Governor Kathy Hochul Says Urges Spectrum And Disney To Resolve Dispute As Soon As Possible; Directs The Department Of Public Service To Hold Charter Spectrum Accountable To Swiftly Deliver Refunds To New York Customers
Portfolio Pulse from Benzinga Newsdesk
Governor Kathy Hochul has urged Spectrum (Charter Communications) and Disney to resolve their dispute as soon as possible. She has also directed the Department of Public Service to hold Charter Spectrum accountable for swiftly delivering refunds to New York customers.
September 08, 2023 | 4:02 pm
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NEUTRAL IMPACT
Disney is being urged by Governor Hochul to resolve its dispute with Spectrum (Charter Communications) as soon as possible.
While the Governor's urging adds pressure, it's unclear how this dispute and its resolution will directly impact Disney's short-term financial performance and stock price.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 60
NEGATIVE IMPACT
Charter Communications (Spectrum) is under pressure from Governor Hochul to resolve its dispute with Disney and to provide swift refunds to its New York customers.
The pressure from the Governor and the potential financial impact of refunds to customers could negatively affect Charter Communications' short-term financial performance and stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80