Directv Q3 2012 earnings

[CK SatGuy]

Despite the Viacom Dispute, Directv still made an operating profit of $565 million and added a net gain of 67,000 subscribers.
http://investor.directv.com/releasedetail.cfm?ReleaseID=718849
http://www.businessweek.com/ap/2012-11-06/directv-misses-street-3q-expectations

 

[jcrandall]

That viacom dispute didn't hurt as bad as I would have thought:

Average monthly subscriber churn increased to 1.74 percent from 1.62 percent driven by a contract dispute with a large programmer that resulted in the removal of several channels for nine days in the third quarter.

This is why the stock is down, US subscriber growth vs LY:

The company's DIRECTV U.S. segment added 67,000 new subscribers in the quarter, significantly down from 327,000 additions in the comparable period of last year due to lower gross subscriber additions.

 

[gadgtfreek]

At least they added subs, look at the cable co reports.

 

[cave1376]

I wonder how many of those subs came over from Dish when they had the dispute with AMC.

 

[whitewolf8214]

I wonder how many of those subs came over from Dish when they had the dispute with AMC.

Same here

 

[whitewolf8214]

At least they added subs, look at the cable co reports.

Cabel companies are ding bad

 

[gadgtfreek]

Yes they are. The 3 I saw were around 100k lost.

 

[cave1376]

WOW, 19.98 million U.S. subs. 20 million by the end of the year????

 

[whitewolf8214]

WOW, 19.98 million U.S. subs. 20 million by the end of the year????

I bet they will get to or over 20 million or very close