Dish Network will likely reach a settlement with AMC in...
Dish Network will likely reach a settlement with AMC in AMC’s case against it for dropping Voom HD, Evercore analysts said in a research note. The DBS company’s strategy “is to turn going to court into a negative outcome” for…
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AMC, they said: Even if AMC wins in court, “it stands to simultaneously lose without Dish distribution.” Dish likely wants to have extra cash in excess of the $2.5 billion for which AMC is suing, they said. For Dish’s Q2, the analysts lowered their EBITDA estimate by 4.2 percent to $800 million due to higher subscriber acquisition costs, they said. Average revenue per user growth is expected to be a challenge “given the lack of a price increase and the potential for a somewhat higher mix of lower credit quality gross adds since DTV [DirecTV] has tightened credit in 1Q,” they added. Dish said it will discuss its Q2 earnings during a conference call Aug. 8.