Disney Top Executives Assure Staff Of Commitment To FXX, Freeform & Other Cable Nets Dropped By Charter
deadline.comDisney CEO Bob Iger’s bombshell July comments that the linear TV business “may not be core” to the company brought a lot of anxiety for those working at any of the Disney’s linear networks.
There was more reason for concern this morning when Disney and Charter announced a new agreement after 10 days of carriage disruption on the Spectrum cable systems.
As part of the deal, eight Disney networks, including FXX, FXM, Freeform, Disney Junior, Disney XD and Nat Geo Wild, are being dropped — probably the biggest such exclusion of established cable nets in a carriage negotiation — with Disney getting wide distribution for its ad-supported Disney+ Basic service on Spectrum as well as improved terms for the ESPN suite of networks.
The news raises further questions about the viability of the eight networks, which are losing almost 20% of their distribution overnight amid industry-wide shift from linear to streaming.
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