Shares of several media stocks are trading lower amid an ongoing pricing dispute between Disney and Charter Communications, which resulted in some Disney-owned channels going dark for Spectrum subscribers this week.
Portfolio Pulse from Benzinga Newsdesk
Several media stocks are trading lower due to a pricing dispute between Disney and Charter Communications. This has resulted in some Disney-owned channels going dark for Spectrum subscribers.
September 01, 2023 | 5:20 pm
News sentiment analysis
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NEGATIVE IMPACT
Charter Communications' stock is trading lower due to the ongoing pricing dispute with Disney.
The dispute with Disney has led to some Disney-owned channels going dark for Spectrum subscribers, which could potentially impact Charter Communications' customer satisfaction and thus its stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Disney's stock is trading lower due to the ongoing pricing dispute with Charter Communications.
The dispute with Charter Communications has led to some Disney-owned channels going dark for Spectrum subscribers, which could potentially impact Disney's revenues and thus its stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100