Cablevision (CVC), Disney (DIS) Enter Content Distribution Agreement
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Price: $15.19 -0.72%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 3.6%
Revenue Growth %: -8.2%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 3.6%
Revenue Growth %: -8.2%
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Cablevision (NYSE: CVC) and The Walt Disney Company (NYSE: DIS) announced a comprehensive distribution agreement to deliver Disney’s robust lineup of top quality sports, news and entertainment content to Cablevision TV customers across television, internet, tablets and handheld devices. The new agreement enhances the multichannel business model and supports the companies’ mutual goal to deliver the best video content to customers across multiple platforms.
As part of the new multi-year agreement, Cablevision will launch several new services, including the full suite of authenticated WATCH products, ESPN3 and ESPN 3D, as well as the upcoming ABC News/Univision Joint Venture, a 24/7 news, information and lifestyle multi-platform network for English-dominant and bilingual Hispanics, the youngest and fastest-growing demographic in the U.S. In total, approximately 70 services are covered by the broad scope of this agreement including: ABC, ABC Family, Disney Channel, Disney Junior, Disney XD, ESPN, ESPN2, ESPNU, ESPN Deportes, ESPNEWS, ESPN Classic, ESPN Goal Line, ESPN Buzzer Beater, ESPN 3D, ESPN GamePlan, ESPN FullCourt, ESPN3 and Longhorn Network; retransmission consent for WABC-TV and WPVI-TV, as well as more than 10 high-definition networks.
Cablevision customers will receive broad access to existing authenticated products like WATCH Disney Channel, WATCH Disney XD and WATCH Disney Junior, the to-be-launched WATCH ABC and WATCH ABC Family services and WatchESPN (ESPN, ESPN2, ESPN3, ESPNU, ESPN Goal Line and ESPN Buzzer Beater). These products will give Cablevision customers more opportunities to access live and video on demand content, both in-home and out-of-home, on their computers, smartphones, tablets and gaming consoles.
Cablevision will also provide its TV customers with broad access to expanded On Demand content through Disney’s comprehensive TV+ initiative.
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As part of the new multi-year agreement, Cablevision will launch several new services, including the full suite of authenticated WATCH products, ESPN3 and ESPN 3D, as well as the upcoming ABC News/Univision Joint Venture, a 24/7 news, information and lifestyle multi-platform network for English-dominant and bilingual Hispanics, the youngest and fastest-growing demographic in the U.S. In total, approximately 70 services are covered by the broad scope of this agreement including: ABC, ABC Family, Disney Channel, Disney Junior, Disney XD, ESPN, ESPN2, ESPNU, ESPN Deportes, ESPNEWS, ESPN Classic, ESPN Goal Line, ESPN Buzzer Beater, ESPN 3D, ESPN GamePlan, ESPN FullCourt, ESPN3 and Longhorn Network; retransmission consent for WABC-TV and WPVI-TV, as well as more than 10 high-definition networks.
Cablevision customers will receive broad access to existing authenticated products like WATCH Disney Channel, WATCH Disney XD and WATCH Disney Junior, the to-be-launched WATCH ABC and WATCH ABC Family services and WatchESPN (ESPN, ESPN2, ESPN3, ESPNU, ESPN Goal Line and ESPN Buzzer Beater). These products will give Cablevision customers more opportunities to access live and video on demand content, both in-home and out-of-home, on their computers, smartphones, tablets and gaming consoles.
Cablevision will also provide its TV customers with broad access to expanded On Demand content through Disney’s comprehensive TV+ initiative.
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