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Broadcasting & Cable
Broadcasting & Cable
Business
Daniel Frankel

Dish Network Reports ‘Astonishingly Bad’ Q3

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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