WARNER BROS. DISCOVERY AND CHARTER COMMUNICATIONS ANNOUNCE EARLY RENEWAL AGREEMENT THAT FURTHER REIMAGINES THE FUTURE OF VIDEO
Warner Bros. Discovery (NASDAQ: WBD) and Charter Communications announced a long-term, early renewal distribution partnership to integrate linear TV and direct-to-consumer (DTC) streaming across Spectrum packages.
The deal adds Max (ad-supported) and Discovery+ at no extra charge to Spectrum TV Select customers, bundles roughly $60/month of retail DTC value with other services, extends carriage of WBD linear networks, names Max a preferred partner, and targets full DTC deployment to broadband customers in 2025 after 2024 inclusion offers. Financial terms were not disclosed.
Warner Bros. Discovery (NASDAQ: WBD) e Charter Communications hanno annunciato una partnership di distribuzione a lungo termine, con rinnovo anticipato, per integrare la TV lineare e lo streaming direct-to-consumer (DTC) all'interno dei pacchetti Spectrum.
L'accordo aggiunge Max (supportato dalla pubblicità) e Discovery+ senza costi aggiuntivi per i clienti Spectrum TV Select, combina circa 60 USD/mese di valore retail DTC con altri servizi, estende la diffusione delle reti lineari di WBD, nomina Max come partner preferito e punta a una piena distribuzione DTC agli utenti a banda larga nel 2025, dopo le offerte di inclusione del 2024. I termini finanziari non sono stati divulgati.
Warner Bros. Discovery (NASDAQ: WBD) y Charter Communications anunciaron una asociación de distribución a largo plazo, con renovación anticipada, para integrar la televisión lineal y el streaming direct-to-consumer (DTC) en los paquetes de Spectrum.
El acuerdo añade Max (con publicidad) y Discovery+ sin costo adicional para los clientes de Spectrum TV Select, agrupa aproximadamente 60 USD/mes de valor minorista de DTC con otros servicios, amplía la distribución de las redes lineales de WBD, nombra a Max como socio preferente y apunta a implementar completamente DTC para los usuarios de banda ancha en 2025, tras las ofertas de inclusión de 2024. Los términos financieros no fueron revelados.
Warner Bros. Discovery (나스닥: WBD)와 Charter Communications는 Spectrum 패키지 전반에 걸친 선도적인 재배포 파트너십을 조기에 갱신하는 장기 계약을 발표했습니다. 이를 통해 선형 TV와 직접 소비자(DTC) 스트리밍을 통합합니다.
이 거래로 Spectrum TV Select 고객에게 Max(광고 지원)와 Discovery+가 추가 비용 없이 제공되며, 다른 서비스와 함께 약 월 60달러의 DTC 소매 가치가 묶이고, WBD의 선형 네트워크 전송이 연장되며, Max를 선호 파트너로 지정하고, 2024년 포함 제안 이후 2025년에 광대역 고객에 대한 DTC 전체 배포를 목표로 합니다. 재무 조건은 공개되지 않았습니다.
Warner Bros. Discovery (NASDAQ : WBD) et Charter Communications ont annoncé un partenariat de distribution à long terme et un renouvellement anticipé afin d’intégrer la télévision linéaire et le streaming direct-to-consumer (DTC) au sein des offres Spectrum.
L’accord ajoute Max (avec publicité) et Discovery+ sans frais supplémentaires pour les clients Spectrum TV Select, regroupe environ 60 USD/mois de valeur DTC au détail avec d’autres services, étend la diffusion des réseaux linéaires de WBD, désigne Max comme partenaire privilégié et vise à déployer pleinement le DTC auprès des clients haut débit en 2025, après les offres d’inclusion de 2024. Les conditions financières n’ont pas été divulguées.
Warner Bros. Discovery (NASDAQ: WBD) und Charter Communications gaben eine langfristige, frühzeitige Verlängerungs-Distributionspartnerschaft bekannt, um lineares Fernsehen und Direct-to-Consumer (DTC) Streaming über Spectrum-Pakete zu integrieren.
Der Deal fügt Max (werbefinanziert) und Discovery+ ohne zusätzliche Kosten für Spectrum TV Select-Kunden hinzu, bündelt ca. 60 USD/Monat an Einzelhandel-DTC-Wert mit anderen Diensten, verlängert die Bereitstellung der WBD-Linear-Netze, benennt Max als Bevorzugten Partner und zielt darauf ab, DTC vollständig bei Breitbandkunden im 2025 zu implementieren, nach den Inklusionsangeboten von 2024. Finanzielle Bedingungen wurden nicht offengelegt.
وورنر بروس. ديسكفري (المدرجة في ناسداك: WBD) وCharter Communications أعلنتا عن شراكة توزيع طويلة الأجل وقابلة للتجديد مبكرًا لدمج التلفزيون الخطي وبث المحتوى المباشر للمستهلك (DTC) عبر باقات Spectrum.
تضيف الصفقة Max (مدعوم بالإعلانات) وDiscovery+ بدون أي تكلفة إضافية لعملاء Spectrum TV Select، وتجمع حوالي 60 دولارًا أمريكيًا/شهريًا من قيمة DTC التفصيلية مع خدمات أخرى، وتُوسع نشر شبكات WBD الخطيّة، وتُعين Max كشريك مُفضل، وتستهدف نشر DTC بالكامل لعملاء النطاق العريض في 2025 بعد عروض الدمج لعام 2024. لم يتم الكشف عن الشروط المالية.
