Disney Opposes Cable Reform
Disney is fighting a bill in Florida that would allow users to choose individual channels instead of paying for bundled cable/streaming packages. Disney argues this would disrupt industry deals negotiated for bundled content and drive up consumer costs. Supporters say users should have more flexibility to customize TV and streaming options and pay only for preferred channels. The bill could reshape how streaming services are offered and disrupt Disney's and other companies' revenue models that rely on bundled channel fees.
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00:00 It's Benzinga and here's what's on the block.
00:02 Disney is fighting a bill in Florida that would allow users to choose individual channels
00:06 instead of paying for bundled cable streaming packages.
00:10 Disney argues this would disrupt industry deals negotiated for bundled content and drive
00:14 up costs for consumers.
00:17 Supporters say users should have more flexibility to customize TV and streaming options and
00:21 pay only for preferred channels.
00:24 The bill could reshape how streaming services are offered and disrupt Disney's and other
00:27 companies' revenue models that rely on bundled channel fees.
00:30 For all things money, visit Benzinga.com.
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