Donald Trump was accused of applying quid pro quo during his time at the White House, and Home Alone: Lost in New York director is now confirming that’s the way the twice-impeached president got himself a cameo in the holiday film classic.
05.12.2023 - 20:19 / deadline.com
Nearly three months after Charter Communications and Disney struck a landmark distribution deal, Charter CFO Jessica Fischer said it “absolutely” has created a template for future agreements.
“We’re not willing to make our customers pay twice for content,” the exec said during an appearance at the UBS Media and Communications Conference in New York. “What that means is, if there is a programmer who is making their programming available in a direct-to-consumer streaming service and our customers are paying for that content in the linear service, our expectation is that that DTC service would be part of our bundle.”
The Disney deal, which was reached September 11 after a 10-day outage affecting ESPN, ABC and other major Disney networks, followed some concessions from Charter as to the promotion of Disney streaming services into Spectrum offerings. But long-established linear networks like Freeform, FXX and others were left out of the agreement, losing carriage on the No. 2 cable system in the U.S. The ultimate outcome was a “skinnier bundle,” Fischer said, which is good news for consumers.
While there positive takeaways on the video front during the session, Fischer offered a less ebullient outlook for Charter’s broadband business in the current quarter.
“It’s likely that we could end up with negative net adds at the end of Q4,” Fischer said. She cited a range of factors, from residue from the Disney deal to macroeconomic pressures to a stagnant housing market. Despite the near-term pressure, Fischer emphasized, “How we see broadband in the longer term hasn’t changed.” In addition, she continued, “We’re not out of line with the rest of the industry.”
Charter shares dropped 9% in the wake of the CFO’s comments and the
Donald Trump was accused of applying quid pro quo during his time at the White House, and Home Alone: Lost in New York director is now confirming that’s the way the twice-impeached president got himself a cameo in the holiday film classic.
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Anna Tingley If you purchase an independently reviewed product or service through a link on our website, Variety may receive an affiliate commission. Black Friday is here and the beauty deals are rolling in. Sitewide sales seems to be the new fad this holiday season: Kosas, Paula’s Choice and Glossier are all at least 20% off while bigger retailers such as Sephora and Ulta have deals on everything from Olaplex hair products to Dr.