Quote:
Originally Posted by GoRedSox!
The drop the last few days is almost all attributable to the ESPN/Disney carriage dispute with Spectrum. They have millions of homes not carrying these channels and that is a significant revenue hit. Not good for Spectrum, either. With the NFL season starting tonight, it will be interesting to see who blinks first. Spectrum could lose many customers permanently if they do not have ESPN in time for Monday Night Football.
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A trader friend commented : "Is this a ploy by $DIS to push everyone to streaming, and then they can start increasing the rates again? just like in the beginning of cable tv to now?"
$DIS made the streaming investment, now how to get the return on investment?