Official quarterly earnings reports from Charter Communications

Warner Bros. Discovery and Charter Ink Multi-Year Distribution Deal Including Max and Discovery+

Sep 12, 2024, 01:27 PM

Warner Bros. Discovery and Charter Communications have struck a multi-year distribution deal that renews their partnership nearly a year early. This agreement will see Warner Discovery's cable networks, including TNT and CNN, continue to be available on Charter's platforms. Additionally, the ad-supported Max streaming service and Discovery+ tiers will be bundled into Charter's Spectrum TV Select plan at no extra charge for certain tiers of subscribers. Charter will also market Max and receive a revenue share from new subscribers it signs up. The deal, negotiated by Warner Discovery CEO David Zaslav and Charter CEO Chris Winfrey, sets a template for future negotiations with other major distributors like Comcast and DirecTV.