Charter will offer a cheaper, sports-lite cable TV option to reflect changing landscape
Publishing timestamp: 2023-07-10 20:38:29
Summary
Charter Communications is changing its cable TV offering to include a cheaper, sports-lite tier without regional sports networks. This move comes as sports TV networks, particularly regional sports channels, face challenges due to cord-cutting and streaming options. Charter plans to launch the new cable package system in the third quarter, allowing customers to select a cheaper option without regional sports channels. The company aims to provide a more flexible approach to sports packaging and cater to the preferences of both sports and non-sports viewers.
Sentiment: NEUTRAL
Keywords: media, business news, charter communications inc, sports, walt disney co, breaking news: business,
Source: https://www.cnbc.com/2023/07/10/charter-will-offer-a-cheaper-cable-tv-option-without-sports.html