Charter CFO said its new deal with Disney should help moderate content costs for consumers.
including ESPN and ABC off Charter Spectrum cable systems in late August.
The two companies had hit a stalemate in contract negotiations over whether Disney should give Charter subscribers free access to its ad-supported streaming services as part of the telecom giant's cable packages. The blackout impacted a slew of high-profile sporting events including the US Open and arrived on the heels of the NFL's debut —On Monday, the companies announced they had reached an agreement to end the media blackout.
Charter has focused on offering more bundles amid the cord-cutting phenomenon, hence its desire to include more streaming plans in packages. Fisher said the new deal will help "stabilize the linear video ecosystem" while also providing "a glide path that gets us to the new direct-to-consumer environment.
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