Altice, Disney Reach Tentative Carriage Deal
Disney and Altice reached a carriage agreement in principle and extended a deadline as they finalize terms, Altice said Sunday. The previous deal was to expire Saturday. MoffettNathanson analyst Michael Nathanson emailed investors Monday that the pact is "a very…
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bullish sign for Disney" and should be a template for an array of ABC/ESPN affiliate agreements between now and 2022: The deal points to ESPN still having negotiating clout "and that the doom and gloom could be lifting," he said.