EchoStar loses 366,000 pay-TV subscribers in Q1
EchoStar reported a net loss of 366,000 pay-TV subscribers, including Sling TV, during the first quarter. This marks an acceleration of subscriber losses compared to the previous quarter.
Key Takeaways
- EchoStar lost 366,000 pay-TV subscribers in Q1.
- The loss included Sling TV, EchoStar’s virtual pay-TV service.
- Subscriber losses accelerated versus the previous quarter.
- The report covers EchoStar’s Dish satellite pay-TV business and Sling TV.
Why It Matters
EchoStar’s Q1 results show the pay-TV base shrinking faster, with the 366,000-subscriber loss including Sling TV. That matters because Sling TV sits inside the same company as Dish satellite pay-TV, so both parts of the portfolio are moving in the same direction. For streaming readers, the key signal is whether EchoStar can slow the pace of losses in the next quarter, since this report says the decline accelerated versus Q4.
Read full article at mediaplaynews.com
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