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The blackout fight between cable giant Charter Communications and Disney appears to be coming to a close.
Hours ahead of “Monday Night Football,” which airs on Disney’s ESPN, the companies are expected to reach a deal that would allow millions of Charter cable customers to watch the game, CNBC’s David Faber reported Monday, citing sources.
Charter and Disney’s stocks, as well as media peers including Warner Bros. Discovery and Paramount Global traded higher on Monday morning.
Representatives for Disney and Charter didn’t immediately respond to requests for comment.
Terms of what the deal would entail were unclear Monday morning.
The dispute has been ongoing since late August when carriage renewal negotiations broke down between the two companies and left millions of customers without Disney TV channels, including ESPN, FX and Disney Channel.
At the time of the blackout, Charter had about 14.7…
2023-09-11 09:23:14
Article from www.cnbc.com