Disney 'playing hardball' with DirecTV as MNF looms

Published On Sep 9, 2024, 4:44 PM

Disney is in a contract dispute with DirecTV, having pulled several of its owned channels such as ESPN and ABC from the provider. The conflict arises from DirecTV's request for a 'skinnier' bundle of channels, aiming to reduce costs amid declining traditional TV viewership as consumers shift to streaming services. In response, Disney is negotiating but remains firm on not lowering its programming costs. The fallout from this dispute has raised concerns about subscriber retention for DirecTV, especially with the NFL season underway, impacting viewership and advertising revenues.

Read full article

Stock Forecasts

DISView DIS chart on TradingView

Positive

Disney's strong programming, particularly ESPN, remains a crucial asset, despite the current disruption, as they can explore other distribution avenues. If negotiations succeed and programming resumes, Disney could see positive investor sentiment due to restored subscriber access and advertising revenue potential.

TView T chart on TradingView

Negative

DirecTV faces challenges as it attempts to minimize subscriber churn and compete against streaming services more effectively. The loss of significant programming content could exacerbate subscriber losses, impacting long-term revenue projections.

Related News

Warren Wilson, Pioneering Los Angeles TV Reporter, Dies at 90

Oct 10, 2024, 6:10 PM

In addition to covering the 1992 riots and other historically significant events, he helped facilitate the surrenders of 22 fugitives.

DIS

Does Chinese investment benefit or damage Ireland?

Sep 29, 2024, 7:19 PM

Ireland is home to 40 Chinese firms, which some critics say harms the country's reputation.

T

Coppola’s ‘Megalopolis’ Plays to Near-Empty Theaters

Sep 29, 2024, 5:03 AM

Francis Ford Coppola spent roughly $140 million on the film, which debuted to an estimated $4 million in weekend ticket sales.

DIS
AMC