Charter CFO: New Disney Deal Met Objectives, Blackout Impact Less Than Expected

Charter CFO says new Disney deal met all objectives, subscriber losses from blackout were less than expected
CFO says deal puts valuable Disney content back into Charter's TV packages
Deal provides "glide path" to new direct-to-consumer streaming environment
CFO sees deal as a "win-win" for Disney, Charter, and consumers
Expects deal will help moderate growth of carriage fees in future programmer negotiations

deadline.com

Relevant topic timeline:

9/1/2023

Disney Channels, Including ABC and ESPN, Go Dark on Charter Spectrum In Major Carriage Dispute

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.

9/3/2023

Charter’s Demands On Disney Could Soon Pressure Rivals Like Fox, NBCU, Paramount, Warner

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.

9/5/2023

One week from MNF, Charter and Disney are "no closer to a deal"

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.

9/7/2023

Charter CEO Chris Winfrey Reports Little Progress In Carriage Talks With Disney, Says A Leaner TV Bundle “Could Stick” With Spectrum 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.

9/11/2023

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

Charter Communications and Disney are expected to reach a deal ahead of "Monday Night Football" that would end the blackout dispute, allowing Charter cable customers to watch the game.

9/11/2023

Disney and Charter Reach Deal to Restore ESPN and ABC to Spectrum After 10-Day Blackout

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.

9/12/2023

Disney and Charter Reach Carriage Deal, A Compromise With Upside and Downsides for Both

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.

9/22/2023

Charter Communications Stock Rises on Wells Fargo Upgrade Citing Growth Potential

Charter Communications stock receives an upgrade from Wells Fargo due to potential growth opportunities, particularly in rural areas, following a dispute with Disney.

Topics

Posted 9/13/2023, 3:09:00 PM

Charter CFO: New Disney Deal Met Objectives, Blackout Impact Less Than Expected

Charter CFO says new Disney deal met all objectives, subscriber losses from blackout were less than expected
CFO says deal puts valuable Disney content back into Charter's TV packages
Deal provides "glide path" to new direct-to-consumer streaming environment
CFO sees deal as a "win-win" for Disney, Charter, and consumers
Expects deal will help moderate growth of carriage fees in future programmer negotiations

deadline.com

Relevant topic timeline:

9/1/2023

Disney Channels, Including ABC and ESPN, Go Dark on Charter Spectrum In Major Carriage Dispute

9/3/2023

Charter’s Demands On Disney Could Soon Pressure Rivals Like Fox, NBCU, Paramount, Warner

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.

9/5/2023

One week from MNF, Charter and Disney are "no closer to a deal"

9/7/2023

Charter CEO Chris Winfrey Reports Little Progress In Carriage Talks With Disney, Says A Leaner TV Bundle “Could Stick” With Spectrum Customers

9/11/2023

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

Charter Communications and Disney are expected to reach a deal ahead of "Monday Night Football" that would end the blackout dispute, allowing Charter cable customers to watch the game.

9/11/2023

Disney and Charter Reach Deal to Restore ESPN and ABC to Spectrum After 10-Day Blackout

9/12/2023

Disney and Charter Reach Carriage Deal, A Compromise With Upside and Downsides for Both

9/22/2023

Charter Communications Stock Rises on Wells Fargo Upgrade Citing Growth Potential

Charter Communications stock receives an upgrade from Wells Fargo due to potential growth opportunities, particularly in rural areas, following a dispute with Disney.