Disney agrees to $50M class action settlement over streaming (opens original article in a new tab)

The Walt Disney Company has agreed to a $50 million settlement in a case alleging that it inflated streaming costs by requiring platforms to carry ESPN, which led to higher prices and reduced competition.

• Disney agreed to a $50 million settlement over allegations of inflating streaming costs by requiring platforms to carry ESPN.
• The lawsuit claimed Disney's carriage agreements raised prices and prevented competition, with subscribers to YouTube TV and DirecTV Stream eligible for a portion of the settlement.
• Disney will consider subscription packages with fewer Disney networks, and the settlement requires final approval by January 14, with payments to follow.