No matter how you look at it, first quarter was another disaster for traditional cable and satellite. Leading the pack was DirecTV with a loss of 620,000 subscribers. As first reported by Mike Farrell in Multichannel News, the loss caused Bernstein Media analyst Peter Supino to proclaim: “If DirecTV continues to bleed subs at its […]
Dish Network’s first quarter net income and revenues rose despite the loss of about 230,000 pay TV subscribers. Dish said the drop in subscribers was smaller than the 413,000 that departed a year ago. The company now has 11.06 million pay TV subscribers. First quarter net income was $630 million, or 99 cents a share, compared to $73 million, or 13 cents a year a year ago.
“Our vendors are competing with us in linear TV, so that’s an unhealthy place.” That’s the assessment of Dish founder Charlie Ergen. In Thursday’s earnings call, Ergen played prophet and skeptic as he laid out the competitive landscape. The company’s Dish TV and Sling TV units rely almost exclusively on the appetite for live streaming. But as nearly every media company launches its own services, these MVPDs are facing increasing competition for limited streaming dollars.
A U.S. District Court has declined to dismiss Circle City Broadcasting’s (joined by NABOB, the National Association of Black-Owned Broadcasters) amended complaint against Dish Network charging that the satellite operator refused to negotiate for carriage of its TV stations in a nondiscriminatory manner. The court concluded that Circle City had made at least a circumstantial case for intentional discrimination.
Dish Network Chairman Charlie Ergen, long one of the lowest paid CEOs in the media industry, broke that mold Friday after the satellite giant revealed the executive received his biggest payday yet, $94.8 million, fueled mainly by one-time stock options, according to its annual proxy statement filed with the Securities and Exchange Commission.
Dish Network has notified subscribers that they’re going to lose more regional sports networks on April 1 when its deal to carry the NBC Regional Sports Networks expires. The timing is odd, coming days after Dish announced a deal with DraftKings, which wants viewers watching sports and betting on the outcomes. Under poker player and chairman Charlie Ergen, Dish has been folding its relationships with RSNs, which he had deemed offering too low a return for too high a price.
Dish Network says it reached a strategic agreement that will bring DraftKings sports book and fantasy sports to Dish customers. The DraftKings app will be integrated into the Dish TV Hopper platform. Down the road, DraftKings will be added to Sling TV and Boost Mobile. The move comes as more media companies form alliances with the growing legal betting industry.
With his company’s vMVPD reporting just 16,000 customer additions in the fourth quarter, the Dish chairman concedes the service should have more market share than it does.
The Capitol Broadcasting duopoly has been pulled from the satellite service after a carriage extension expired with no new deal in place.
Dish Network and Nexstar Media Group, the No. 1 U.S. owner of local TV stations, have resolved a carriage dispute that took 164 Nexstar stations and cable network WGN America off the air for more than three weeks. The deal was announced just after 1 a.m. ET on Friday, Christmas Day.
In an advertising claim version of “storage wars,” The National Advertising Division (NAD) of BBB National Programs has recommended that Dish Network pull the plug on some claims about its Hopper 3 DVR’s superiority to that of others and the company has agreed to do so.
Nexstar Media has begun criticizing Dish Network in commercials on its stations as the retransmission dispute that has blacked out channels in 115 markets enters its third week.
Dish Network has announced a multi-year agreement with Cox Media Group to restore 14 stations in 10 markets that had been blacked out on the satellite TV operator’s platforms since July. Dish didn’t announce terms of the agreement with Cox, which is owned by Apollo Global Management. Dish still has 164 Nexstar stations blacked out
The satellite provider will pay a historic civil penalty that tops the total penalties paid to the government by all prior violators of the Federal Trade Commission’s Telemarketing Sales Rule.
Nexstar Media Group TV stations in 120 markets and 42 states as well as WGN America nationwide have gone dark on Dish Network platforms after days of negotiations between the companies failed to yield a deal. In all, 164 stations are offline.
The ongoing retransmission consent battle between Dish Network and Nexstar Media Group continued Friday, with the station group claiming that Dish has declined reasonable offers to settle the dispute.
