DISH Network revenue, net income drop

DISHDISH Network has posted Q2 revenue of $3.64 billion compared to $3.86 billion and net income of $40 million against net income of $424 million.

DISH’s net income for the second quarter was negatively impacted by litigation expenses, net of related taxes, of $280 million.

DISH activated 444,000 gross new Pay-TV subscribers, compared to approximately 527,000 gross new Pay-TV subscribers in the prior year’s second quarter. Net Pay-TV subscribers declined approximately 196,000 in the second quarter, compared to a decline of 281,000 in the second quarter 2016.

The company closed the second quarter with 13.332 million Pay-TV subscribers, compared to 13.593 million Pay-TV subscribers at the end of second quarter 2016.

Pay-TV ARPU for the second quarter totaled $87.25, compared to the year-ago period’s Pay-TV ARPU of $89.98. Pay-TV subscriber churn rate was 1.59 percent versus 1.96 percent for second quarter 2016.

Latest

More like this
Related

The evolution of broadcasting: how technology is changing the media industry

Similarly to many other industries, the broadcasting landscape has...

What’s powering Spotify’s record-breaking subscriber growth?

Spotify Technology has reported its first annual profit, marking...

Netflix reveals content strategies, revenue target for 2025

Netflix has achieved significant milestones in 2024, setting the...

Optimum asks MSG Networks to refund customers $125 mn

Optimum has called on MSG Networks to refund customers...