Disney (NYSE: DIS) says it has reached an “agreement in principle” with Cablevision (NYSE: CVC) “that recognizes the fair value of ABC7 with deal points that we expect to finalize with Cablevision.” Translation: Cablevision subs are watching the Oscars after all. The agreement — which Cablevision didn’t even mention in its terse statement — came more than 20 hours after Disney shut off the signal to WABC for some 3.1 million New York-area subs and followed an afternoon of dueling claims. The signal returned at 8:45 p.m. eastern, about 15 minutes into the Academy Awards.
WABC explained: “Given this movement, we
Here’s something else to look at in terms of Disney: http://www.pressdisplay.com/pressdisplay/showlink.aspx?bookmarkid=FP6WN8D3W883&preview=article&linkid=07f12f57-f391-4ce9-be00-adda3ab16dbd&pdaffid=ZVFwBG5jk4Kvl9OaBJc5%2bg%3d%3d
Anyhow, hope this sheds some light on a different angle
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