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As Carriage Fight With Disney Continues, DirecTV CFO Calls For Pay-TV Bundle A Fraction Of The Size Of Today’s “Bloated” Packages
DirecTV CFO Ray Carpenter says the pay-TV bundle should have a couple dozen channels, not the "bloated" menu forced by Disney and other programmers
The dispute, playing out at the start of the college football and NFL seasons, has caught the interest of the entire media industry as well as Wall Street given steep rates of cord-cutting and uncertainty about where the pay-TV bundle will ultimately settle. MoffettNathanson’s Craig Moffett, a respected analyst who has tracked the cable industry for decades, sees the combination of the Venu legal defeat and the DirecTV-Disney clash as a “potentially apocalyptic” for the traditional TV business. Even if the service doesn’t end up launching, he said, the plans for it and the antitrust suit filed by Fubo to block it “helps bring to a larger audience the understanding of what’s broken” in the pay-TV system.
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