Charter CFO Says Disney Deal Will ‘Stabilize’ Cable-TV Business
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Charter Communications Inc. Chief Financial Officer Jessica Fischer described the recent contract renewal with Walt Disney Co. as a victory for pay-TV providers.
Under the agreement announced on Sept. 11, Charter will offer the Disney+ and ESPN+ streaming services at no additional cost to subscribers. Charter will pay Disney a wholesale rate for Disney+ and get ESPN+ for free. The nation’s second-largest cable TV provider also will drop a number of Disney channels it didn’t want to pay for, including Freeform and Disney Junior.