Echostar
Echostar swings to profit in Q2 as pay TV subscribers continue declining
Despite a drop in revenue, Dish saw a boost in its operating profit during the second quarter of the year; pay TV customers continued to cut the cord on Dish.
EARNINGS REPORT
Echostar CEO Hamid Akhavan resigns following Dish DBS bankruptcy
Echostar founder Charlie Ergen will inherit most of Akhavan's day-to-day tasks, the company told federal regulators. He will remain at the company as an advisor through the end of the year.
Dish Network parent files Chapter 11 bankruptcy, Dish Wireless to formally shut down
As part of the Chapter 11 process, Dish will formally shut down its Dish Wireless business unit; subsidiaries like Dish Network and Sling TV will operate as normal.
Dish Network, Sling TV parent company prepares bankruptcy filing
The bankruptcy could be announced as soon as Tuesday, according to a report; Dish DBS includes Dish Network, Sling TV and Boost Mobile.
DEVELOPING STORY
Sling TV launches “Essential” pack with ESPN, Disney Channel
The plan costs $20 per month and includes access to two ESPN network, the Disney Channel, MeTV and other networks.
Gray Media says stations dropped from Dish over unusual demand
The broadcaster claims Dish violated federal “good faith” negotiation requirements tied to retransmission consent agreements.
CARRIAGE DISPUTE
Dish Network forced to drop Gray Media local TV stations
The blackout affects viewers in major markets including Atlanta, Tampa, Phoenix and Cleveland.
Echostar weighing Paramount-WBD merger’s effects on Sling TV and Dish, CEO says
Both companies sell cable networks to Dish and Sling while expanding streaming offerings.
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Dish, Sling TV parent swings to steep financial loss during Q4
Echostar swung to a steep loss during Q4 primarily attributed to lower pay TV earnings and stronger competition on the broadband side of the business.
EARNINGS REPORT
Versant inks Free TV Networks distribution deal with Paramount, Sling
Two Versant-owned multicast networks are now on CBS-owned stations across the country, and a streaming channel is now offered by Sling Freestream.
AT&T rakes in $33.5 billion during Q4, stock pops on strong forecast
AT&T posted a strong Q4 earnings report driven by higher interest in its wireless and fiber broadband products.
EARNINGS REPORT
Echostar tells FCC it didn’t want to sell spectrum to AT&T, SpaceX
Executives said they abandoned plans to expand facilities-based wireless service over concerns the FCC could investigate or confiscate spectrum assets.
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