Disney, AT&T Renew Distribution Deal

by Christopher Freeburn | January 16, 2013 10:31 am

Disney, AT&T Renew Distribution Deal

watching tv television cable 630 300x200 Disney, AT&T Renew Distribution Deal[1]Disney (NYSE:DIS[2]) and AT&T (NYSE:T[3]) have renewed and expanded their distribution deal[4], 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.

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[5] with Cox Communications.

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

Endnotes:
  1. [Image]: http://investorplace.com/wp-content/uploads/2012/11/watching-tv-television-cable-630.jpg
  2. DIS: http://studio-5.financialcontent.com/investplace/quote?Symbol=DIS
  3. T: http://studio-5.financialcontent.com/investplace/quote?Symbol=T
  4. renewed and expanded their distribution deal: http://www.hollywoodreporter.com/news/disney-strikes-multi-year-deal-412777
  5. concluded a similar mult-year content deal: http://investorplace.com/2012/12/disney-inks-deal-with-cox-communications/

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