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DISH Network reports fourth quarter, year-end 2021 financial results
February 24, 2022ENGLEWOOD, Colo., Feb. 24, 2022 /PRNewswire/ -- DISH Network Corporation (NASDAQ: DISH) reported revenue totaling $4.45 billion for the quarter ending December 31, 2021, compared to $4.56 billion for the corresponding period in 2020.
Net income attributable to DISH Network totaled $552 million for the fourth quarter 2021, compared to $733 million from the year-ago quarter. Diluted earnings per share were $0.87 for the fourth quarter, compared to $1.24 per share during the same period in 2020.
Pay-TV
Net pay-TV subscribers decreased approximately 273,000 in the fourth quarter, compared to a decrease of approximately 133,000 in the year-ago quarter.
The company closed the quarter with 10.71 million pay-TV subscribers, including 8.22 million DISH TV subscribers and 2.49 million SLING TV subscribers.
Wireless
Retail wireless net subscribers decreased by approximately 245,000 in the fourth quarter, compared to a net decrease of 363,000 in the year-ago quarter.
The company closed the quarter with 8.55 million retail wireless subscribers.
Full-Year 2021 Review
For the year, DISH reported 2021 total revenue of $17.88 billion, compared to $15.49 billion in 2020.
Net income attributable to DISH Network in 2021 was $2.41 billion, compared to $1.76 billion in 2020. Diluted earnings per share were $3.79 in 2021, compared to $3.02 in 2020.
For additional detail on quarterly metrics, please refer to the attached table.
Detailed financial data and other information are available in DISH Network's Form 10-K for the year ending December 31, 2021, filed today with the Securities and Exchange Commission. DISH Network will host its fourth quarter and year-end 2021 financial results conference call today at noon ET.
Participant conference numbers: (800) 289-0720 (U.S.) and (323) 701-0160; Conference ID: 9002646.
A live webcast will be available on DISH's Investor Relations website at http://ir.dish.com during the call. A webcast replay will also be available for 48 hours after the call.
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4807 views
Charlie make some comments on today's report, these two have the most to do with Sat.TV-
Ergen reiterated his view that a merger between DIsh and DirecTV — which is now a stand-alone entity owned by AT&T and private equity firm TPG — is "inevitable." If a combination is not allowed by regulators, he said, "both companies will just melt away and customers will be left without service."
This one I believe he should of not said anything-
As far as dealings with programmers overall, he said costs are going "down, not up" because of ongoing declines in ratings amid an industry reorientation toward streaming. Ergen cautioned that pay-TV operators should be mindful of keeping a lid on prices given the uncertain environment. The traditional bundle will "die a death on its own if people try to overcharge for their product … We've seen that from operators who didn't sense where things were going and at some point they self-destruct."
So Dish's costs are going down, yet 2 price increases last year and profits way up.
More comments at the link about 5G
deadline.com
Ergen reiterated his view that a merger between DIsh and DirecTV — which is now a stand-alone entity owned by AT&T and private equity firm TPG — is "inevitable." If a combination is not allowed by regulators, he said, "both companies will just melt away and customers will be left without service."
This one I believe he should of not said anything-
As far as dealings with programmers overall, he said costs are going "down, not up" because of ongoing declines in ratings amid an industry reorientation toward streaming. Ergen cautioned that pay-TV operators should be mindful of keeping a lid on prices given the uncertain environment. The traditional bundle will "die a death on its own if people try to overcharge for their product … We've seen that from operators who didn't sense where things were going and at some point they self-destruct."
So Dish's costs are going down, yet 2 price increases last year and profits way up.
More comments at the link about 5G
Dish Network Hits Q4 Targets, But Chairman Charlie Egen Concedes Wireless Transition Has “Taken Longer Than We Thought”
Dish Network, which is transitioning from satellite pay-TV operator to wireless provider, matched Wall Street's fourth-quarter forecasts.
deadline.com
Charlie make some comments on today's report, these two have the most to do with Sat.TV-
Ergen reiterated his view that a merger between DIsh and DirecTV — which is now a stand-alone entity owned by AT&T and private equity firm TPG — is "inevitable." If a combination is not allowed by regulators, he said, "both companies will just melt away and customers will be left without service."
This one I believe he should of not said anything-
As far as dealings with programmers overall, he said costs are going "down, not up" because of ongoing declines in ratings amid an industry reorientation toward streaming. Ergen cautioned that pay-TV operators should be mindful of keeping a lid on prices given the uncertain environment. The traditional bundle will "die a death on its own if people try to overcharge for their product … We've seen that from operators who didn't sense where things were going and at some point they self-destruct."
