THE WALT DISNEY COMPANY AND CHARTER COMMUNICATIONS ANNOUNCE TRANSFORMATIVE AGREEMENT FOR DISTRIBUTION OF DISNEY'S LINEAR NETWORKS AND DIRECT-TO-CONSUMER SERVICES
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Monday, September 11, 2023
ESPN, FXX, Spectrum TV Stream, National Geographic, United States Naval Institute v. Charter Communications, Inc., FXM, Monday Night Football, Part, Disney+, Disney Junior, ABC Owned Television Stations, National Geographic (American TV channel), BabyTV, Wholesaling, FX, Charter Communications, ABC, CHTR, News, NYSE, Disney Channel, Cable television, Film industry, Distribution (marketing), The Walt Disney Company, Spectrum
BURBANK, Calif. and STAMFORD, Conn., Sept. 11, 2023 /PRNewswire/ -- The Walt Disney Company (NYSE: DIS) and Charter Communications, Inc. (NASDAQ: CHTR) today announced a transformative, multi-year distribution agreement that maximizes value for consumers and supports the linear TV experience as the industry continues to evolve. As part of the deal, the majority of Disney's networks and stations will be immediately restored to Spectrum's video customers.
Key Points:
- As part of the deal, the majority of Disney's networks and stations will be immediately restored to Spectrum's video customers.
- In a joint statement Robert A. Iger, Chief Executive Officer, The Walt Disney Company, and Chris Winfrey, President and Chief Executive Officer, Charter Communications said:
"Our collective goal has always been to build an innovative model for the future. - 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.
- Effective immediately, Spectrum TV will provide its customers widespread access to a more curated lineup of 19 networks from The Walt Disney Company.