From this mornings Seeking Alpha.
Report: Disney and Dish Network close to carriage deal • 10:07 AM
Dish Network (DISH +2.6%) and Disney (DIS +1%) are reported to be very close to agreeing on a new carriage deal.
Part of the terms would include Disney dropping its lawsuit against Dish over its Hopper DVR service.
The two companies have been operating under a short-term distribution agreement since September.
What to watch: Media analysts will be tapping sources to find out what Dish is paying for ESPN. Pay-TV operators have been protesting at the $5.00-$6.00 per subscriber range, but probably don't have the leverage to prevent another increase. Wells Fargo sees the rate rising above $7.50 over the next couple of years, while others argue the bundled channel model falls apart at some elevated level.