So Dish's costs are going down, yet 2 price increases last year and profits way up.
More comments at the link about 5G
Dish Network Hits Q4 Targets, But Chairman Charlie Egen Concedes Wireless Transition Has “Taken Longer Than We Thought”
Dish Network, which is transitioning from satellite pay-TV operator to wireless provider, matched Wall Street's fourth-quarter forecasts.
My read of the full article suggests that Charlie is talking abut the programmers costs going down, not Dish's, and programmers need to "keep a lid on prices..."
D
Ergen was talking about the Linear TV landscape and programming produced for it, and its costs going DOWN but the media companies are NOT lowering their rates to MVPD's like DBS and Cable nor the vMVPD's like Sling or YouTube TV who pay never-ending price increases to acquire the programming, and those never ending price increases for rights to air that programming have to be passed along to the subscribers.
Ergen is such a fast thinker that I've noticed he often isn't the most articulate in that words can come from him in fast fits and bits, and one has to often re-read his statements on these quarterlies, but what Ergen said could be restated as this:
"The media companies are spending LESS to produce programming that our customers see on Dish. This lower cost of production is the result of lower ratings caused by huge numbers of people watching significant amounts of content on streaming services. Yet, while the media companies costs go DOWN to produce programming we provide here on Dish, those same media companies will NOT reduce the rates they charge us in the MVPD business so that we can pass those lower costs on to our customers in the form of lower prices to our subscribers . So, if these companies continue to INCREASE our cost to acquire their content while they LOWER their costs to produce it, we in the linear MVPD business will eventually just go out of business no longer providing a stream of INCOME for those media companies. So, the best thing the media companies can do is match their lower productions costs to LOWER costs to us to air that programming so that we can lower our rates to our subscribers and be in a better position to KEEP subscribers instead of driving them away with price increases every year and the studios keep the stream of income we pay them alive. It is in everyone's interest to pass along any cost savings to the subscribers of MVPD services like Dish at this time."
Now, I would suggest that, if the media companies were to lower its fees it charges MVPD's, Dish and other MVPD's might choose to no longer raise prices for the current subscription levels rather then lower them. However, Dish could create a NEW package of channels at a lower or better value that include channels that are LOWER in cost to Dish to acquire, and that may be sufficiently appealing to subscriber to at least SLOW down the loss of subscribers now occurring with final sake out not being as bad as it otherwise would be. Of course, this along with a Dish/DTV merger could see the combined company not the size either was, but doing a pretty good business that could keep millions of subs in the long run that could be a good, smaller, sustainable business, and even a preferred option for millions of people.
It, the new merged service, could even be marketed as a "premium" service/company, much like how Apple has hypnotized people to OVERPAY for their expensive walled-in garden $30 cables that cost 45 cents to make and even less to ship from China and made by quasi-slave labor (or even real slave labor), and has made Apple a huge success in the USA (not so stupid affluent people in the rest of the world) with that branding and quality that, IMHO, can be matched, and even bettered in some ways, by Android. Then again, snobs can't carry their Cable/Sat vMVPD (Sling/YouTube TV) around to show off to everyone
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Lower ratings means the studios will spend LESS money to PRODUCE programming because that programming is NOT making as much money as before. It is a rule that the studios ALWAYS cut costs when show slumps in ratings. Simple system to understand. Lower ratings occur because people are not viewing linear TV with it NUMEROUS ads, but are watching A LOT of streaming content with Netflix commercial free and Hulu and other streaming services offering commercial free tiers of subscription.
Ergen was talking about the Linear TV landscape and programming produced for it, and its costs going DOWN but the media companies are NOT lowering their rates to MVPD's like DBS and Cable nor the vMVPD's like Sling or YouTube TV who pay never-ending price increases to acquire the programming, and those never ending price increases for rights to air that programming have to be passed along to the subscribers.
Ergen is such a fast thinker that I've noticed he often isn't the most articulate in that words can come from him in fast fits and bits, and one has to often re-read his statements on these quarterlies, but what Ergen said could be restated as this:
"The media companies are spending LESS to produce programming that our customers see on Dish. This lower cost of production is the result of lower ratings caused by huge numbers of people watching significant amounts of content on streaming services. Yet, while the media companies costs go DOWN to produce programming we provide here on Dish, those same media companies will NOT reduce the rates they charge us in the MVPD business so that we can pass those lower costs on to our customers in the form of lower prices to our subscribers . So, if these companies continue to INCREASE our cost to acquire their content while they LOWER their costs to produce it, we in the linear MVPD business will eventually just go out of business no longer providing a stream of INCOME for those media companies. So, the best thing the media companies can do is match their lower productions costs to LOWER costs to us to air that programming so that we can lower our rates to our subscribers and be in a better position to KEEP subscribers instead of driving them away with price increases every year and the studios keep the stream of income we pay them alive. It is in everyone's interest to pass along any cost savings to the subscribers of MVPD services like Dish at this time."
