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Barron's Streetwise

Disney, Charter, Football, Gilligan’s Island

Barron's Streetwise

Barron's

Business

4.71.6K Ratings

🗓️ 8 September 2023

⏱️ 29 minutes

🧾️ Download transcript

Summary

Jack and Mette discuss why a standoff over the cost of ESPN could break television. And some other stuff. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

This podcast has brought to you by Fidelity Investments.

0:03.6

Find yourself on solid ground at Fidelity.

0:06.1

We bring 75 years of experience and are hiring licensed financial planners near you.

0:11.2

Visit branches.fidelitycareers.com.

0:14.9

Fidelity is an equal opportunity employer.

0:23.4

We begin here with big TV news, local and national.

0:27.2

TV viewers in major US markets eager to watch Tennis's US Open and other events on ESPN this week

0:34.6

were in for an unpleasant surprise when they saw this instead.

0:39.5

A darkened screen with a message that parent company Dizzy's battle with Charter is being called an existential referendum on the future of the TV bundle.

0:48.6

But do you think this dispute could put the nail in the coffin so to speak when we think about the future of linear?

0:57.2

New recording initiated energy levels rising enthusiasm building 10 9 8 7 I can't wait I'm not going to make it.

1:09.1

4 3 2 1 did she just say it's an existential bundle referendum.

1:19.6

I think she and then there's nails there's a nail in the linear coffin.

1:23.4

This is getting very serious what's going on in cable television meta hi I'm Jack how this is the Baron Street wise podcast with me is our audio producer meta.

1:32.7

You're a New York City person disinvolves Charter communications which has spectrum it's a number to cable distributor in the US it has the spectrum service it's big in New York and LA.

1:43.7

Disney channels are no longer running on spectrum that includes ESPN that means that you will not if you're a spectrum subscriber be able to see Monday night football.

1:52.6

You won't see the bills in the jets this coming Monday that's got to be hitting you pretty hard right matter.

1:58.2

It's not it's not because you don't watch football I don't watch football or have cable I don't have cable either I feel for all the folks who you know I'm missing the game.

2:07.8

You have high emotional intelligence and in that regard it's it's hurting you because it's hurting others.

2:12.8

Yeah I get you you're very relevant to this well the fact that you don't have cable maybe not but you the people who don't watch sports

2:20.0

but who do have cable are very relevant to this discussion I'm going to explain what's going on why this kind of dispute happens all the time but this one really is different and Disney is the much larger company

2:34.2

but I do not think they have the upper hand this time in fact I think that Disney is more likely than cable to cave on this one and I'll explain why and I'll tell you what's

...

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