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Broadcasting & Cable
Broadcasting & Cable
Business
Daniel Frankel

EXPLAINED: Dish network reports astonishingly bad q3 | Vintage Vibes

Dish Network.

Dish Network reported Monday what was in the words of equity analyst Craig Moffett, an "astonishingly bad" third quarter, losing $139 million in the three-month period on increased EBITDA losses in wireless and accelerated cord-cutting in pay TV. 

Oh, and another member from the senior management team stepped down — President and CEO Erik Carlson. (Dish tried to minimize the relevance of the departure by the 28-year company veteran.)

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