“We plan to modernize all of our distribution agreements upon renewal in a way that works for customers.”

In context

“nsumers and we believe a significant step forward for the video ecosystem. For Charter, the agreement adds value to our video packages and better aligns linear content and DTC apps, which will be included for free in our video products. We also maintained flexibility to offer lower cost packages. Disney gets broader distribution of its DTC products with ad revenues from our video customers and upgrade subscriptions to ad free. We'll also sell Disney's DTC apps to our Internet customers, including via Xumo over time. Together with Disney, we created a glide path to bridge from linear video into new growth with both linear and DTC services. Disney and ESPN were a key first step to repairing the video ecosystem, but our goal is to have a product that is valuable and that we're proud to sell. We plan to modernize all of our distribution agreements upon renewal in a way that works for customers. That means packaging flexibility, value and not asking customers or us to pay twice for similar DTC and linear programming. If programmers insist on customers paying twice, we just won't carry those channels. But we'd still be happy to sell their content in an à la carte app, same way as they do. Our goal is to modernize these agreements quietly and seamlessly for our mutual customer base. Our new hybrid distribution model, combined with Xumo's content forward interface, provides a clear path to solve key customer issues of choice, value, and utility, with seamless linear DTC and SVOD integration in advanced search and discovery functionality. For Charter and programmers, this creates a state-of-the-art video marketplace, supported by our scaled distribution, sales, and service infrastruc”