Sling TV

Q4 2018 | Q3 2018

Sling TV Q4 2018 earnings (Feb. 13, 2019)

Dish Network has released its Q4 2018 and year-end earnings.

Here's what you need to know:

  • Sling TV now has some 2.417 million subscribers, up from 2.37 million at the close of the previous quarter.
  • That's still more than any other streaming service.
  • Sling added approximately 205,000 net subscribers for all of 2018, down from 711,000 in 2017.
  • Dish says that's mostly from increased competition, "and due to a higher number of customer disconnects on a larger Sling TV subscriber base."
  • And it blames that, at least in part, on "the impact from Univision and AT&T's removal of certain of their channels from our programming lineup."
  • Specifically, it points to AT&T removing HBO and Cinemax as an option for Sling customers in October 2018.
  • (AT&T, of course, owns DirecTV Now, which directly competes with Sling TV.)
  • Dish lost a total of approximately 920,000 net pay TV subscribers in 2018.

Sling TV Q3 2018 earnings (Nov. 11, 2018)

Dish Network — the parent company of Sling TV — today announced its third-quarter earnings. Here's what you need to know:

  • Sling added approximately 26,000 subscribers for July through October. (It added 41,000 subscribers in Q2, and 91,000 in Q1.)
  • That brings Sling up to some 2.37 million subscribers in total.
  • Total subscribers to Dish Networks' pay service — which includes its satellite service — fell from just under 13 million to 10.286 million total subscribers.
  • That's a loss of 341,000 pay subscribers in the third quarter.
  • Net pay-TV subscribers declined approximately 341,000 in the third quarter, compared with an increase of approximately 16,000 in the third quarter 2017.
  • That's more than a 2,000 percent increase in net losses year over year.
  • Dish's net income was $432 million for the third quarter 2018, up from $297 million during the same quarter in 2017.
  • Dish Network's 2018 year-to-date revenue totaled $10.31 billion, compared with $10.91 billion in revenue from the same period last year.

What's that mean for you as a subscriber? Not much, really, though Sling has (like other providers) implemented a price increase earlier this year.

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