Sling TV continues to drop subscribers, loses 55K subscribers in second quarter – TechCrunch

Dish reported right now that its streaming service Sling TV declined in subscribers in the course of the second quarter of 2022, with a web lack of 55,000. This considerably differs from the primary quarter of 2022, when it misplaced 234,000 subscribers. Nonetheless, that is the third straight quarter that it has seen a drop.

The determine was additionally much less of a loss than Q2 2021, when Sling TV misplaced 65,000 subs. Now, Sling has a complete of two.197 million subscribers, a lower of 242,000 from the two.439 million within the second quarter final 12 months. Through the first quarter of 2022, Sling TV had a complete of two.252 million, for comparability.

The corporate wrote in a regulatory submitting, “The lower in web Sling TV subscribers was primarily associated to larger subscriber disconnects following seasonal sports activities exercise. We proceed to expertise elevated competitors, together with competitors from different subscription video-on-demand and live-linear OTT service suppliers.”

Whereas Sling TV is taken into account one of many first dwell TV streaming companies, launching in 2015, it nonetheless has but to beat Google within the streaming wars. YouTube TV continues to be a dwell TV streaming service to observe after revealing that it topped the 5 million subscriber mark, which included these on trials. Disney reported throughout its Q1 2022 report that Hulu Dwell TV had 4.3 million subscribers — however it solely consists of paid subscribers in its numbers.

Sling TV nonetheless beats FuboTV, which has 1.05 million subscribers. Philo has round 800,000 subs.

The corporate has been specializing in retaining prospects with new content material, such because the free Elvis Presley Channel, which launched in June. Additionally, in July, Sling TV offered prospects free previews to premium streaming companies by way of its “Freeview Weekends,” which embrace AMC+, EPIX, Sundance Now, Hallmark Films Now, and extra.

Leave a Reply

Your email address will not be published.