Dish Network (Stock: Dish) reported a net loss of 334,000 pay TV subscribers (compared to net additions of 39,000 one year ago), which factors out to 386,000 satellite subscribers lost and 52,000 new Sling TV subscribers. The company finished out the quarter with 12.32 million total pay TV subscribers, including 9.90 million Dish TV subscribers and 2.42 million Sling TV subscribers.
One of the key takeaways is Dish lost traditional satellite customers but picked up additional Sling TV customers. These are IPTV type customers. If your network isn’t supporting video, it needs to.