The Walt Disney Co. threatened to pull content from the fourth-largest U.S. cable distributor.
Disney is seeking a new contract by Oct. 1 with New York-based Altice, a company owned by a European conglomerate that's better known as Optimum.
"We are always working hard to negotiate carriage agreements that reflect the best interest of all our customers. We want to carry ESPN and its sister networks, including ABC and Disney, at a reasonable rate and have already offered an increase in retransmission fees and sports programming costs," Altice said in a statement emailed to Reuters on Sunday.
Read more from Reuters.
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