Diamond Sports Group Reaches Multi-year Renewal Of Its Distribution Agreement With Charter Communications
Portfolio Pulse from Benzinga Newsdesk
Diamond Sports Group has renewed its distribution agreement with Charter Communications, ensuring continued access to live, local MLB, NBA, and NHL games on Diamond's RSN channels through Charter's Spectrum TV Select Plus package.
April 03, 2024 | 9:33 pm
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Charter Communications has renewed its distribution agreement with Diamond Sports Group, maintaining access to key sports content for its Spectrum TV Select Plus subscribers.
The renewal of the distribution agreement with Diamond Sports Group is positive for Charter Communications as it ensures continued access to popular sports content, which is crucial for retaining and attracting subscribers in the competitive cable TV market. This move is likely to be viewed positively by investors and could have a favorable impact on CHTR's stock in the short term.
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