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Daniel Frankel

Do the Collapse: Dish Becomes the Latest Major Pay TV Operator to Accelerate to Double-Digit Cord-Cutting Rate (Charts of the Day)

Bridge collapse

Dish Network has had enough of a challenge recently holding onto linear satellite TV customers. But throw in a costly cyberattack that kept it from responding to some customers for weeks, and subscriber growth got even worse in Q1.

Dish lost 318,000 satellite-TV customers in the first quarter and has seen its subscriber ranks decline at a rate of 11.2% since the end of March 2022. As the MoffettNathanson chart shows, Dish has lost more satellite TV customers in a quarter, but its loss rate has never been as high as 11.2%. 

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