Phoebe Dyvenor is opening up about her work.
06.09.2023 - 15:07 / deadline.com
Comcast CEO Brian Roberts kicked off an appearance Wednesday at the Goldman Sachs Communacopia & Technology Conference by saying he’s “not completely surprised” by the Disney-Charter carriage battle.
“When you have many distributors of the same product in the same geography, you’re going to have disputes,” he said. “It’s not the first dispute and probably won’t be the last dispute.”
Charter, the No. 2 cable operator in the U.S., has said it could “move on” from the pay-TV business if a swift resolution with Disney is not achieved. Last Thursday, 18 Disney networks and eight ABC stations went dark as the companies reached an impasse. Cord-cutting, which has shaved Charter’s Spectrum TV business to 14.7 million customers and whittled away at the overall pay-TV bundle, has put pressure on all stakeholders. Media companies are increasingly investing in streaming outside of the bundle, which has created backlash by operators when programmers seek carriage fee increases.
As to Comcast’s strategic outlook in light of the dispute, Roberts said the company is “our company is well-positioned” for the changing environment. “We don’t look at it as linear or streaming but rather linear and streaming.” It is a time of diverging strategies, the exec went on to say. “Each company is dealing with their version of this transformational moment,” he observed.
Roberts expressed a wish that Charter and Disney “work it out” and reach a deal. “Ultimately, I hope people are looking at, ‘What is the consumer saying?’ The consumer is look for simplicity, somebody to help aggregate and deliver bang for the buck.” The operating environment, he added, is “putting some tension on those issues.”
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Phoebe Dyvenor is opening up about her work.
The Writers Guild of America (WGA) has reached a tentative agreement with the major Hollywood studios to end their strike!
After 146 days on the picket line, the Writers Guild of America (WGA) has struck a tentative deal with the Alliance of Motion Picture and Television Producers (AMPTP) to end the writers’ strike.
according to Variety and other outlets. They called the new contract “exceptional” and said it would have “meaningful gains and protections for writers in every sector of the membership.”“What we have won in this contract – most particularly, everything we have gained since May 2nd – is due to the willingness of this membership to exercise its power, to demonstrate its solidarity, to walk side-by-side, to endure the pain and uncertainty of the past 146 days,” part of the email from the WGA Negotiating Committee states, Variety reported.“It is the leverage generated by your strike, in concert with the extraordinary support of our union siblings, that finally brought the companies back to the table to make a deal.”The likely deal comes as both sides took part in intensive bargaining over the weekend.There were signs last week that the strike, which brought Hollywood to a halt for 146 days, appeared to be nearing the end when the Writers Guild of America and the Alliance of Motion Picture and Television Producers issued a joint statement that they were back in talks.The Alliance represents studios, streaming services and producers in the negotiations.Union leaders met Wednesday with top studio bosses including Disney CEO Robert Iger, Warner Bros.
The WGA and AMPTP have reached a deal!
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EXCLUSIVE: The writers have turned up to the theme parks.
Charter is locked in a distribution battle with Disney as the second-largest US cable company negotiates with the media conglomerate over how much its channels are worth and how to package them.“I apologize that our consumers have been put in the middle here, but we felt it was worth it,” Winfrey said at the Goldman Sachs Communacopia + Technology conference. “It was the right time and that we had to say ‘enough is enough’ or else we’re going to have to move on to a different model.”ESPN, ABC and other Disney channels disappeared from Charter’s Spectrum cable service on Aug.
Charter CEO Chris Winfrey indicated that little progress has been made in the week-long carriage fight with Disney and he said a leaner, ESPN-free TV bundle “could stick” with price-sensitive Spectrum customers.
Paramount Global CEO Bob Bakish said the Disney-Charter carriage dispute took a “notable” financial toll on many pay-TV stakeholders, but he touted his efforts to “modernize” the company’s distribution relationships for the streaming era.
“I don’t know that much in particular about this dispute, but it feels like this is a moment,” said Warner Bros. Discovery CEO David Zaslav about the current showdown between big cable provider Charter and the Disney.
Queen Elizabeth’s death on Friday as continue to navigate life without the long-reigning monarch. Elizabeth died on Sept. 8 last year, and sources have now told People how the Firm is adapting to life with King Charles III at the head of the British Empire.
Comcast and Disney have modified their Hulu agreement to enable the expected buyout of Comcast’s one-third stake in the streamer to begin on September 30 instead of next January.
Chase Chrisley is opening up about the end of his engagement to now-ex-fiancée Emmy Medders. Sort of…