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Carpenters remarks and the presentation deck focused on a brighter future for pay-TV.

The result is higher rates of churn.

This is not just a run-of-the-mill dispute for us, he replied.

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DirecTVJon Kopaloff/Getty Images for DirecTV

Were prepared to take this as long as it needs to.

Disney is a stakeholder with Fox and Warner Bros.

Asked during the call about the Venu ruling, Carpenter said he was not surprised by it.

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