Disney's channels had been blocked for Spectrum customers since Aug. 31, and will return just in time for 'Monday Night Football'
Charter subsequently hosted a conference call with Wall Street analysts, where it ratcheted up the pressure, telling them it was prepared to abandon its pay TV business and seek alternative video offerings.
“We’re on the edge of a precipice. We’re either moving forward with a new collaborative video model, or we’re moving on,” Charter CEO Chris Winfrey said on the call. A sticking point for Charter was the desire to offer Disney’s streaming services in its pay TV service, and having more flexibility and what channels it offered in different packages.
Analysts, meanwhile, largely noted the negative impact to Disney, while acknowledging Charter’s claim that it was “economically indifferent” to the video business. Charter Spectrum, which is the dominant cable operator in both New York City and Los Angeles, is a key player in the pay-TV ecosystem.
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