Disney, Charter Nearing Carriage Deal
Portfolio Pulse from Benzinga Newsdesk
Disney and Charter Communications are reportedly close to finalizing a carriage deal, according to CNBC's David Faber. The deal would allow Charter to continue carrying Disney's channels.
September 11, 2023 | 2:09 pm
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POSITIVE IMPACT
Disney is close to finalizing a carriage deal with Charter Communications. This deal would allow Charter to continue carrying Disney's channels.
The carriage deal with Charter Communications would ensure that Disney's channels continue to be distributed, potentially maintaining or increasing its viewership and advertising revenues. This is likely to have a positive impact on Disney's stock in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100