I am just calling things as I see them. No more no less.
BTW there hasn't been anything interesting said in awhile.
BTW there hasn't been anything interesting said in awhile.
Drop in the bucket...perhaps, but Charlie's boat is the only one taking on water these days...or should I say, "these past three-quarters of a year." With FiOS taking on 110K new subscribers each month, D* adding about 100K, U-Verse adding almost 90K, and E* losing their resale agreement with AT&T...Dish Network has better do something to plug-up the holes or the ship will eventually start sinking. Raising the rates, introducing confusing programming packs, and yanking channles in an attempt to fool people into believing they are getting a better value with Dish Network just isn't working.102,000 is really a drop in the bucket when you think of it: foreclosures have caused people to move, economy has caused people to cut back, fios has been expanding, directtv has some great 1 year promos, etc.
The bottom line is such: some people left to get a better deal for 12 months and save money or just gave up on all cable and/or satellite services in lieu of Netflix, the PC, etc.
AMEN . . . hey Charlie, pay SatelliteGuys for technical support considering their problem solving is probably around 90% successful (10% require house calls) and 100% in understandable language!
Nice article! Additionally, I was actually thinking Dish Network would lose more than 120K during the 4th quarter, but I stuck at 70K since 100K seemed like an impossible number. Anyway, people also have to remember this number was as of 31 December 2008. Here it is March 2nd and, by every indication I have seen, FiOS and U-Verse continue to add healthy numbers, the economy has only grown worse. Additionally, I still see long-time E* subscribers bailing on Dish Network after the yearly rate increase, even more confusing programming options, and more yanking of channels in everyone's best interested to hold down costs. I think it is fair to say that Dish Network has shed at least another 60K from Jan 1st until today.BTW you guys should read what I wrote in MultiChannel back on Friday...
Monday Should Be Interesting | The Satellite Dish | Blog on Multichannel News - 11357
I agree, but it should be interesting to see if E* posts a third straight quarter where they lost subscribers. With the loss of their resale agree with A&T, Verizon adding more than 100K FiOS TV subscribers per month during 4th quarter and AT&T adding more than 60K U-Verse subscribers per month, I get the feeling Dish Network will post losing more than 70K customers during the 4th quarter. While the economy is terrible shape, DirecTV appears to be moving forward while Dish Network is stuck in reverse. I cannot see how their confusing pricing and packaging can possibly put them back on the track.
The reason why their net income was up was due to the fact that they had to add fewer customers to contribute to the subscriber loss. If they added fewer customers then they did not have the costs involved with signing up new customers. This is good short-term, bad long-term. Eventually it will go the other way if they keep losing subscribers.
Another thing to consider is that Dish Network has been canning a lot of retailers lately that they state have committed fraud. I am sure this has contributed to fewer subscriber additions but also helped save the company money not having to pay full commissions acquring the same subscriber twice.
I wouldn't blame you for leaving but I wouldn't place all the blame on E*. Fisher started the battle by filing suit against E* for backpayment of carriage fees for a station they didn't even own until recently and was a must carry Univision station if memory serves. Just because Fisher says they are willing to separate the two issues, doesn't mean it is in E*'s interest to do so. I don't know all the particulars but I'll bet Fisher isn't telling the whole story. They are trying to rev up discontent against E* for their own advantage.
I am going to be adding to that number too ...
... the man at the top is a grumpy, revengeful man. It is his attitude and deception that is pushing me out.
+1. I understand it suck to lose ABC, but it seems Fisher is the greedier party. Most of the others have been resolved. I think Fish was the one that wanted $0.60/sub/month, and, as pointed out, wants back payment for a must-carry station they purchased.
According to Fisher they've agreed to all of the Dish pricing demands. The ONLY issue out there is the suit for alleged back payments for the purchased stations. That has nothing to do with me or any other viewer of ABC programming in the Fisher markets. Why does this have to be all tied up for all of us viewers while these two battle this out? Let the back compensation issue go it's course, restore the channels for the viewers. Whomever is right on this will resolve itself in time. But holding me hostage for a channel that is not even in my market is ridiculous.
One note I find interesting is that Fisher management is accessible and the issues can be discussed. Dish Network on the other hand puts up so many barriers to even discussing the issue with senior management is just ridiculous. They've run the same Charlie Chat from December probably 3,600 times now. Not saying Fisher is right or wrong, but at least they talk to us. Charlie screens the Charlie Chat calls and ceo@dishnetwork.com is screened as well. No one, but no one talks to senior management.
Again, Dish is losing subscribers because of its arrogance.
According to Fisher they've agreed to all of the Dish pricing demands. The ONLY issue out there is the suit for alleged back payments for the purchased stations. That has nothing to do with me or any other viewer of ABC programming in the Fisher markets. Why does this have to be all tied up for all of us viewers while these two battle this out? Let the back compensation issue go it's course, restore the channels for the viewers. Whomever is right on this will resolve itself in time. But holding me hostage for a channel that is not even in my market is ridiculous.
One note I find interesting is that Fisher management is accessible and the issues can be discussed. Dish Network on the other hand puts up so many barriers to even discussing the issue with senior management is just ridiculous. They've run the same Charlie Chat from December probably 3,600 times now. Not saying Fisher is right or wrong, but at least they talk to us. Charlie screens the Charlie Chat calls and ceo@dishnetwork.com is screened as well. No one, but no one talks to senior management.
Again, Dish is losing subscribers because of its arrogance.
No I believe he said they have about a million AT&T customers.I don't know if this was talked about, Charlie said they lost about one million ATT subs in Q4, if true then the net loss can almost be attributed to that.
A few things to note:
1. Dish is profitable, Echostar is not. The "profits" are not really there. Sats did have a few one time write offs totaling about $650m. Charlie is just moving money from one pocket to the other.
2. 102k is not really a meaningful number. What segment of customers made up that number. Were they all minimum subs or are they losing the big subs? 102k subs that were late payers and unprofitable would be a good thing to get rid of, 102k of AEP+HD+ subs would not be good.
3. Dish is losing customers while other companies are gaining them. It is not just the economy, Dish is losing its competative edge.
The reason why their net income was up was due to the fact that they had to add fewer customers to contribute to the subscriber loss. If they added fewer customers then they did not have the costs involved with signing up new customers. This is good short-term, bad long-term. Eventually it will go the other way if they keep losing subscribers.
Another thing to consider is that Dish Network has been canning a lot of retailers lately that they state have committed fraud. I am sure this has contributed to fewer subscriber additions but also helped save the company money not having to pay full commissions acquring the same subscriber twice.