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The Walt Disney Company And Cablevision Announce Comprehensive Distribution Agreement

Stocks in this article: CVC DIS

Cablevision (NYSE: CVC) and The Walt Disney Company (NYSE: DIS) today announced a comprehensive distribution agreement to deliver Disney’s robust lineup of top quality sports, news and entertainment content to Cablevision TV customers across television, internet, tablets and handheld devices. The new agreement enhances the multichannel business model and supports the companies’ mutual goal to deliver the best video content to customers across multiple platforms.

As part of the new multi-year agreement, Cablevision will launch several new services, including the full suite of authenticated WATCH products, ESPN3 and ESPN 3D, as well as the upcoming ABC News/Univision Joint Venture, a 24/7 news, information and lifestyle multi-platform network for English-dominant and bilingual Hispanics, the youngest and fastest-growing demographic in the U.S. In total, approximately 70 services are covered by the broad scope of this agreement including: ABC, ABC Family, Disney Channel, Disney Junior, Disney XD, ESPN, ESPN2, ESPNU, ESPN Deportes, ESPNEWS, ESPN Classic, ESPN Goal Line, ESPN Buzzer Beater, ESPN 3D, ESPN GamePlan, ESPN FullCourt, ESPN3 and Longhorn Network; retransmission consent for WABC-TV and WPVI-TV, as well as more than 10 high-definition networks.

Cablevision customers will receive broad access to existing authenticated products like WATCH Disney Channel, WATCH Disney XD and WATCH Disney Junior, the to-be-launched WATCH ABC and WATCH ABC Family services and WatchESPN (ESPN, ESPN2, ESPN3, ESPNU, ESPN Goal Line and ESPN Buzzer Beater). These products will give Cablevision customers more opportunities to access live and video on demand content, both in-home and out-of-home, on their computers, smartphones, tablets and gaming consoles.

Cablevision will also provide its TV customers with broad access to expanded On Demand content through Disney’s comprehensive TV+ initiative.

“This significant agreement ensures that our customers will continue to have access to dozens of ABC, Disney and ESPN networks for years to come and, for the first time, they will be able to enjoy Disney and ESPN programming outside the home,” said James L. Dolan, Cablevision's president and CEO. “It includes the launch of new services, like ESPN3, and expanded availability of high-quality On Demand content, which is a key element of our video strategy and value proposition to customers.”

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