Aug
06
Don’t Fear the Hopper: Dish Loses More TV Customers Than a Year Earlier
Posted in: Uncategorized
Dish Network and Charter Communications have posted second-quarter results hurt by video-subscriber losses and programming costs.
Dish Network, the third-largest pay-TV company by customers, and Charter, the eighth-biggest, both may look to combine with competitors as a way to gain leverage in negotiations with TV networks to carry their programming, according to Paul Sweeney, an analyst at Bloomberg Industries. Both companies reported second-quarter losses today.
“The logic seems to be that challenging subscriber trends only highlight the need for consolidation to drive down costs in a mature industry,” Mr. Sweeney said.
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