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The Walt Disney Company and Charter Communications finally reached an agreement. After days of no real news, the two companies come to a multiyear distribution agreement. Disney and ESPN fans can rejoice now that plans have been made. But they may not love the changes coming to Spectrum as a result.
As of September 3, Disney released a statement due to the changes coming to Spectrum. Sports fans eager for a Labor Day Weekend surge of athletics were left in the dark with no access to ESPN. As College football and the US Open commenced, Spectrum users were left angry with no answers.
Finally, Disney and Charter have reached an agreement after statements from both companies pointed the finger at each other. The agreement was released this morning on The Walt Disney Company.
Confirmed: Disney and Charter reach "multiyear distribution agreement."
What's new: All TV subscribers will get Disney+ Basic ad-supported. ESPN+ included with Spectrum TV Select Plus.
Dropped from Spectrum: Disney Junior, Disney XD, Freeform and more. pic.twitter.com/J3Lf47tE5E
— Scott Gustin (@ScottGustin) September 11, 2023
Disney and Charter Agreement
The statement began, “The Walt Disney Company (NYSE: DIS) and Charter Communications (NASDAQ: CHTR) today announced a transformative, multiyear distribution agreement that maximizes value for consumers and supports the linear TV experience as the industry continues to evolve. As part of the deal, the majority of Disney’s networks and stations will be immediately restored to Spectrum’s video customers.”
Disney CEO Bob Iger commented that it is a “collective goal” and “addressing the evolving needs of our consumers.” Additionally, Iger mentioned, “We also want to thank our mutual customers for their patience this past week and are pleased that Spectrum viewers once again have access to Disney’s high-quality sports, news, and entertainment programming in time for Monday Night Football.”
The most important note to take away from this new agreement is the changes coming to Spectrum. The agreement will affect consumers in ways they may not have hoped for. Effective immediately, Spectrum will provide a lineup of 19 networks from The Walt Disney Company. Spectrum will continue to carry,
- ABC Owned Television Stations
- Disney Channel
- FX
- Nat Geo Channel
- Full suite of ESPN Networks
The biggest change comes to the networks that will no longer be included in the TV package. These networks will no longer be found on Spectrum.
- Baby TV
- Disney Junior
- Disney XD
- Freeform
- FXM
- FXX
- Nat Geo Wild
- Nat Geo Mundo
Furthermore, “Charter will also use its significant distribution capabilities to offer Disney’s direct-to-consumer services to all its customers – in particular its large broadband-only customer base – for purchase at retail rates. These include Disney+, Hulu, and ESPN+, as well as The Disney Bundle.
What are your thoughts on the Disney and Charter agreement?