Without Spectrum, What’s the Future of Freeform and Disney’s Other Cable Channels?
Steven Cahall, the lead equity analyst at bank Wells Fargo, believes that 75 percent of the Disney cable channels will “disappear” (with 25 percent remaining in big bundles), he wrote in a Wednesday note to clients (and obtained by IndieWire). He sees Disney’s overall operating income taking a 6 percent hit; that’s more than $1 billion annually, which ain’t mouse crumbs. Indie Wire
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