Dish Networks Is Being Sold For $1...What Happened?

Dish Network was once the undisputed king of satellite TV—with over 13 million subscribers and nearly $15 billion in annual revenue—until its share price plunged from $80 to $5 and it lost hundreds of thousands of customers each quarter. Burdened by almost $30 billion in debt and steered by founder Charlie Ergen’s infamous frugality, Dish endured cutthroat workplace culture and penny-pinched pricing decisions. When streaming disrupted pay-TV, Ergen pivoted to 5G—amassing $21 billion in spectrum and launching DISH Wireless at $30/month—but slow speeds, ballooning debt, and a blocked merger with DirecTV left Dish on shaky ground. Now, facing subscriber losses, ad-revenue declines, and an FCC-mandated network buildout deadline, Dish fights for survival.

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Timestamps:
0:00 - The State Of Dish
0:26 - A Frugal Tyrant
4:01 - Ocean Wide, Inch Deep
11:09 - A Way Out

Resources:
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This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research.
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