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Charter CEO Chris Winfrey has stated that pay-TV customers will likely continue to abandon traditional cable packages as long as 'Big 4' broadcasters demand high retransmission fees.
Disney+/Hulu hiked prices this week, the most recent of many streaming service increases. Churn is a concern, but entertainment giants haven't blinked yet.
Disney CEO Bob Iger said Thursday on CNBC that the company will cut back on its content creation for major franchises Marvel and Star Wars.