX.

 

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On Thursday, Charter CEO Chris Winfrey said that “Disney will be who decides” what happens in the dispute.

 

“Sitting here today, if I had anything material to highlight I would, so that should tell you something on how we’re doing,” Winfrey said at the Goldman Sachs’ Communacopia and Technology conference, regarding the state of the negotiations as the beginning of the NFL season nears. He added both companies feel a sense of urgency to resolve this quickly.

 

Disney’s latest statement also indicated that the stalemate persists.

 

“It’s unfortunate that Charter decided to abandon their consumers by denying them access to our great programming,” Disney said Thursday. “The question for Charter is clear: Do you care about your subscribers and what they’re telling you they want – or not? Disney stands ready to resolve this dispute and do what’s in the best interest of Charter’s customers.”

 

 

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A deal has been reached.

 

WWW.CNBC.COM

News of the agreement came hours before "Monday Night Football" was set to air on Disney's ESPN.

 

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The blackout fight between cable giant Charter Communications and Disney is over.


Hours ahead of “Monday Night Football,” which airs on Disney’s ESPN, the companies reached a deal that would allow millions of Charter cable customers to watch the game, CNBC’s David Faber reported Monday, citing sources.

 

Charter and Disney’s stocks, as well as media peers including Warner Bros. Discovery and Paramount Global traded higher on Monday morning.

 

Representatives for Disney and Charter didn’t immediately respond to requests for comment.

 

Terms of the deal are said to include a discounted wholesale price for subscribers for Disney+, and a marketplace increase for Disney.

 

 

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  • Commissar SFLUFAN changed the title to Update: Disney and Charter reach agreement to end blackout
  • Commissar SFLUFAN changed the title to Update: Disney and Charter/Spectrum reach agreement to end blackout

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