Disney Urges Spectrum Users to Switch to Hulu Live Plan

A screen shows the logo and a ticker symbol for The Walt Disney Company on the floor of the New York Stock Exchange (NYSE) in New York, US, December 14, 2017. REUTERS/Brendan McDermid/File Photo
A screen shows the logo and a ticker symbol for The Walt Disney Company on the floor of the New York Stock Exchange (NYSE) in New York, US, December 14, 2017. REUTERS/Brendan McDermid/File Photo
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Disney Urges Spectrum Users to Switch to Hulu Live Plan

A screen shows the logo and a ticker symbol for The Walt Disney Company on the floor of the New York Stock Exchange (NYSE) in New York, US, December 14, 2017. REUTERS/Brendan McDermid/File Photo
A screen shows the logo and a ticker symbol for The Walt Disney Company on the floor of the New York Stock Exchange (NYSE) in New York, US, December 14, 2017. REUTERS/Brendan McDermid/File Photo

Walt Disney urged customers of Charter Communications' Spectrum cable service to consider switching to a live television option from Hulu as the media companies remain at odds over a new distribution deal.
In a blog post on Monday, Disney said it hoped it would be able to reach an agreement to restore access to ABC, ESPN and other Disney-owned channels that have been blacked out on Charter's service since Thursday.
With no deal in place, Disney suggested that Spectrum customers sign up for Hulu + Live TV, a streaming service that offers ESPN, ABC, Disney+ and dozens of other cable channels. Disney owns a majority stake in Hulu, Reuters said.
"Despite the ongoing dispute, consumers have many other choices—such as Hulu + Live TV—that allow them to enjoy the great programming for which Disney Entertainment is known," the company said in a statement.
“There’s no contract, no cable box, and no wait time to subscribe,” Disney said in the blog post.
It sent a similar message across the company's social media channels.
Disney pulled its channels off Charter's Spectrum cable service last week in the middle of US Open tennis coverage and other live sporting events including college football.
Charter's dispute with Disney stems in part from the fees Disney is seeking for its programming at a time when cable TV viewership is on the decline and streaming on the rise.
On Friday, Charter Chief Executive Christopher Winfrey said the disagreement was "not the typical carriage dispute."
"We're either moving forward with a new collaborative video model or we're moving on," Winfrey said.
The cable operator said it had been paying about $2.2 billion in annual programing costs to Disney, excluding the impact of advertising revenue for both parties. Charter has about 14.7 million subscribers to its Spectrum TV service in markets including New York and Los Angeles.



Japan’s Toho Buys Ghibli Animation Distributor GKIDS to Further Overseas Growth

People take a picture of Godzilla's head at Shinjyuku Toho building at the Kabukicho district in Tokyo, July 30, 2016. (AP)
People take a picture of Godzilla's head at Shinjyuku Toho building at the Kabukicho district in Tokyo, July 30, 2016. (AP)
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Japan’s Toho Buys Ghibli Animation Distributor GKIDS to Further Overseas Growth

People take a picture of Godzilla's head at Shinjyuku Toho building at the Kabukicho district in Tokyo, July 30, 2016. (AP)
People take a picture of Godzilla's head at Shinjyuku Toho building at the Kabukicho district in Tokyo, July 30, 2016. (AP)

Toho Co, the Japanese creator of the "Godzilla" movie franchise, will acquire the US distributor of Studio Ghibli's famed animated films, it said on Wednesday, to help drive overseas expansion.

The acquisition comes amid a surge in global popularity for Japanese entertainment, and fits with Toho's multi-year growth strategy centered on animation and overseas markets.

New York-based GKIDS, which distributed Ghibli's Oscar-winning "The Boy and the Heron", will become a wholly owned subsidiary of Toho after the deal, whose terms were not disclosed in statements from both companies.

"We are truly thrilled to be joining forces with the esteemed and storied Toho," GKIDS, which has distributed 13 animated films nominated for Oscars, said in a statement, citing founder Eric Beckman and President Dave Jesteadt.

Toho's own "Godzilla Minus One", a hit in overseas markets, took home an Oscar for visual effects in March, while "Shogun", a historical epic filmed mostly in Japanese, won a record number of Emmy Awards last month for a single season of drama.

Japan set up a committee last month to promote its entertainment industry, which was worth 12.9 trillion yen ($86.43 billion) in 2021, ranking third globally after the United States and China, the cabinet office said.

GKIDS manages the film catalogue of Ghibli, the studio of renowned Japanese director Hayao Miyazaki, in North America.

In March, it inked a deal with Warner Bros. Discovery to extend the US streaming rights to Ghibli films.