Hearst Removes Local Channels From Dish TV Customers; Has Forced A Channel Blackout On Dish TV Removing Customers' Access To 37 Local Channels In 27 Markets
Portfolio Pulse from Benzinga Newsdesk
Hearst has removed 37 local channels from Dish TV, affecting customers in 27 markets. This action has resulted in a channel blackout for Dish TV customers.
September 08, 2023 | 5:55 pm
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NEGATIVE IMPACT
Dish TV, a subsidiary of DISH Network Corporation, has lost 37 local channels due to a dispute with Hearst. This could negatively impact customer satisfaction and potentially lead to customer churn.
The removal of 37 local channels from Dish TV by Hearst could lead to customer dissatisfaction and potential churn. This could negatively impact DISH's revenues and stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
While not directly involved in the dispute, Comcast Corporation (CMCSA) could potentially benefit if dissatisfied Dish TV customers switch to their services.
As a competitor in the same market, Comcast could potentially gain customers who are dissatisfied with Dish TV's loss of local channels. This could positively impact CMCSA's revenues and stock price in the short term.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50