Dish Network has received signed commitment letters from five banks, according to people familiar with the matter, bringing it closer to arranging $9 billion in committed financing for a planned $25.5 billion acquisition bid for Sprint Nextel. Dish has raised nearly $12 billion for the deal, which will compete with October’s $20.1 billion offer by SoftBank to acquire 70 percent of Sprint. The financing arrives a few days after Sprint agreed to enter into negotiations with Dish. Continue reading Dish Goes Up Against SoftBank to Purchase Sprint Nextel

The number of potential bidders for Hulu grew late last week when it was reported that Time Warner Cable and DirecTV are both interested in the six-year-old online video site. Other firms that have expressed interest in Hulu include Guggenheim Partners, Yahoo and Peter Chernin’s investment group. The video site — jointly owned by Comcast, Disney and News Corp. — has reportedly been considering a range of strategic options, including a sale. Continue reading Pay TV Operators Time Warner Cable and DirecTV Eye Hulu

Pay TV operator Dish Network announced yesterday that it has placed a $25.5 billion bid for wireless carrier Sprint Nextel, which is presently ranked third in the U.S. behind Verizon Wireless and AT&T. Dish Network’s chairman and former CEO Charlie Ergen is hoping to bridge the gap of current wireless models by offering customers faster and more affordable television, high-speed Internet and cellphone services in a single package. Continue reading Dish Network Submits $25.5 Billion Bid for Sprint Nextel

DISH’s Hopper with Sling has finally arrived — and is worth the wait, according to a product review this week from Wired. This is the second generation Hopper and shows a lot of improvement over the debut from a few years ago. Most notably, it includes the Sling place-shifting service that enables users to load TV shows and DVR recordings to any compatible device like an iPad or laptop. Continue reading DISH Hopper with Sling Outperforms Genie from DirecTV

Amidst shrinking numbers, Dish Network chief Charlie Ergen isn’t sugar coating anything. He’s concerned about the long-term fate of the company’s core subscription TV business and sees cord-cutting as a growing trend. Dish’s recent earnings plunge was largely because of a $700 million settlement with Cablevision in October, along with rising programming costs. Even so, his biggest concern is how younger consumers are taking in content. Continue reading Dish Network Chief Exec Talks Realities of Cord-Cutting

DISH unveiled a second screen app at CES complete with remote control, discovery and a programming grid. The app will challenge competitors like Zeebox and Peel, and unlike the third party competitors, DISH has the built-in advantage of working as the supplier of both first and second screen content. This eliminates some of the complications third party developers must overcome and could give DISH a leg up. Continue reading CES 2013: DISH Introduces New Second Screen App for iPads

DISH Network CEO Joe Clayton clearly hasn’t lost any momentum since last year’s energetic introduction. The animated Kentucky native chided broadcasters for their fight against his company’s commercial-skipping AutoHop feature and warned that channel takedowns may be necessary to keep costs down, all while touting the company’s new mobile and second screen offerings throughout Monday’s press conference. Continue reading CES 2013: DISH Takes on Broadcasters, Simplifies Mobile TV

Fox, CBS, and NBC are continuing legal action in an effort to shut down Dish Network’s DVR service that allows viewers to automatically skip commercials. “The Dish Network litigation concerns the March introduction of what the satellite company calls PrimeTime Anytime, which allows customers to record and store about a week’s worth of prime-time broadcast television,” reports Wired. “A federal judge declined to side immediately with the broadcasters, so they appealed to the 9th U.S. Circuit Court of Appeals.” Continue reading Networks Appeal to Stop Dish AutoHop Commercial-Skipping Feature

Many hedge fund and telecom execs have bought up various bands of spectrum in hopes of converting it for wireless networks. The FCC has denied several requests, keeping its strident allotment for airwaves, but the commission recently gave the rare green light to Dish Network.

“Late Tuesday, the FCC unanimously approved [Dish Chairman Charlie] Ergen’s plan,” the Wall Street Journal reports. “Under the order, Dish would be required to not use a portion of its spectrum to avoid interference with neighboring airwaves, according to FCC officials. The company would also be required to cover at least 70 percent of the new network in each of its geographic license areas within seven years.”

Ergen started assembling the spectrum five years ago through government auctions and investments in flailing satellite companies, spending roughly $3 billion. “At a stroke, the FCC has now raised its value to as much as $12 billion, according to some analysts’ estimates. Mr. Ergen has to do the hard work of putting that spectrum to use or getting FCC approval to sell it,” the article states.

“Wireless service could give Dish an important new line of business in a mature U.S. pay TV market, where its cable TV rivals are able to sell popular ‘bundles’ of telephone, television, and high-speed Internet service.” Rather than building its own network, Dish could partner with a carrier like Sprint Nextel, or potentially even an outside company like Google, to offer wireless service with the spectrum.

“Consumers, meanwhile, could benefit whatever Dish decides, as the FCC’s decision frees up more bandwidth for data-hungry devices like smartphones and tablets,” explains WSJ. “The drawn-out process of converting that spectrum also highlighted how slowly regulators have moved to put much-needed airwaves to more valuable uses.”

The nation’s No.1 and No. 2 satellite TV providers may be looking for new ways to provide movies to consumers. Dish Network (No. 2) recently purchased the assets of bankrupt Blockbuster for $320 million and may use the company’s online streaming service to take on video rental enterprises such as Netflix.

Meanwhile, DirecTV (No.1) is reportedly in talks with Hollywood studios regarding a new movie rental service that would provide $30 rentals just two months after films’ theatrical releases. Studios that are looking to combat slumping DVD sales believe that some consumers, especially families, may be willing to pay the higher fee for access to titles prior to their availability on DVD or from services such as Netflix.

Analysts explain that movie studios are open to new online streaming or pay-per-view models in order to recoup revenue from declining DVD purchases. We may also see $30 premium movie-on-demand offerings from cable firms such as Comcast and Time Warner Cable.

Related TVPredictions.com post: “DirecTV to Offer $30 VOD Next Week?” (4/15/11)

Related Engadget post: “DirecTV, Comcast, Vudu could start offering premium VOD $30 movie rentals in April” (3/31/11)