Traditional Providers Losses, 3rd Quarter 2024 Edition

[Bruce]

Altice USA lost 77,000 Video Subscribers.

3rd Quarter is now at 644,000 lost.

Again, last year in the 3rd quarter, Net loss was 465,000.

We still have Dish , Hulu Live, YTTV to report, plus the estimated loss of DirecTV (500,000-1 Million because of ESPN/Disney dispute).

So unless Hulu Live and YTTV have major gains, this year loss might be, roughly, at least a million more then 3rd Quarter 2023.

Altice USA Sheds 77,000 Video Subscribers Amid Third Quarter Revenue Fall

The cable operator, led by Dennis Mathew, has introduced new digital TV packages to target cord-cutters and consumers shifting online.

www.hollywoodreporter.com

 

[Bruce]

Dish lost, roughly, 180,000 Satellite Subscribers , but thanks to Sling’s gains, had a net loss of 43,000.

That is not good news, they lose Satellite Subscribers paying $100-120 a month, traded it in for 145,000 new Sling subscribers paying $40 a month( or less because of the promo special they were running during this time period).

Total lost this quarter-613,000, roughly 150,000 more then 3rd Quarter last year, this is before Hulu Live numbers (Thursday) and the estimated numbers of YTTV and DirecTV.

EchoStar Posts Loss of Dish, Gain of Sling TV Subs in Third Quarter, Raises $5.2B in Fresh Capital

The telecom giant, led by CEO Hamid Akhavan and executive chairman Charlie Ergen, has agreed to be acquired by DirecTV to firm a new pay-TV giant.

www.hollywoodreporter.com

 

[b4pjoe]

Dish lost, roughly, roughly, 100,000 Satellite Subscribers , but thanks to Sling’s gains, had a net loss of 43,000.

That is not good news, they lose Satellite Subscribers paying $100-120 a month, traded it in for 145,000 new Sling subscribers paying $40 a month( or less because of the promo special they were running during this time period).

Total lost this quarter-613,000, roughly 150,000 more then 3rd Quarter last year, this is before Hulu Live numbers (Thursday) and the estimated numbers of YTTV and DirecTV.

EchoStar Posts Loss of Dish, Gain of Sling TV Subs in Third Quarter, Raises $5.2B in Fresh Capital

The telecom giant, led by CEO Hamid Akhavan and executive chairman Charlie Ergen, has agreed to be acquired by DirecTV to firm a new pay-TV giant.

www.hollywoodreporter.com

I wonder how many of those 145,000 new Sling subscribers were DIRECTV customers subscribing to the deals they were promoting during the Disney dispute just to get ESPN and that have by now already dropped the service?

 

[Bruce]

I wonder how many of those 145,000 new Sling subscribers were DIRECTV customers subscribing to the deals they were promoting during the Disney dispute just to get ESPN and that have by now already dropped the service?

We will find out in the 4th quarter, but I believe the majority of them.