Disney, AT&T Renew Distribution Deal

It extends service to tablets, smartphones and consoles

   

Disney (NYSE:DIS) and AT&T (NYSE:T) have renewed and expanded their distribution deal, keeping a wide array of Disney programming on AT&T’s U-verse pay-TV service, while expanding viewing platform options for subscribers.

The two companies announced on Tuesday that they have agreed to a multi-year deal covering popular Disney channels, including ESPN, ABC, The Disney Channel, Disney XD, Disney Junior, and Disney’s soon-to-launch Spanish-language channel. The deal includes distribution of content beyond traditional televisions, to gaming consoles, smartphones, tablets and computers, The Hollywood Reporter noted.

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Neither company revealed the financial terms of the deal, which covers 70 services, including video-on-demand delivery of a number of network telvision shows, including Grey’s Anatomy, Castle and Good Luck Charlie.

Last month, Disney concluded a similar mult-year content deal with Cox Communications.

Shares of Disney rose about 1% in Wednesday morning trading, while AT&T shares slipped about 1%.


Article printed from InvestorPlace Media, http://investorplace.com/2013/01/disney-att-renew-distribution-deal/.

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