Charter Communications (CHTR) said Thursday its Spectrum business has signed a distribution agreement with Warner Bros. Discovery (WBD) to integrate Max With Ads into Spectrum TV Select.
With Max With Ads, an ad-supported plan that retails for $9.99 per month, Spectrum TV Select customers will have access to series and films from brands including HBO, Warner Bros., and Max Originals at no additional cost, Charter said.
Financial details of the agreement weren't provided.
Shares of Charter were up 1.9% in recent trading, while Warner Bros. Discovery jumped past 15%.
Price: 385.84, Change: +7.34, Percent Change: +1.94
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.