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Dish Network loses subscribers, revenues still up in 2014

Dish Network loses subscribers, revenues still up in 2014

US pay-TV provider Dish Network activated 2.601 million gross new subscribers in 2014, down from 2.666 million the prior year. Dish ended the year with a total 13.978 million pay-TV subscribers, down from 14.057 million at end-2013, after the company lost more subscribers than it added in 2014. The company said it suffered particularly in Q4 2014 and Q1 2015 from the loss of Fox channels, due to its dispute with 21st Century Fox over carriage fees. 

Pay-TV average monthly revenue per subscriber still increased to USD 83.77 last year from USD 80.37 in 2013. Average monthly subscriber churn increased slightly, to 1.59 percent from 1.58 percent. Dish also added 141,000 net broadband subscribers in 2014, bringing its total subscriber base to 577,000. 

Dish reported 2014 revenue of USD 14.6 billion, up 5.3 percent year-over-year. Net income increased 17.0 percent to USD 945 million, and diluted earnings per share reached USD 2.04, an increase from USD 1.76. 

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