(Reuters) – Charter Communications said on Friday Walt Disney Co declined its proposal for a distribution agreement and pulled video channels from its cable service, in a move that will impact the cable operator’s earnings.
Charter said it was paying about $2.2 billion in annual programming costs to Disney, excluding the impact of
advertising revenue for both parties.
Disney did not immediately respond to Reuters’ request for a comment.
(Reporting by Chavi Mehta in Bengaluru)