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Disney and Charter Near Deal to End Cable Blackout Before Monday Night Football

  • Disney and Charter near deal to end cable blackout ahead of Monday Night Football
  • Blackout occurred in late August during college football season over carriage fees
  • Charter pushed for free access to Disney streaming services like Disney+, ESPN+ in deal
  • Dispute highlighted issues facing media companies amid shift to streaming
  • Charter says pay-TV model is broken, profitability now from broadband not TV
cnbc.com
Relevant topic timeline:
Disney's TV channels, including ABC, ESPN, FX, and Freeform, have been blacked out on Charter Spectrum, the US's second-largest cable TV provider, impacting millions of subscribers and creating a significant carriage dispute between the two companies.
Millions of college football fans were disappointed when Spectrum customers were unable to watch the Florida vs. Utah game and other Disney-owned channels due to contentious carriage fee negotiations between Spectrum and Disney.
Charter Communications and Disney are engaging in a dispute over programming costs and streaming services, with the outcome likely to have significant implications for the media industry as a whole.
Disney has urged Charter Communications customers to consider switching pay-TV services if they want access to ESPN and other networks, as the carriage dispute between the two companies continues. Disney also highlighted that customers have numerous options, including competing pay-TV providers and TV streaming services.
Disney expresses interest in potentially doing a deal with Charter Communications, but Charter plans to leave the video business and focus on wireless and broadband services, as negotiations with Disney become more contentious and Spectrum customers are referred to FuboTV.
Disney and ESPN are urging Spectrum cable customers to sign up for Hulu with live TV in order to regain access to ESPN and other Disney channels, following a dispute between Charter Communications and Disney Entertainment that has resulted in blackouts for Spectrum customers.
Disney's ongoing fight with Charter Communications over the placement of ESPN and other channels on Spectrum cable has escalated, with Stephen A. Smith publicly supporting Disney's position on social media.
Charter Communications CEO Chris Winfrey warns that the company is prepared to explore alternative video options if it fails to reach a new agreement with Disney, while expressing a desire to get a deal done to benefit both companies and their customers.
Charter CEO Chris Winfrey stated that the ongoing carriage fight with Disney could result in a leaner, ESPN-free TV bundle for Spectrum customers, potentially leading to a smaller but more loyal customer base.
Viewers across the US are missing out on the US Open finals and NFL Monday Night Football due to a breakdown in negotiations between Charter Communications and Disney, resulting in a blackout of Disney-owned channels on Spectrum.
Walt Disney Co. and Charter Communications have reached an agreement that restores Disney channels to Charter's pay-TV service, with Charter gaining the ability to offer Disney's ad-supported streaming apps and Disney programming having access to Charter's television service, preserving the cable bundle for now.
The new carriage agreement between Disney and Charter Communications is seen as a win for both parties, with Disney gaining additional revenue through new distribution channels and Charter saving on unwanted linear networks. However, there are concerns about the impact on the broader entertainment industry and the future of linear TV.
Charter's CFO, Jessica Fischer, stated that the carriage renewal deal with Disney "met all of our objectives" and resulted in only moderate TV subscriber losses, with Charter securing the ability to integrate Disney streaming services.
Charter Spectrum cable is providing refunds to eligible customers affected by the blackout of Walt Disney Co. channels, following a dispute over the value and packaging of Disney's channels.