Speaking to equity analysts on the first business day back after ABC, ESPN and other Disney channels suddenly went dark on his platform over the Labor Day holiday weekend, DirecTV CFO Ray Carpenter said the pay TV company will battle the media conglomerate "as long as it needs to" to secure fundamental changes in the way networks are licensed and distributed.
“This dispute is not a run-of-the-mill dispute," Carpenter said. "This is not the kind of dispute where we’re haggling over percentage points on a rate. This is really about changing the model in a way that gives everyone confidence that this industry can survive."
