Dish TV: Subscribers Dip, Revs Rise

Dish Network had a steeper decline in terms of video subscribers during the second-quarter 2015 versus earlier periods. But the stock market didn’t seem to mind.

With Dish reporting second-quarter 2015, and net pay TV subscribers declining 81,000 subscribers -- versus a fall of 44,000 in the second quarter 2015 -- Dish is now at 13.93 million subscribers versus 14.05 million.

Mid-day stock price of Dish Network grew 3.3% to $67.56.

In the first quarter of this year, Dish had a net addition 35,000 subscribers; in the fourth quarter 2014, there was a lost of 63,000; and third quarter witnessed a 12,000 decline.

Better news came from average money those video subscribers now pay per month to Dish -- rising 4.5% to $87.91. Even better news had Dish’s net income rising sharply -- 52% to $324 million. Revenue grew 4% to $3.83 billion.



New broadband subscribers have slowed to 4,000 in the second quarter -- compared to a gain of 36,000 in the second-quarter 2014. Total broadband subscribers are now at 595,000.

Dish Network says its new digital TV “skinny” package of channels, Sling TV, had 169,000 subscribers, as of March 31.

Total advertising for “subscriber acquisition” slowed a bit to $131.8 million from $134.3 million in the second quarter 2014.

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