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DirecTV Offers Customers $20 Refund for Lost Disney Channels
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DirecTV is offering its customers refunds of $20 for the loss of broadcasts from ESPN, ABC and other channels owned by Walt Disney Co., underscoring how much money is at stake as the two companies negotiate a new contract.
DirecTV pays Disney about $2 billion annually for its channels, the company’s chief financial officer, Ray Carpenter, said on a conference call with analysts on Tuesday.