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February 19, 2020 08:46 pm

Dish Network floats merger with DirecTV over pace of cord-cutting


Dish CES 2013 stock 1020

Dish CES 2013 stock 1020

The two biggest satellite TV providers — Dish Network and DirecTV — may be looking to merge, according to Dish chairman Charlie Ergen, who called a potential merger with its biggest satellite rival “inevitable” on the company’s Q4 earnings call, according to The Hollywood Reporter.


The news comes as Dish reports that in Q4 2019 it lost 100,000 satellite TV subscribers, along with roughly 94,000 Sling TV subscribers — the first time Sling TV’s subscribers have ever gone down. The drop in satellite customers isn’t nearly as bad as Dish reported a year ago, when it lost 386,000 subscribers, but it’s certainly not a good trend to see. All told, Dish lost a net total of 511,000 subscribers in 2019, compared to a loss of about 1.13 million in...



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Original Link: https://www.theverge.com/2020/2/19/21144345/dish-network-merger-directv-streaming-services-subscribers-q4-2019

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