Making money, gaining subscribers...
the news for today looks good. Earning per share are up, total subscribers is up to an astounding 39 million (roughly one out of 25 people in the Western Hemisphere now have DIRECTV or Sky service) and it's not even looking that bad at home.
The second quarter has been a soft one and it's where DIRECTV announced its first quarterly subscriber loss at home ever last year. Now subscriber growth is nearly flat, with a net loss of just 35,000 subscribers. All the while it's good news for stockholders as revenues just keep going up.
This is the kind of good news we want to hear, of course, and in a stable market like the US, DIRECTV's modest losses compare really well to cable companies who lose hundreds of thousands of subscribers per quarter.
The financial press release (found here in its entirety
) shows that the company continues to grow despite issues with exchange rates and a stable market at home. What we're not seeing here, of course, is any speculation, and it's that juicy speculation that we're all excited about. When will DIRECTV add SEC? It looks like it could be close. What about SportsNet LA? What about Sunday Ticket, how's that going?
For answers like that you'll have to tune into our liveblog event
starting at 11:00am Pacific. The first part will just be a recap of the press release, but it's the Q&A that we're all waiting for, and that's when we'll get an idea of what the folks at DIRECTV are really