Governor Hochul Says DPS Sent Letter To Charter In Effort To Hold Co Accountable, Deliver Refunds To Customers Affected By Lapse In Disney-Owned Programming
Portfolio Pulse from Benzinga Newsdesk
Governor Hochul has announced that the Department of Public Service (DPS) has sent a letter to Charter Communications (CHTR) in an effort to hold the company accountable and deliver refunds to customers affected by a lapse in Disney-owned (DIS) programming.
September 08, 2023 | 4:02 pm
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NEUTRAL IMPACT
Disney's programming lapse may have a minor impact on its relationship with Charter Communications and its customers.
While Disney's programming lapse is the cause of the issue, the direct regulatory action is against Charter Communications. However, this could potentially affect Disney's relationship with Charter and its customers.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60
NEGATIVE IMPACT
Charter Communications may face regulatory scrutiny and potential financial impact due to the lapse in Disney-owned programming.
The news indicates potential regulatory action against Charter Communications, which could lead to financial penalties or refunds. This could negatively impact the company's financial performance in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80