08:30 AM EDT, 08/27/2024 (MT Newswires) -- Walt Disney ( DIS ) and DirecTV are in contract renewal talks, and the pay-for television provider is looking to ease terms that have required cable and satellite-TV distributors to charge customers for channels even if they don't watch them, Bloomberg reported Tuesday, citing people familiar with the matter.

DirecTV, which is owned by AT&T ( T ) and TPG Capital, is instead looking to offer smaller channel packages in specific genres, like kids programming, movies, news, local stations, sports or Spanish-language TV, according to the news outlet.

Neither Disney ( DIS ) nor DirecTV immediately responded to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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