Key Developments: DISH Network Corp (DISH.O)

DISH.O on Nasdaq

19 Dec 2014
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Latest Key Developments (Source: Significant Developments)

Nexstar Broadcasting provides third extension to DISH Network distribution agreement covering 60 stations
Monday, 8 Dec 2014 09:00pm EST 

Nexstar Broadcasting Group Inc:Says that it has provided the third extension of its distribution agreement with DISH Network, L.L.C. allowing the satellite television provider the right to continue to air Nexstar's highly rated programming until 11:59 p.m. ET on Dec. 10.The agreement covers Nexstar's broadcast platform inclusive of 60 network affiliated and local stations in 46 markets.  Full Article

DISH Network Corporation places offering of $2 billion in senior notes
Wednesday, 5 Nov 2014 08:30pm EST 

DISH Network Corporation:Says that it has priced an offering of $2 billion aggregate principal amount of 5.875 pct. Senior Notes due 2024.Says the notes will be issued at an issue price of 100 pct.Says the net proceeds of the offering are intended to be used for general corporate purposes, including refinancing of indebtedness.Says the offering is expected to close on Nov. 20, 2014.  Full Article

DISH Network announces debt offering
Wednesday, 5 Nov 2014 08:15am EST 

DISH Network Corp:Announces that its subsidiary, DISH DBS Corporation (DISH DBS), plans to offer, subject to market and other conditions, about $1.25 bln aggregate principal amount of its senior notes.The net proceeds of the offering are intended to be used for general corporate purposes, including refinancing of indebtedness.  Full Article

DISH Network Corp and Frontier Communications extend agreement to deliver bundled technology solutions
Tuesday, 7 Oct 2014 12:20pm EDT 

DISH Network Corp:Says the company and Frontier Communications Corp have agreed to a multi-year contract renewal that provides Frontier customers with bundled technology solutions.The agreement builds upon the longstanding relationship between the companies to offer Frontier customers the ability to add DISH service to their bundled Internet and voice technology packages.  Full Article

DISH Network Corp announces change in CFO
Friday, 22 Aug 2014 07:05am EDT 

DISH Network Corp:Announced that Robert Olson, DISH's executive vice president and CFO, will retire from company Oct. 15.Steve Swain, senior vice president of Programming, will succeed Olson as CFO.  Full Article

DISH Network Corp and A+E Networks agree to multi-year renewal
Tuesday, 5 Aug 2014 08:06am EDT 

DISH Network Corp and A+E Networks:Says that they have agreed to terms for a multi-year contract renewal that provides DISH customers with access to A+E Networks' high-quality content, and programming from A&E's entire portfolio.This innovative agreement includes OTT multi-stream rights for live and Video-on-Demand content.It also expands DISH customers' access to programming on the satellite service through increased distribution of H2 and FYI in the America's Top 200 programming package, as well as authenticated live and Video-on-Demand A+E Networks' programming on Internet-connected devices.  Full Article

Walt Disney Co and DISH Network signs long-term agreement
Monday, 3 Mar 2014 08:30pm EST 

Walt Disney Co and Dish Network:Announced a long-term, distribution agreement.Agreement provide DISH customers with access to Disney's sports, news and entertainment content across televisions, computers, smartphones, tablets, gaming consoles and connected devices.The agreement will result in dismissal of all pending litigation between the two companies, including disputes over PrimeTime Anytime and AutoHop.  Full Article

Dish Network Corp's Blockbuster LLC completes sale of Mexican Subsidiary
Tuesday, 14 Jan 2014 03:59pm EST 

Dish Network Corp:Says its Blockbuster L.L.C that it has completed the sale of Blockbuster Mexico to Grupo Elektra, a company owned by Grupo Salinas.Says New York based investment bank Athelera L.L.C. advised Blockbuster L.L.C. on this transaction.  Full Article

Dish Network Corp terminating LightSquared bid - Reuters
Wednesday, 8 Jan 2014 10:40pm EST 

Dish Network Corp:Says it is terminating its bid for LightSquared Inc, the bankrupt telecom firm whose wireless spectrum Dish has been coveting - Reuters.  Full Article

LightSquared Inc Lodges Claims Against Ergen, Dish Network Corp-Reuters
Sunday, 17 Nov 2013 02:00pm EST 

Reuters reported that LightSquared Inc has filed a lawsuit accusing Dish Network Corp and its chairman, Charles Ergen, of improperly trying to take control of LightSquared's broadband spectrum. The lawsuit, filed in the U.S. bankruptcy court in New York late on November 15, 2013, is an effort to revive an earlier case by LightSquared's controlling stakeholder, Phil Falcone's Harbinger Capital Partners, that was thrown out last month. LightSquared alleges that Dish, Ergen, and other Ergen-controlled entities made improper trades and violated a key credit agreement in order to become LightSquared's creditor, with the intention of taking control of LightSquared's spectrum, the airwaves used for wireless communications. In its lawsuit on November 15, 2013, LightSquared alleged that an Ergen entity surreptitiously amassed a controlling block of LightSquared loans. It said this entity delayed the closing of a number of loan trades to hide the identity of the buyer, namely Ergen, and derail negotiations with creditors as LightSquared neared the end of a deadline to file a restructuring plan. The lawsuit seeks to disallow Ergen’s claims in the bankruptcy process that result from the debt purchases and subordinate those claims behind other creditors. It is also seeking punitive and compensatory damages. LightSquared's complaint on November 15, 2013 was styled as a complaint-in-intervention, meaning LightSquared is essentially trying to step in as a plaintiff in an earlier lawsuit.  Full Article


DISH, Comcast SportsNet reach deal in regional dispute

WASHINGTON - Satellite TV provider DISH Network Corp and Comcast Corp's SportsNet have reached a deal allowing the cable giant's regional sports networks to remain on-air for DISH subscribers, the two companies said on Saturday.

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