THE WALT DISNEY COMPANY AND THE NATIONAL TELCO TELEVISION CONSORTIUM ANNOUNCE COMPREHENSIVE MULTI-YEAR DISTRIBUTION AGREEMENT

NTTC to add Full Suite of Authenticated WATCH Services, Video-On-Demand Products, Longhorn Network, ESPN Goal Line, ESPN Buzzer Beater and Upcoming SEC Network

MEMPHIS,TN and BRISTOL, CT -- JULY 16, 2014 -- The National Telco Television Consortium (NTTC) and The Walt Disney Company (NYSE: DIS) today announced a comprehensive multi-year distribution agreement to deliver Disney's robust lineup of top quality sports, news and entertainment content to NTTC members' customers across TVs, computers, smartphones, tablets, gaming consoles and connected devices. The telecommunications consortium serves member systems throughout the United States.

"The entire suite of Disney and ESPN services are a mainstay in our members' video offerings. With all of the new additions including the highly sought after SEC Network, Longhorn Network, WATCH Services, increased HD and specialty programming like ESPN Goal Line and ESPN Buzzer Beater, we are confident that our members are positioned to continue to be highly competitive in their respective markets across the United States," said Kevin Kenworthy, Executive Vice President, Programming, National Telco Television Consortium.

Added David Preschlack, Executive Vice President, Affiliate Sales and Marketing, Disney & ESPN Networks Group: "We continue to work with a variety of distribution partners to deliver quality content and services that add value to the multichannel video subscription. With this new multi-year renewal deal, not only will the customers of the NTTC member companies be able to access our content anytime, anywhere across any device with our WATCH products, but they will also receive a slate of new services including video-on-demand, Fusion, Longhorn Network, ESPN Goal Line, ESPN Buzzer Beater and the upcoming, highly-anticipated SEC Network debut on August 14."

As part of the new multi-year deal, the NTTC will introduce several new services, including the full suite of authenticated WATCH products, the upcoming SEC Network, Longhorn Network, ESPN Goal Line, ESPN Buzzer Beater and video-on-demand products. Services that will continue to be covered by the broad scope of this agreement include: ABC Family, Disney Channel, Disney Junior, Disney XD, ESPN, ESPN2, ESPNU, ESPN Deportes, ESPNEWS, ESPN Classic, ESPN3 and Fusion.

NTTC members' customers will receive broad access to existing authenticated products like WATCH ABC authenticated on-demand content, WATCH ABC Family, WATCH Disney Channel, WATCH Disney Junior, WATCH Disney XD and WatchESPN (ESPN, ESPN2, ESPN3, ESPNU, ESPN Goal Line and ESPN Buzzer Beater) through the networks' own WATCH sites and apps. These products will give NTTC members' customers more opportunities to access live and video on demand content, both in-home and out-of-home, on their computers, smartphones, tablets, gaming consoles and connected devices.

About the National Telco Television Consortium (NTTC)

NTTC is a member organization that provides video operators with national broadcast and cable TV content licensing, broadband affiliation programming rights, as well as negotiation assistance for local TV rebroadcast rights. NTTC also assists members with entertainment packaging and marketing advice as well as consultation for effective deployment strategies. NTTC currently serves member systems throughout the United States. For more information, visit www.nttc.tv.

About The Walt Disney Company

The Walt Disney Company, together with its subsidiaries and affiliates, is a leading diversified international entertainment and media enterprise with five business segments: media networks, parks and resorts, studio entertainment, consumer products and interactive. Disney is a Dow 30 company and had annual revenues of $45 billion in its Fiscal Year 2013.