The almost weeklong stalemate between Disney and Charter lays bare the broken business model around distributing legacy television in the age of cord-cutting.
In the talks, Charter agreed to shell out more than the $2.2 billion annually it paid Disney under the old carriage deal.
DIS 1M mountain Walt Disney stock performance month-to-date.
Linear TV is an issue for Disney.
However, we would like to see a quick end to the Charter dispute and to see Iger resolve Disney's challenging position in the traditional linear TV market.
Persons:
Walt Disney, Bob Iger, Jim Cramer, Iger, Disney, Jim Cramer's, Jim
Organizations:
Hollywood, Charter Communications, Disney, Charter, ESPN, ABC, Spectrum's, U.S, Hulu, Walt Disney, Warner Bros Discovery, JPMorgan, The, CNBC, SportsCenter, ESPN Headquarters, Washington Post, The Washington Post, Getty