Dish Network LLC (Nasdaq: DISH) posted a third-quarter net loss of US$158.5 million on revenues of $3.52 billion, missing Bloomberg's projected profit of $251 million and revenues of $3.56 billion. Dish lost 19,000 net subscribers in the quarter, a bit better than the 36,000 loss anticipated by analysts. Dish was hit with $730 million in litigation-related expenses in the quarter, while subscriber acquisition costs rose 15 percent, to $453 million. Sanford C. Bernstein & Co. Inc. analyst Craig Moffett summed the situation up like this in a research note: "Third quarter results continue to point to a company whose core business is still struggling … badly."
Cheers in Boston (yes, this one) has hired Comcast to provide trunking and broadband services, including Wi-Fi access, for the iconic restaurant. The bulk of Comcast's growing business services division comes from businesses with less than 20 employees served by its HFC plant, while about 15 percent come from its line of Metro Ethernet services. (See Comcast Makes Hay With Metro Ethernet .)
Retransmission fees reaped by TV station owners could reach $5.5 billion by 2017 and eclipse $6 billion by 2018, well above the $2.36 billion expected in 2012, predicts SNL Kagan . By 2015, the firm expects an average retrans fee of 74 cents per TV station per month, still below the $6.37 per sub per month that MSOs are projected to pay for ESPN, $1.50 for TNT, or $1.49 for NFL Network.