Can satellite TV broadcaster Dish Network reinvent itself like Netflix, the one-time DVD renter that became a streaming-video giant? Dish (DISH) founder and CEO Charlie Ergen was careful making comparisons on the satellite broadcaster’s Q1 earnings conference call Monday, but Ergen said he expects Dish’s fledgling Internet over-the-top video service Sling TV to one day provide significant revenue. “We’re excited about where it’s going to go,” he
For the first time ever, the U.S. pay-television industry lost customers in the traditionally strong first-quarter, highlighting the difficulties subscription-based TV providers face amid an Internet onslaught from Netflix (NFLX), Dish Network’s (DISH) Sling TV, Hulu and others, with Apple (AAPL) and others possible players down the road. Pay-TV lost a net 31,000 customers in Q1 and has an annual contraction rate of 0.5%, according to Craig
Dish Network (DISH) early Monday said it had a net loss of 134,000 subscribers in Q1, but earnings beat analyst views as contract disputes with content providers shaved programming costs. Dish said it earned 76 cents per share in Q1 as revenue rose 3.6% to $3.72 billion, missing estimates. Analysts had modeled EPS of 40 cents and revenue of $3.74 billion. While programming interruptions might have angered customers, Dish spent less on content than