UPDATE: So how is EPIX doing? Remember, the issue is not how many homes have access to the pay TV service, but how many homes have actually signed up for it. We may know in the next few days when Viacom and Lionsgate report earnings. Now, MGM is a private company and doesn’t have to report numbers. It’s widely known that the movie studio teetering on the brink of bankruptcy has stopped contributing its share of start-up costs to the channel. But Viacom and Lionsgate are public, and the bet is analysts are going to ask about the sign-up numbers when the two companies report their numbers in the next few days. As one film financing source said to me today, “Let’s see if either of them has the guts to answer the question.”
As of today, the pay TV channel jointly backed by Viacom, Paramount, Lionsgate, and MGM is in business with Charter Communications, Cox Communications, and Mediacom Communications. EPIX originally signed a deal with Verizon FIOS and is still said to be close to a deal with satellite provider Dish Network.