- Max (ad-supported) and Discovery+ included in Spectrum TV Select at no extra charge
- ~$60/month of retail DTC value added to Spectrum bundle
- Long-term extension of carriage for WBD linear networks
- Full DTC deployment to broadband customers planned for 2025
- Max designated as a preferred partner for Spectrum marketing and bundles
- Financial terms of the agreement were not disclosed
Insights
Long-term distribution deal expands streaming reach into Spectrum packages and bundles significant DTC value for subscribers.
By making Max (Ad Lite) and Discovery+ available across Spectrum TV Select at no extra charge, the agreement integrates linear networks and DTC services into Spectrum's bundles while extending carriage for networks such as TNT, CNN, Food Network and TBS. The stated package combination creates nearly
Key dependencies and risks include execution of Spectrum's 2024 DTC inclusion and upgrade offers and the planned full deployment of DTC distribution to broadband customers in
Partnership Between Two of the Largest Media and Distribution Companies Combines Linear Video and Direct-to-Consumer Streaming Services for Maximum Customer Value
NEW YORK and STAMFORD, Conn., Sept. 12, 2024 /PRNewswire/ -- Warner Bros. Discovery Inc. (NASDAQ: WBD) and Charter Communications, Inc. (NASDAQ: CHTR) today announced a groundbreaking, multi-year distribution partnership that re-imagines the future of video by fully integrating linear video and streaming services. With this early renewal, the agreement further evolves the video ecosystem with more value and flexibility in video bundles, deeper libraries and more choice to better align with customers' current viewing preferences.
"This innovative partnership with Charter recognizes the value of our linear content and the investments we've made in premium original programming, sports and news, while also significantly expanding the distribution of Max's ad-supported service to Spectrum's millions of Select customers," said David Zaslav, President and CEO of Warner Bros. Discovery. "We did this agreement together nearly a year early to set a framework for the future and to provide more consumers access to our unparalleled content offering while giving the industry more resilience as it evolves. We are pleased this achieves each of our company's objectives."
Charter, the industry leader in customer package flexibility, hybrid direct-to-consumer (DTC) linear models and soon-to-launch DTC to broadband distribution, has joined forces with WBD, the global leader in premium original programming, film, news and sports. This transformational agreement now provides the premium service of Max (Ad Lite), including all HBO and Max content as well as Discovery+, across all Spectrum TV Select packages at no extra charge to customers, through a mutually beneficial new arrangement between the two companies. The addition of Max and Discovery+ represents a game-changer for Spectrum's bundle proposition, which will offer nearly
"This strategic relationship with WBD further evolves the linear and broadband video distribution model and supports Spectrum's efforts to provide flexible packages, whether through hybrid linear-DTC full video relationships, smaller video packages with DTC add-ons, or a suite of a-la-carte or bundled DTC options for broadband customers," said Chris Winfrey, President and Chief Executive Officer, Charter Communications, which operates the Spectrum brand. "The inclusion of the ad-supported version of Max and Discovery+ in our most popular packages at no additional cost ensures we provide the most value to our customers, particularly when combined with the utility of Xumo, which seamlessly integrates live linear, DVR and VOD, DTC, and SVOD content with unified search and discovery for the best overall customer experience. WBD's creativity and commitment to a healthier video ecosystem further enables us to deliver on our core principles to create value and choice for customers."
This long-term agreement favorably extends Spectrum's carriage of WBD's linear network portfolio, including TNT, CNN, Food Network, HGTV, TLC, Discovery, TBS, Adult Swim and Investigation Discovery, backed by the largest video distributor serving the biggest media markets. The deal also establishes Max as a "preferred partner" for Spectrum when marketing and selling DTC apps and bundles to broadband subscribers, creating a significant opportunity that will reach Charter's full video and broadband customer base. Spectrum plans for a full deployment of its DTC distribution to broadband customers in 2025, following the 2024 deployment of its DTC inclusion and upgrade offers. Spectrum's DTC distribution plan will include separate pricing, packaging and billing capabilities for DTC video services to broadband customers.
Financial terms of the agreement were not disclosed.
About Warner Bros. Discovery
Warner Bros. Discovery is a leading global media and entertainment company that creates and distributes the world's most differentiated and complete portfolio of branded content across television, film, streaming and gaming. Available in more than 220 countries and territories and 50 languages, Warner Bros. Discovery inspires, informs and entertains audiences worldwide through its iconic brands and products including: Discovery Channel, Max, discovery+, CNN, DC, TNT Sports, Eurosport, HBO, HGTV, Food Network, OWN, Investigation Discovery, TLC, Magnolia Network, TNT, TBS, truTV, Travel Channel, MotorTrend, Animal Planet, Science Channel, Warner Bros. Motion Picture Group, Warner Bros. Television Group, Warner Bros. Pictures Animation, Warner Bros. Games, New Line Cinema, Cartoon Network, Adult Swim, Turner Classic Movies, Discovery en Español, Hogar de HGTV and others. For more information, please visit www.wbd.com.
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, the Company offers a full range of state-of-the-art residential and business services including Spectrum Internet®, TV, Mobile and Voice.
For small and medium-sized companies, Spectrum Business® delivers the same suite of broadband products and services coupled with special features and applications to enhance productivity, while for larger businesses and government entities, Spectrum Enterprise® provides highly customized, fiber-based solutions. Spectrum Reach® delivers tailored advertising and production for the modern media landscape. The Company also distributes award-winning news coverage and sports programming to its customers through Spectrum Networks. More information about Charter can be found at corporate.charter.com.
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SOURCE Charter Communications, Inc.
FAQ
What did Warner Bros. Discovery (WBD) and Charter announce on November 4, 2025?
How does the WBD-Charter deal affect Spectrum customers and pricing (WBD)?
When will Charter fully deploy DTC distribution to broadband customers under the WBD deal?
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Does the WBD and Charter announcement disclose the financial terms for WBD shareholders?
