EchoStar Chairman Charlie Ergen Skips Dish Network Parent’s Quarterly Earnings Call As Investor Angst About Debt Keeps Mounting
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deadline.comThe singular voice of Charlie Ergen, long an outspoken figure willing to express unconventional views on the media business, fell silent Friday as he was absent for EchoStar‘s quarterly earnings call.
The Dish Network parent, of which Ergen is executive chairman, reported a loss of 314,000 Dish subscribers in the quarter, leaving it with 8.53 million.
The downturn in pay-TV was blamed for a slide in total revenue, to $4.16 billion from $4.53 billion in the prior-year period.
Dish and EchoStar completed a merger in January, so the financials and year-to-year comparisons were provided on a pro-forma basis.
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