Now, I would suggest that, if the media companies were to lower its fees it charges MVPD's, Dish and other MVPD's might choose to no longer raise prices for the current subscription levels rather then lower them. However, Dish could create a NEW package of channels at a lower or better value that include channels that are LOWER in cost to Dish to acquire, and that may be sufficiently appealing to subscriber to at least SLOW down the loss of subscribers now occurring with final sake out not being as bad as it otherwise would be. Of course, this along with a Dish/DTV merger could see the combined company not the size either was, but doing a pretty good business that could keep millions of subs in the long run that could be a good, smaller, sustainable business, and even a preferred option for millions of people.
It, the new merged service, could even be marketed as a "premium" service/company, much like how Apple has hypnotized people to OVERPAY for their expensive walled-in garden $30 cables that cost 45 cents to make and even less to ship from China and made by quasi-slave labor (or even real slave labor), and has made Apple a huge success in the USA (not so stupid affluent people in the rest of the world) with that branding and quality that, IMHO, can be matched, and even bettered in some ways, by Android. Then again, snobs can't carry their Cable/Sat vMVPD (Sling/YouTube TV) around to show off to everyone
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Lifetime Supporter
I know HipKat said that they were working on conversions but we got the official news yesterday right from Dish that starting next month all DMA's will be on the western arc, and all customers will be assigned to that. That's gonna mean a lot of customers around here aren't gonna get Dish unless there are exceptions. Too many mountains and trees.
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Unfortunately, I don't think my social proximity to Charle Ergen provides any special perks. Maybe if Foxbat, Jr. were to marry his daughter…have charlie buy you a new house
S
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that would be one hell of a convoUnfortunately, I don't think my social proximity to Charle Ergen provides any special perks. Maybe if Foxbat, Jr. were to marry his daughter…
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The title was to catch everyone's eye lol! But it is a thought I've been having as I dev a Roku app for a client. You see many MAAANY years ago I got really interested in cable TV channels and even chatted with a regional carrier, Insight about what it took to get a channel number. It was surprisingly easy although prohibitively expensive.
You could petition, reserve a high channel number, they monitored performance and if they liked you, you'd get lower channel number overtime and cut into ad overlays.
Roku has a similar setup. Make an app, if it has a strong, original linear component you could get channel assignment on The Roku Channel.
As mixed as my feelings are on the current media landscape, I can't help but feel a little excited interest when I scope out the apps in the Roku store.
You could petition, reserve a high channel number, they monitored performance and if they liked you, you'd get lower channel number overtime and cut into ad overlays.
Roku has a similar setup. Make an app, if it has a strong, original linear component you could get channel assignment on The Roku Channel.
As mixed as my feelings are on the current media landscape, I can't help but feel a little excited interest when I scope out the apps in the Roku store.
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Season 2 order already in hand:
'Star Trek: Starfleet Academy' Renewed for Season 2, Tatiana Maslany to Guest Star in Season 1
I've not been optimistic about this show based on what I've read so far. Seems to be aimed at a younger audience. Interesting though that Tatiana Maslany will have some sort of role.
'Star Trek: Starfleet Academy' Renewed for Season 2, Tatiana Maslany to Guest Star in Season 1
I've not been optimistic about this show based on what I've read so far. Seems to be aimed at a younger audience. Interesting though that Tatiana Maslany will have some sort of role.
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Why are ViP922s So rare? like its crazy how ebay has none, i checked everywhere, also, i got a ViP222k now, which is actually activated!
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1110 views
I remember this in the news too...
www.nbcnews.com
$14,000 spent on rented rotary phone
A widow rented a rotary dial telephone for 42 years, paying what her family calculates as more than $14,000 for a now- outdated phone.
www.nbcnews.com
That is a misnomer. In the old days you subscribed to telephone service. That included the telephone line and one telephone. An extension cost $1 a month extra. So that $14,000 over 42 years was for the service not the leased telephone. There is no way they paid $28 a month for 42 years for a leased telephone.I remember this in the news too...
$14,000 spent on rented rotary phone
A widow rented a rotary dial telephone for 42 years, paying what her family calculates as more than $14,000 for a now- outdated phone.
