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Dish Network Hits Q4 Targets, But Chairman Charlie Egen Concedes Wireless Transition Has “Taken Longer Than We Thought”
Dish Network, which is in the midst of a years-long shift from satellite pay-TV operator to wireless provider, met Wall Street expectations in the fourth quarter.
The company said revenue came in at $4.45 billion in the period ending December 31, down slightly from $4.56 billion in the year-earlier period. Earnings…
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By Dade Hayes
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0 Comments Comment on Dish Network Hits Q4 Targets, But Chairman Charlie Egen Concedes Wireless Transition Has “Taken Longer Than We Thought”
Tegna Stock Jumps On Report Of New Sale Talks As Station Group Seals Carriage Deal With Dish, Ending 4-Month Blackout
Shares in local TV station owner Tegna jumped more than 7% today after a report it is in advanced talks to sell itself to Standard General, one of its largest shareholders.
Private equity giant Apollo Global Management, a longtime investor in local TV, would provide financial backing in exchange for preferred shares…
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By Dade Hayes
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Dish And Sinclair Bury The Hatchet With New Carriage Deal For Local Stations, Tennis Channel — But No Update On Regional Sports Nets
Dish Network and Sinclair Broadcast Group, the No. 2 local TV owner in the U.S., have reached a carriage agreement keeping 144 stations in 86 markets on the air.
The deal also includes the Tennis Channel, with the network and the stations remaining on Dish TV satellite service and internet-delivered bundle Sling TV…
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By Dade Hayes
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Dish Chairman Charlie Ergen On Intensifying Sinclair Carriage Fight: “We’re Not Interested In Taxing Our Customers”
Ongoing carriage friction between Dish Network and Sinclair Broadcast Group could soon intensify, with Sinclair warning that 112 of its local TV stations could soon go dark on the pay-TV provider.
In a press release, Sinclair said the stations, which serve 38% of Dish’s 11 million satellite and streaming customers…
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By Dade Hayes
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HBO And Dish Network Resolve Nearly 3-Year Carriage Impasse, Firming Up New Deal Including Promo Discounts
HBO and Dish Network have resolved one of the most bitter distribution disputes in pay-TV history (and that’s saying something), agreeing to terms on a new carriage agreement.
The companies had reached an impasse in the fall of 2018, resulting in the first blackout ever experienced by HBO starting in November of that…
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By Dade Hayes
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Dish Network Agrees To Pay AT&T $5B In 10-Year Wireless Services Deal
Dish Network and AT&T are joining forces, though not, as some have predicted, in the pay-TV space.
Instead, Dish has agreed to pay AT&T $5 billion over a 10-year period to secure the telecom giant as its wireless network provider. After four decades focused on satellite TV services, Dish is pivoting to telecom after…
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By Dade Hayes
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Dish-DraftKings Sports Betting Pact Blitzes FuboTV Stock
A sports betting partnership between Dish Network and DraftKings has hammered the stock of upstart streaming bundle provider FuboTV.
Shares in Fubo, which have been on a wild ride in recent months but have risen more than 300% over the past year, were down 19% as the trading day reached the home stretch. The company…
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By Dade Hayes
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Discovery’s Self-Described “Experiments” In Streaming Could Affect Carriage Talks, Dish Chairman Charlie Ergen Warns
Discovery’s self-described “experiments” with programming on nascent streaming service Discovery+ are one reason why it has quickly reached almost 12 million direct-to-consumer subscribers.
The company released the streaming totals — of which Discovery+ makes up the bulk — as part of its fourth-quarter earnings…
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By Dade Hayes
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UPDATE: Dish Network Q4 Sales, Profit Beat Street; Lost 133,000 Pay TV Subscribers
UPDATED with exec comments from call: Satellite broadcaster Dish Network posted profit and revenue gains for last quarter, beating Wall Street estimates and seeing its stock pop more than 3% in early trade. It reversed course and closed down more than 4% as the market digested the massive challenge of the company’s…
Dish Network And Nexstar Resolve Carriage Impasse, Restoring Local Stations And WGN America
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 1AM ET on Friday, Christmas Day. In a press release, Nexstar said, “We…
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By Dade Hayes
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As Dish Dispute Continues, Nexstar’s WGN America Inks FuboTV Carriage Deal
Nexstar Media Group said its widely distributed cable network WGN America has reached its first carriage agreement with internet-delivered bundle FuboTV.
The multi-year deal comes as Nexstar, the No. 1 owner of local TV stations in the U.S., remains in a carriage dispute with Dish Network that boiled over last week…
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By Dade Hayes
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Nexstar Stations And WGN America Go Dark On Dish Network
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. In 2019, Nexstar became the largest owner of local stations in the U.S. when…
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By Dade Hayes
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