ESPN and ABC Go Dark on DirecTV in Feud With Disney

Published On Sep 1, 2024, 10:25 PM

DirecTV subscribers faced an outage on Sunday, losing access to channels like ESPN and ABC, including live coverage of the U.S. Open tennis tournament. This blackout resulted from a contract dispute between DirecTV and Disney, provoking further dissatisfaction among customers accustomed to traditional TV who are facing shifting dynamics towards streaming services. Disney accuses DirecTV of undervaluing its programming, while DirecTV claims Disney is raising prices without providing commensurate content. Such disputes are common in the industry and tend to be resolved relatively quickly.

Read full article

Stock Forecasts

DISView DIS chart on TradingView

Negative

Disney's clash with DirecTV highlights the volatility in traditional TV distribution as customers increasingly lean towards streaming. If the dispute prolongs, it may hurt Disney's viewership and advertising revenues, particularly for sports programming. A resolution is likely, but in the interim, expect sentiment to weigh negatively on Disney stock.

TView T chart on TradingView

Negative

DirecTV's outage may reaffirm the growing challenges traditional services face against the backdrop of streaming growing dominance. This could lead to increased customer churn or dissatisfaction among DirecTV users, further pressuring its business model. A short-term negative outlook is expected here as negotiations unfold.

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