S
me either. sometimes it seems like things disappear when they start changing sh*t around
Staff member
HERE TO HELP YOU!
So...DirecTV advertises the Choice package with 95+ bonus channels for Satellite customers. You don't want 90+ of the 95...
Excluding PPV, premium networks, infomercial, shopping, religion, and non-English programming, there are 7 channels on satellite that are not on streaming:
NFL Network, MavTV, FE TV, Free Speech, NASA, INSP, and Pursuit. I'm pretty sure a couple of those are public interest that they have to carry to meet an FCC quota on satellite.
I hope they get called out for this advertising because that is ridiculous. One big network, NFL, will probably get added to streaming when their next agreement comes up, and the rest are likely very low viewership.
What about streaming, what do you get extra with the Choice package that isn't on Satellite:
Two stations - one of which is an internet TV - Fox Weather, and Heros & Icons (a diginet). Nothing special here to look at either.
If they cleaned up a couple of their agreements, added a few public interest stations to streaming, they could probably have their lineups match. It's close now, if you take out all the garbage on satellite that they earn money on. If they can sell infomercials on satellite, why can't they on streaming, seems like a miss. A bigger miss, including those stations in the "bonus channels just for satellite customers." Pretty sad marketing right there.
Attached is a comparison sheet of satellite vs streaming for the three main packages if anyone is interested.
MOD EDIT: See Post #3 for an up to date list of what channels are available on sat but not on streaming/internet, see Post #21 for an up to date list of what's available in the app for streaming customers, but not for sat customers.
Excluding PPV, premium networks, infomercial, shopping, religion, and non-English programming, there are 7 channels on satellite that are not on streaming:
NFL Network, MavTV, FE TV, Free Speech, NASA, INSP, and Pursuit. I'm pretty sure a couple of those are public interest that they have to carry to meet an FCC quota on satellite.
I hope they get called out for this advertising because that is ridiculous. One big network, NFL, will probably get added to streaming when their next agreement comes up, and the rest are likely very low viewership.
What about streaming, what do you get extra with the Choice package that isn't on Satellite:
Two stations - one of which is an internet TV - Fox Weather, and Heros & Icons (a diginet). Nothing special here to look at either.
If they cleaned up a couple of their agreements, added a few public interest stations to streaming, they could probably have their lineups match. It's close now, if you take out all the garbage on satellite that they earn money on. If they can sell infomercials on satellite, why can't they on streaming, seems like a miss. A bigger miss, including those stations in the "bonus channels just for satellite customers." Pretty sad marketing right there.
Attached is a comparison sheet of satellite vs streaming for the three main packages if anyone is interested.
MOD EDIT: See Post #3 for an up to date list of what channels are available on sat but not on streaming/internet, see Post #21 for an up to date list of what's available in the app for streaming customers, but not for sat customers.
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Supporting Founder
Pub Member / Supporter
Apple Fall Hardware Event takes place today, September 9, 2026, at 10:00 a.m. PT / 1:00 p.m. ET. It marks the debut of new CEO John Ternus and the expected reveal of Apple's first foldable phone.
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. can we say over priced garbage!!!
Lifetime Supporter
Schedule drops tomorrow. Mandatory mini camps in June. Hall of Fame game August 6th.
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2321 views
TWiT Tech Podcast Network
Time for another AWESOME video from the TWIT Network!
View: https://www.youtube.com/watch?v=lHoCBzfrdmQ
Direct YouTube Link - This Week in Tech 1107
TWIT's Website
TWIT Live Feed
View: https://www.youtube.com/watch?v=lHoCBzfrdmQ
Direct YouTube Link - This Week in Tech 1107
TWIT's Website
TWIT Live Feed
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10 views
TWiT Tech Podcast Network
Time for another AWESOME video from the TWIT Network!
View: https://www.youtube.com/watch?v=sYRNrj5MQzw
Direct YouTube Link - This Week in Tech 1107
TWIT's Website
TWIT Live Feed
View: https://www.youtube.com/watch?v=sYRNrj5MQzw
Direct YouTube Link - This Week in Tech 1107
TWIT's Website
TWIT Live Feed
0 Replies
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20 views
TWiT Tech Podcast Network
Time for another AWESOME video from the TWIT Network!
View: https://www.youtube.com/watch?v=41qc5p2NdN4
Direct YouTube Link - This Week in Tech 1107
TWIT's Website
TWIT Live Feed
View: https://www.youtube.com/watch?v=41qc5p2NdN4
Direct YouTube Link - This Week in Tech 1107
TWIT's Website
TWIT Live Feed
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4 views