Todd Spangler NY Digital Editor Charter Communications, the No. 2 U.S. cable operator, continues to reshape its TV biz for the streaming era: Under an early deal renewal with Warner Bros.
Discovery, Spectrum TV Select customers will have access to the Max streaming service “at no extra charge.” The two sides reached the new deal “nearly a year early,” according to WBD CEO David Zaslav.
Under the multiyear pact, the ad-supported version of Max — including all HBO and Max content — as well as Discovery+ — will be bundled with all Spectrum TV Select packages for no additional fee.
Financial terms of the agreement were not disclosed. WBD and Charter said the streaming component reflects “a mutually beneficial new arrangement between the two companies.” As of the end of June, Charter had 12.72 million residential video subs, declining 393,000 in the period and down 9.6% year over year.
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