Disney and Charter deal bring an end to ESPN blackout2023-09-11 18:00 by Daniela
Disney and Charter Communications have finally reached an agreement after a two-week blackout that stopped Spectrum subscribers from watching Disney Channel on the streaming service starting on Aug. 31. The companies announced the agreement on Monday, only hours before the New York Jets and Buffalo Bills football game is set to air on Disney's ESPN+. The deal guarantees Disney of roughly $2.2 billion in fees from Charter that had been put in jeopardy, while giving the communications company an entry into the streaming world that has encouraged millions of former cable customers to cut the cord. "This deal recognizes both the continued value of linear television and the growing popularity of streaming services, while addressing the evolving needs of our consumers," Disney CEO Bob Iger and Charter CEO Chris Winfrey said in a joint statement. Spectrum will continue to carry the ABC Owned Television Stations, Disney Channel, FX and the Nat Geo Channel, in addition to the full suite of ESPN networks. Networks no longer included on Spectrum TV are: Baby TV, Disney Junior, Disney XD, Freeform, FXM, FXX, Nat Geo Wild and Nat Geo Mundo, according to the release. Companies like Charter say rising distribution fees are forcing cable companies to increase prices, causing consumers to leave. Disney counts on fees from companies such as Charter pay to partly cover rising programming costs, including the rights to air sports such as the NFL and NBA. Read more -here-
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