MCN Newswire: Dish Doubles Downward; HBO at a Loss; Google Fiber Does the San Antonio Stroll
Top Stories - August 6, 2015
Sub Losses Nearly Double at Dish Dish Network lost about 81,000 net subscribers in the second quarter, nearly twice the 44,000 it lost in the prior year, but a focus on higher-margin customers helped drive revenue and net income up by 3.9% and 52%, respectively. more
RELATED: Dish Mulls Throwing in Spectrum Towel Dish Network chairman and CEO Charlie Ergen appeared ready to throw in the towel concerning its wireless spectrum, telling analysts that in light of an expected regulatory order that would erase $3.3 billion in discounts won during the AWS-3 incentive auction, the satellite giant may be forced to sell or lease all of its wireless frequencies. more
HBO Now to Produce Losses for Rest of Year Time Warner Inc. expects HBO Now to be very profitable eventually, but says the streaming service will produce losses for the remainder of this year. more
RELATED: Time Warner Inc. Reports Higher Q2 Earnings Time Warner Inc. reported higher earnings as cost cuts at Turner Broadcasting boosted operating income, but profits were lower at HBO as it spent on marketing and technology to launch HBO Now. more
Google Fiber Heading to San Antonio Google Fiber confirmed Wednesday that it will bring its mix of gigabit broadband and TV services to San Antonio, noting that it will be "the largest fiber city to date." more