A screen shows the logo and a ticker symbol for The Walt Disney Company on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 14, 2017.
REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsSept 7 (Reuters) - Charter Communications (CHTR.O) Chief Executive Chris Winfrey said he has a sense of urgency to resolve a distribution dispute with Walt Disney (DIS.N), in remarks on Thursday at a tech conference in San Francisco.
Charter is locked in a distribution battle with Disney as the second-largest U.S. cable company negotiates with the media conglomerate over how much its channels are worth and how to package them.
Such "carriage disputes" are commonplace in the media world, though this negotiation may shape the future of television in the streaming era.
Disney issued a statement saying it “stands ready” to resolve the carriage dispute, and “do what’s in the best interests” of Charter’s customers.
Persons:
Brendan McDermid, Chris Winfrey, Walt Disney, “, ” Winfrey, Goldman Sachs, Winfrey, ” Disney, Scott Robson, Robson, Dawn Chmielewski, Akash Sriram, Sriraj Kalluvila, Tomasz Janowski
Organizations:
Walt Disney Company, New York Stock Exchange, REUTERS, Charter Communications, Disney, Technology, ESPN, ABC, Charter's, U.S, NFL, P Global Market Intelligence, Thomson
Locations:
New York, U.S, San Francisco, Los Angeles, Bengaluru