OK, a few entertainment providers are losing customers in this recession. When I reported on DIRECTV's
While DIRECTV, Comcast
And the all-important churn rate expanded by 9% year over year to 1.83% per month. If that sounds brilliant next to the 4.2% subscriber churn rate reported by Netflix
So DISH looks like the weakest link in the broadcasting chain these days. CEO Charlie Ergen isn't beating around the bush either, telling analysts that "once you get better, then you got to get to be best in class. So, we got a lot of work to do to get there."
You sure do, Charlie. I'll be watching you from the sidelines and buying other entertainment providers until you get your act together.
Fool contributor Anders Bylund owns shares in Netflix, but he holds no other position in any of the companies discussed here. You can check out Anders' holdings or a concise bio if you like, and The Motley Fool is investors writing for investors.
More from The Motley Fool
Why DISH Network Corporation Sank 18% in 2017
DISH Network may rebound this year but faces long-term problems from cord-cutters.
DISH Network (DISH) Q3 2017 Earnings Conference Call Transcript
DISH earnings call for the period ending September 30, 2017.
This News From Competitors Discourages DISH Investors
The satellite provider's rivals had a rough third quarter, and DISH's stock paid the price.