Charter Communications Inc's (NYSE: CHTR) CFO, Jessica Fischer, celebrates the recent contract renewal with Walt Disney Co (NYSE: DIS) as a victory for pay-TV providers, marking a significant development in their collaboration.
This agreement, announced on September 11, includes Charter offering Disney+ and ESPN+ streaming services to its subscribers at no extra cost.
Charter will pay Disney a wholesale rate for Disney+ and receive ESPN+ as part of the deal. Additionally, Charter will discontinue specific Disney channels, including Freeform and Disney Junior, which it had opted not to pay for, Bloomberg reports.
Disney and Charter were part of a bitter battle over carriage fees, with ...