Dish recorded its first-ever subscriber drop at Sling TV in the fourth quarter, but overall sub declines were less pronounced than in the year-ago period. More details:
Dish Network on Wednesday said it lost 194,000 net pay TV subscribers in the fourth quarter, compared with a loss of 334,000 in the year-ago period when carriage disputes with Univision, which has since been settled, and HBO hit results.
In the fourth quarter, Dish, led by chairman Charlie Ergen and CEO lost about 100,000 traditional pay TV subscribers, while in the fourth quarter of 2018, the company had lost 386,000. It also lost about 94,000 Sling TV subscribers in the final quarter of 2019, compared with a year-ago gain of 50,000.
"We lost approximately 336,000 net pay-TV subscribers during the year ended December 31," compared to a loss of approximately 920,000 in 2018, Dish said in a regulatory filing, citing "fewer net Dish TV subscriber losses, partially offset by fewer net Sling TV subscriber additions."
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