By Joe Flint
Disney and DirecTV agreed to terms on a new distribution agreement and returned the entertainment giant's popular channels, including ESPN and ABC, to the satellite broadcaster's 11.3 million subscribers Saturday morning.
The pact ends a nearly two-week stalemate between the companies that turned particularly nasty -- with DirecTV accusing Disney of negotiating in bad faith. Subscribers were caught in the middle and missed popular sports programming including college football and the first week of "Monday Night Football."
Under the terms of the deal, Disney receives increases in the fees it charges DirecTV to carry its networks and local ABC television stations, the companies said, while DirecTV has more flexibility in how it sells Disney's channels to customers, which was a key sticking point in the deal.
Write to Joe Flint at Joe.Flint@wsj.com
(END) Dow Jones Newswires
September 14, 2024 09:25 ET (13:25 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
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