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Disney (NYSE:DIS) is in a contract dispute with Charter Communications (NASDAQ:CHTR) over the terms of a new agreement for carrying its channels. Charter argues that Disney is demanding higher fees for its channels without waiving charges for its streaming services. Disney maintains that it has offered Charter favorable terms. The dispute has led to Charter disconnecting Disney’s channels for its 15 million customers. This could impact Disney’s significant revenue from traditional TV, which brought in $28.4 billion and profits of $8.5 billion last year.
September 04, 2023 | 9:51 am
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Charter Communications is in a contract dispute with Disney, leading to the disconnection of Disney’s channels for its 15 million customers.
Charter Communications is in a dispute with Disney over the terms of a new agreement for carrying its channels. This has led to Charter disconnecting Disney’s channels for its 15 million customers, which could potentially lead to customer dissatisfaction and churn.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Disney is in a contract dispute with Charter Communications which could impact its significant revenue from traditional TV.
The ongoing dispute with Charter Communications has led to the disconnection of Disney’s channels for Charter's 15 million customers. This could potentially impact Disney's significant revenue from traditional TV, which brought in $28.4 billion and profits of $8.5 billion last year.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100