SPECTRUM TV SELECT CUSTOMERS TO RECEIVE HULU AS PART OF EXPANDED AGREEMENT BETWEEN CHARTER AND THE WALT DISNEY COMPANY
Rhea-AI Summary
Charter Communications (NASDAQ: CHTR) and Disney have expanded their distribution agreement to include Hulu (With Ads) in all Spectrum TV Select packages at no additional cost. Starting summer 2025, customers will have access to Hulu's content alongside existing Disney+ and the upcoming ESPN streaming service, creating a combined streaming value of over $100 per month.
The agreement includes the return of eight Disney-owned linear networks to Spectrum's lineup, including Disney Jr, Disney XD, Freeform, and others. The deal, which is financially net positive for both companies, aims to boost advertising reach and strengthen audience engagement across platforms. Charter will also offer Disney's streaming services to broadband-only customers at retail rates.
Positive
- Addition of Hulu (With Ads) at no extra cost for TV Select customers
- Return of eight Disney-owned networks to Spectrum's channel lineup
- Combined streaming value exceeding $100 per month for customers
- Agreement is financially net positive for both companies
- Early evidence shows improvement in subscriber churn
Negative
- None.
News Market Reaction
On the day this news was published, CHTR declined 1.21%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Hulu Joins Disney+ and ESPN's Forthcoming Streaming Service in Spectrum TV Select Packages
Key Takeaways:
- Hulu (With Ads) will be included in all Spectrum TV Select packages at no additional cost.
- Eight Disney-owned networks to return to Spectrum's linear channel lineup.
- The addition of Hulu and ESPN will increase the monthly value of all collective streaming services to more than
$100 - Expanded agreement extends the multi-year deal well into the future.
The newly expanded agreement – which drives incremental value and is financially net positive for both companies – also marks the return of eight Disney-owned linear networks to Spectrum's channel lineup: Disney Jr, Disney XD, Freeform, FXX, FXM, Nat Geo Wild, Nat Geo Mundo and BabyTV. Together with the addition of Hulu, these channels expand Spectrum's entertainment offering and create meaningful value for both companies by boosting advertising reach and strengthening audience engagement across platforms.
"We began this journey to transform the video proposition for consumers with Disney, so it is befitting that this new agreement and the doubling down on our strategy continues with them," said Tom Montemagno, Executive Vice President, Programming Acquisition for Charter. "This extension is a true testament to our mutual confidence in this innovative model – which already is showing improvement in subscriber churn – and our commitment to work creatively together to achieve win-win outcomes for both of us and most importantly for our customers – all achieved mid-cycle and absent from any of the typical pressures from expiring agreements."
"With the addition of Hulu and the return of our full portfolio of channels, we're pleased to expand and extend our agreement with Charter – delivering the most robust and valuable combination of linear and streaming entertainment for years to come," said Sean Breen, Executive Vice President, Disney Platform Distribution. "This agreement reflects our continued focus on leaning into the strength of Disney's best-in-class programming across every genre and platform – and our shared commitment with Charter to building innovative, consumer-focused distribution models that drive value across the board."
The renewed extension of Charter and Disney's carriage agreement will continue to be supported by marketing and promotional efforts. The deal leverages Disney's trusted IP, beloved characters and notable talent, and underscores both companies' belief in the enduring value of linear distribution paired with streaming. Charter also will make Disney+, ESPN+, Hulu, the various Disney Bundles and the forthcoming ESPN streaming service available for purchase to its extensive broadband-only customer base at retail rates, as well as provide TV Select customers the opportunity to upgrade to the ad-free tiers of the included streaming services.
At launch, customers will be able to stream Hulu's TV series, films and critically acclaimed Originals, as well as their live Spectrum TV channels, directly through Xumo Stream Box, or on any Hulu-supported device.
About Charter
Charter Communications, Inc. (NASDAQ:CHTR) is a leading broadband connectivity company and cable operator with services available to more than 57 million homes and businesses in 41 states through its Spectrum brand. Over an advanced communications network, supported by a
More information about Charter can be found at corporate.charter.com.
About The Walt Disney Company
The Walt Disney Company, together with its subsidiaries and affiliates, is a leading diversified international entertainment and media enterprise that includes three business segments: Entertainment, Sports, and Experiences. Disney is a Dow 30 company and had annual revenue of
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SOURCE Charter Communications, Inc.
FAQ
What streaming services will Spectrum TV Select customers get under the new Disney deal?
When will Hulu be available to Spectrum TV Select customers?
Which Disney channels are returning to Spectrum's lineup?
What is the total value of streaming services included in Spectrum TV Select?
Can Spectrum broadband-only customers access these Disney streaming services?
