DISH DISH Network Corporation Class A

SHOWTIME® Arrives on Sling TV

Today’s arrival of SHOWTIME® on Sling TV marks the first time an over-the-top (OTT) service has offered content from the four leading premium networks. SHOWTIME features eight different channels and is available today for $10 per month to new and existing Sling TV customers.

“We know our price and the ability to personalize your channel lineup are why consumers prefer Sling TV, so we’ll continue to offer more customizable options like this,” said Glenn Eisen, chief marketing officer of Sling TV. “SHOWTIME offers Sling TV customers additional high-quality live and on-demand content, including hit series like ‘Homeland’ and ‘Billions.’”

SHOWTIME offers commercial-free access to award-winning SHOWTIME original series, including “Homeland,” “Billions,” “Ray Donovan” and the highly-anticipated new limited event series of “Twin Peaks.” SHOWTIME subscribers can watch eight live TV channels or instantly choose from nearly 2,000 on-demand titles, with new titles added weekly. Additional original series, exclusive sporting events, documentaries, comedy specials and more from the following Showtime Networks will be included in the add-on: SHOWTIME, SHOWTIME 2, SHOWTIME® SHOWCASE, SHOWTIME EXTREME®, SHOWTIME BEYOND®, SHOWTIME NEXT®, SHOWTIME® WEST and SHOWTIME WOMEN®. For more information on these channels and original Showtime series, visit www.SHO.com.

About Sling TV

Sling TV L.L.C. provides over-the-top television services, including general market, Latino and International live and on-demand programming. It is available on televisions, tablets, game consoles, computers, smartphones and other streaming devices. Sling TV offers two domestic streaming services that collectively include more than 150 channels and programming content from Disney/ESPN (Sling Orange/single-stream only), Fox (Sling Blue/multi-stream), NBC (Sling Blue/multi-stream), NFL Network, NBA TV, NHL Network, Pac-12 Networks, HBO®, SHOWTIME, STARZ, AMC, A&E, Turner, Scripps, GSN, Hallmark, Viacom, EPIX, AXS and Univision. Additionally, Sling TV offers a suite of standalone and add-on Spanish-language packages and services tailored to English-dominant, bilingual and Spanish-dominant U.S. households. Sling TV also provides more than 300 channels in 22 languages across multiple devices to U.S. households. Sling TV, the first of its kind to offer a live and on-demand over-the-top TV offering, is a next-generation service that meets the entertainment needs of today’s contemporary viewers. Visit www.Sling.com.

Follow @Sling on Twitter: http://www.twitter.com/Sling

EN
05/04/2017

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Reports on DISH Network Corporation Class A

Blair Levin
  • Blair Levin

SATS Public Notice Final Filings: What Have We Learned

The record formally closed on Friday for the two FCC Proceedings affecting SATS. In this note we update our analysis of the situation considering the new filings.

Blair Levin ... (+3)
  • Blair Levin
  • Jonathan Chaplin
  • Philip Burnett

Chapter 11 and Spectrum Values – Questions We Didn’t Get To

We hosted a call on Monday that covered our analysis of the impact of the FCC inquiries on spectrum values, and how this could change if the Company files for Chapter 11 protection. We hosted the call with Jeff Carlisle who is perhaps the leading expert on matters that sit at the intersection of telecom policy and bankruptcy. We got more questions than we could answer in the time we had, and so we covered the questions we didn’t get to in this note.

Jonathan Chaplin
  • Jonathan Chaplin

DBS also misses interest payment

Today EchoStar filed an 8-K announcing that they would not make a scheduled interest payment on DBS secured and unsecured bonds. As with the skipped interest payment at EchoStar, this triggers a 30-day grace period after which DBS will be in default. A default at DBS would also trigger a default at Dish Network Corp., based on cross-default protections in Dish Network Corp. bonds. Our quick thoughts in this (very) brief note.

Blair Levin
  • Blair Levin

Of SATS, the FCC and NextWave

Since Friday’s announcement that SATS is not making an interest payment, triggering a 30-day period that could lead to a SATS voluntary Chapter 11 proceeding, we have been in numerous talks with investors about the most notorious bankruptcy case involving the FCC and a telecom company, NextWave. In this note we quickly summarize the key lessons of that case for investors analyzing the potential implications of a SATS bankruptcy proceeding.

Blair Levin
  • Blair Levin

SATS Proceedings: First FCC Filings

As previously discussed, earlier this month, the FCC opened two proceedings that could adversely affect SATS. The opening round of filings in those proceedings ended earlier this week. In this note we review the filings to update our analysis of the likely outcome.

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