November 6, 2020
Dish Network Nov. 6 said it added 203,000 Sling TV subscribers during the three months ended Sept. 30, down 5.2% from the addition of 214,000 subs during the same period in 2019. This decrease in sub additions was primarily related to lower Sling TV activations, increased competition, including competition from other SVOD and live-linear OTT service providers, and delays and cancellations of sporting events as a result of COVID-19.
Dish ended the quarter with 2.46 million Sling TV subs, which is down 8.6% from 2.69 million subs a year ago.
At the same time, Dish lost 87,000 legacy pay-TV subscribers, 32% more than a sub loss of 66,000 last year. This increase in subscriber losses primarily resulted from lower Dish subscriber activations, partially offset by a lower churn rate.
The Colorado-based satellite TV operator ended the period with just 8.96 million pay-TV subs, down almost 6% from 9.49 million subs the same time last year.