Dish unveils Sling TV video streaming service
(Reuters) – Dish Network Corp (DISH) on Monday took the wraps off its long-anticipated video streaming service, named Sling TV, targeted to younger consumers who shun pricey cable and satellite subscriptions.
The $20 a month service, the first from a distributor, will be available through Internet-connected devices such as Amazon (AMZN) Fire TV, Roku and Google (GOOG) Nexus Player for TVs, tablets, computers and smartphones. It will include television programming and sports events from Walt Disney’s (DIS) ABC, ESPN and Maker Studios, Time Warner’s TNT, CNN, TBS, Cartoon Network and Adult Swim, and Food Network, HGTV and Travel Channel.
For the third quarter, Dish said it lost about 12,000 pay-TV subscribers compared with the second quarter. It has about 14 million subscribers, making it the second-largest U.S. satellite TV company.
“We are not only launching a new product category but a new industry,” he said.
Dish is embarking on the new service as it battles over distribution agreements with media companies, including CBS Corp, Twenty-First Century Fox’s cable news and business networks and Turner Broadcasting.
Controlled by Charlie Ergen, Dish is known as an aggressive company. It launched a failed $25.5 billion bid for mobile phone operator Sprint and has often rolled out new technologies, frequently to the ire of its media partners.
Dish’s Auto Hop is one such example. The DVR set-top box, which automatically skips commercials, prompted litigation from CBS, Disney and Fox.