Altice USA CEO Dennis Mathew used the opportunity of his company's Q3 conference call with equity analysts Wednesday to throw his support behind the groundbreaking carriage renewal deal carved out in September by Charter Communications and Disney.
“The model is broken,” Mathew said. “I just have to say, for the last 10 years, the consumers have made it clear that there is a significant shift from linear to streaming, and yet the costs for linear have continued to rise. And we as distributors need to find a way to work with our programming partners to put the customer at the center. We need to give them great value.”
