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Thread: Tivo hearing today?
- 10-06-2008 02:41 PM #111
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It's a bit less than the cost of a satellite I think.
Raising rates is going to be the least of E*'s problems. I suspect a fairly large loss of subscribers is coming up for this quarter. D* has added lots of HD locals and is on schedule for adding a bunch more before the end of the year (96 current and 25 more scheduled by year-end). There are several around me who switched when the HD locals became available. We aren't even on E*'s radar for HD locals and we're DMA 83. They're adding three other smaller IL DMAs by year-end as well: Peoria-Bloomington-Normal (116), Rockford (132) and Quad Cities (97). E* is in big trouble on that front. They'll probably also lose subs when the AT&T agreement expires in January. I just don't think that EA is going to help them very much in the short term.
- 10-06-2008 02:41 PM # ADS
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- 10-06-2008 02:50 PM #112
Did you read the statement ? Dish has had the money in an escrow account for years and they're not making that up. Read their annual reports too as they have been reporting this $100m that's been set aside for this specific settlement just in case. SEC regulations and good accounting practices dictate that they report it or account for it this way.
- 10-06-2008 02:53 PM #113
- 10-06-2008 03:29 PM #114
tivo must be saved, funny how their stock price is down more than five percent today after this "Huge" announcement. 100 mil just does not do much when you are losing subscribers left and right
- 10-06-2008 03:42 PM #115
- 10-06-2008 03:56 PM #116
In this case it is correct that they have the money in an escrow account, but I believe that was by order of the court. Neither the SEC nor accounting practices require that they actually set money aside, they would only require that the amount be accrued for when it became probable that they would be required to pay it.
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- 10-06-2008 04:06 PM #117
Who will be the next in line to sue Dish Network?
Will Dish go bankrupt?
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- 10-06-2008 04:14 PM #118
Nearly EVERYTHING is down in the markets today
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- 10-06-2008 04:17 PM #119
- 10-06-2008 04:37 PM #120It is by caffeine alone I set my mind in motion. It is by the beans of Java that the thoughts acquire speed the hands acquire shakes, the shakes serve as a warning. It is by caffeine alone I set my mind in motion.
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