Dish Loses 64,000 Net Pay TV Subscribers as Satellite Losses Outweigh Sling TV Gains
Dish Loses 64,000 Net Pay TV Subscribers as Satellite Losses Outweigh Sling TV Gains
The company, led by CEO Erik Carlson and chairman Charlie Ergen, reported its third-quarter results.
cross-posted from: https://feddit.ch/post/2138385
Rural internet connection is only going to get better so cutting the cord will be easier and better. And good riddance, Dish is a notoriously bad employer and they have been hoarding wireless spectrum while not using it.
They are also actively shitty to their customers from everything I've seen.
Yeah, I live in a rural area, and in the past few years my internet went from 3Mb/s DSL to 1000Mb/s fiber. Previously people on my road had to use Dish, but seems a lot of people are glad to drop it as soon as they get a good alternative option.
Net change of about 0.7% (64K on about 8.9M total between Sling and Dish) in a quarter. Far from their worst quarter, but the trend is bad for the company.
This is the best summary I could come up with:
Dish Network lost about 64,000 net pay TV subscribers in the third quarter, compared with a gain of 30,000 in the year-ago period and a decline of 294,000 in the second quarter of the year.
The company disclosed in a regulatory filing early on Monday that it added around 117,000 Sling TV subscribers in the latest quarter, ending September with 2.12 million Sling TV subs.
“The decrease in net Sling TV subscriber additions was primarily related to lower Sling TV subscriber activations and higher Sling TV subscriber disconnects in 2023,” the company, led by president and CEO W. Erik Carlson and chairman Charlie Ergen, said in a regulatory filing.
We continue to experience increased competition, including competition from other subscription video-on-demand and live-linear OTT service providers, many of which are providers of our content and offer football and other seasonal sports programming direct to subscribers on an a la carte basis.”
“This decrease in net Dish TV subscriber losses primarily resulted from lower Dish TV subscriber disconnects in 2023, partially offset by lower gross new Dish TV subscriber activations,” the company’s filing explained.
Dish’s stock dropped more than 8 percent in Monday pre-market trading.
The original article contains 296 words, the summary contains 192 words. Saved 35%. I'm a bot and I'm open source!
Corporations that squeeze their customers for all they're worth and then not offering anything new: Why are all our customers leaving? Maybe if we gave bigger bonuses to the executives and fired more low level employees...