Comcast, Disney in 10-year deal
Saying it was an unprecedented deal, Comcast has reached a 10-year distribution agreement with Disney, which guarantees Comcast subscribers will see ESPN and about 70 other Disney offerings without interruption on their TV, tablets and other devices.
Saying it was an unprecedented deal, Comcast Corp. has reached a 10-year distribution agreement with the Walt Disney Co. that guarantees Comcast subscribers will see ESPN and about 70 other Disney products without interruption on their TV, tablets and other devices.
Financial details were not released. The two companies had a distribution contract that was to expire in late 2012.
The new contract is unprecedented for its duration and because it encompasses all of Disney's entertainment and news programs and includes devices other than TVs.
"We are very pleased to have reached this unprecedented and innovative, long-term agreement with Disney, which embraces the future of entertainment and allows Comcast to continue to bring our vision of TV Everywhere to Xfinity customers, whether at home or on the go," said Neil Smit, president of Comcast's cable division.
TV Everywhere is a concept of making television programming available on tablets and portable devices outside of the family living room.
Anne Sweeney, president of the Disney/ABC Television Group, said, "This landmark deal is a great example of what can be achieved when programmers and distributors collaborate and innovate together to meet the ever-evolving needs of consumers and enhance the viewing experience."