WHY THIS MATTERS:For Comcast Cable, the seasonally weak third quarter will be further pressured by the impact of the storm on its subscribers and operations in Houston, where the MSO has a large presence.
WHY THIS MATTERS:The extended, multi-year deal will accelerate the move to put Suddenlink Communications and Cablevision Systems/Optimum on the same platform and help to modernize Altice USA's technology operations.
WHY THIS MATTERS:Speaking at the Bank of America Merrill Lynch media conference Thursday, Iger also addressed ESPN's slipping subscriber base, adding that while there has been some decline, he still believes the network and other Disney properties will negotiate from a position of strength as more than 50% of its subscriber base comes up for carriage renewal by the end of 2019.