Disney’s COMPETITON decide to WIPE them OUT!
Disney's cable customers are competitors and they have HAD IT with Bob Iger. John Malone, cable industry veteran is using Charter Communications to break Disney's ESPN-anchored cable bundle, eliminating billions of dollars and important leverage from Disney's ability to negotiate with ALL cable providers. Malone also owns a huge stake in Disney competitor Warner Brothers Discovery and this move has already greatly damaged Disney's ability to dictate terms to cable providers. Also we have Brian Roberts owner of Comcast, the biggest cable provider in the US telling Disney to settle with Charter, and it's going to be on terms that will almost immediately directly benefit Comcast. Comcast also has the additional leverage of their upcoming multi-billion dollar negotiations with Disney over their 1/3 stake in Hulu which Roberts has suggested is worth at least $15 to $20 billion.
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