Dish Network and Nexstar Media Group are warning subscribers and viewers of a potential blackout. As with past contract disputes, the companies are blaming the other. In a Thanksgiving news release, Dish said Nexstar is threatening the “largest local station blackout in TV history” that could “black out” customers’ access to “164 local channels in 120 markets across 42 states and the District of Columbia.” The contract between Dish and Nexstar expires Dec. 2, according to Gary Weitman, Nexstar EVP and chief communications officer, who said: “We felt it was important to start advising our viewers who are Dish subscribers of the potential for an interruption in service, since Dish has a history of repeatedly forcing stations off of their system.”
The FCC ruled unanimously Tuesday night that Dish Network CEO Charlie Ergen improperly bid on $12 billion worth of wireless spectrum back in 2015, and received a $3-plus billion discount through a government program designed to benefit small businesses. Ergen bid on the spectrum not through Dish Network, a massive satellite and soon-to-be 5G carrier, but through an outfit known as Northstar Wireless, which he has a stake in.
Slingbox has reached its endpoint, with Sling Media announcing that all Slingbox products and services were discontinued on Nov. 9, and will permanently be taken offline on Nov. 9, 2022. Sling Media, a subsidiary of Dish, said the decision is being made to “make room for new innovative products so that we can continue to serve our customers in the best way possible.” This will not include any new Slingbox products.
Net income rose to $505 million, or 86 cents a share, from $353 million, or 66 cents a share. Revenue rose 42% to $4.53 million. At a time when everyone’s talking about cord cutting, Dish said it closed the quarter with 11.42 million pay-TV subscribers, up 116,000.
On Tuesday night, Dish and Cox Media agreed to their fourth temporary carriage pact this month, allowing 18 stations to continue in the satcaster’s lineup. (The 18 are owned by Apollo Global Management, an equity firm, but they are managed by Cox Media.)
Charlie Ergen’s dream of merging his Dish Network with AT&T’s DirecTV has been squashed by the Department of Justice — yet again. Regulators with the DOJ’s antitrust division recently informed executives of AT&T that a marriage between DirecTV and Dish would likely have to wait until faster 5G wireless service is more widely available in rural markets, two sources close to the situation said.
Dish and Cox Media, which is owned by Apollo Global Management, have agreed to a second seven-day temporary agreement, ensuring that 18 Cox-managed stations stay in the satcaster’s lineup for now.
Dish and Cox Media have dodged a blackout bullet for 18 stations for at least a week. The stations earlier this week posted notices on their websites saying Dish subscribers could lose their signals at 7 p.m. ET on Oct. 1. But a new notice posted late Thursday night says the deadline for a new carriage agreement has been moved one week.
Dish, which is already involved in seven separate carriage disputes, could lose 18 more stations in 10 markets this week due to yet another fee fight.
E.W. Scripps released this statement Sunday: “Scripps has reached an agreement with Dish, and all Scripps stations are back on the air for Dish subscribers. We apologize for the disruption in service our viewers experienced and thank them for their loyalty and patience through this period.”
Verizon Media is expanding its omnichannel programmatic platform today, announcing an advanced TV partnership with Dish Media in which Verizon Media’s demand-side platform (DSP) will provide automated access to Dish’s household addressable ad inventory. The deal enables advertisers to access traditional linear channels alongside pure-play CTV/OTT media, including Sling TV, driving meaningful connection and monetization […]
Scripps says Dish is not being honest in their carriage dispute, and further alleges the satcaster is not motivated to settle because it’s making a profit from the blackout. Dish has been without Scripps’ 60 local network affiliates in 42 markets since July 25 when the two companies could not agree on a new carriage pact. The satellite service claims that Scripps is asking for excessive fees to carry its signals, a 250% increase over the previous rate. But in a statement released Monday, Scripps says Dish is not agreeing to a new deal because it does not have to pay the broadcaster during the blackout.
Combining the two fading satellite TV operations isn’t a matter of if but only when, Dish Network Chairman Charlie Ergen says.
The station group and satellite TV provider have failed to reach a new carriage deal, so Dish subscribers in 42 markets have lost access to Scripps stations.
Dish subscribers have been blacked out from watching Cox Media Group stations in 10 markets due to a retransmission consent dispute. The stations had been enjoined from interfering with Dish’s ability to retransmit the signals under an agreement reached before Apollo Global Management last year, according to Dish. The case moved from state court in Illinois to federal court, which dissolved the restraining order Wednesday.