Disney Purchase of Comcast’s Hulu Stake to Begin Sept. 30, Brian Roberts Says
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Disney asks Spectrum customers to switch to Hulu+ amid Charter disputeDisney and Charter are locked in a spat over a distribution agreement after Disney pulled several channels, including ESPN off Charter's Spectrum cable service last week in the middle of U.S. Open tennis coverage and other live sporting events including college football. Disney, which owns a majority stake in Hulu, asked Spectrum customers to sign up to Hulu+ Live TV, which has Disney's library of entertainment content, live channels, and ad supported access to Disney+ and ESPN+.
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Disney asks Spectrum customers to switch to Hulu+ amid Charter dispute(Reuters) - Walt Disney on Monday said it is hopeful that Charter Communications will be ready to have more conversations to reach a distribution deal ...
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Disney Lures Sports Fans to Hulu+ With ESPN Pulled From CharterWalt Disney Co. and Charter Communications Inc., locked in a fee standoff that’s cut off 14.7 million cable TV viewers from ESPN, are steering consumers to online services where they can replace the lost channels.
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Disney vs. Charter: Cable companies may feel 'emboldened,' analyst saysIf you are a customer of Charter's Spectrum (CHTR), you won't be finding Disney-owned channels (DIS) in your cable lineup. Disney pulled its channels from Spectrum amid a carriage dispute between the two companies. Goldman Sachs Managing Director Brett Feldman says there are two reasons why this dispute is happening. First with the decline in cable subscribers is accelerating, falling about 6% to 7% this year. Feldman says that's interesting because, historically, media companies have been able to raise the prices of their channels by about 5% to 6% a year. 'We've hit this tipping point now where the media companies simply can't raise prices fast enough to offset the loss of paid TV subscribers,' Feldman says, going on to say that it has 'emboldened' cable companies to start discussing the possibility of a new model. The second thing is that the cable companies have reached the 'point of economic indifference,' Feldman says. What that means is that given how much cord-cutting is happening, Charter is losing so much profitability in that business and 'basically what they're saying is we almost don't care anymore whether our customers decide to pay for a channel package or not,' Feldman says, adding that they are primarily making their money by providing internet service. Click here for more of Yahoo Finance's coverage from the Goldman Sachs Communacopia tech conference.
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Elks and Stampeders begin pivotal week, starting with Labour Day ClassicBoth teams will look to improve their chances when they battle one another in Monday's Labour Day Classic from McMahon Stadium in Calgary.
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