Vice President Global Treasury

EchoStar Posts 241,000 quarterly Subscriber Loss. August 3, 2026 EchoStar, the corporate parent of Dish and virtual multichannel video program distributor Sling TV, Aug. 3 reported a loss of 241,000 subscribers in the second quarter ended June 30. The loss was an improvement from a decline of 261,000 subs in the previous-year period. The company ended the period with 6.39 million pay-TV subscribers, including 4.68 million Dish subscribers and 1.71 million Sling TV subscribers. EchoStar had 7.1 million pay-TV subs a year ago, which included approximately 1.78 million Sling subscribers. Broadband subscribers decreased by approximately 59,000 compared to a decrease of 34,000 in the year-ago quarter. The company closed the quarter with 622,000 broadband subscribers. Retail wireless subscribers decreased by approximately 118,000 in the second quarter of 2026, compared to an increase of 212,000 in the year-ago quarter. The company closed the quarter with 7.38 million wireless subscribers. Second quarter total revenue dropped less than 4% to $3.58 billion from 3.72 billion in 2025. Net income totaled $8.46 billion, compared to a net loss of $306.1 million in the year-ago quarter. The turnaround was driven in large part by EchoStar's ongoing sale of wireless spectrum. * Report: Netflix Sweden Posts First Subscriber Loss Swedish households added 700,000 streaming video subscribers in the third quarter (ended Sept. 30), but Netflix wasn't among the gainers. New data from Mediavision indicates the SVOD giant lost 110,000 subs in Sweden - the first sub loss since the... * WWE Home Entertainment Posts Q4 Loss Consumer demand for World Wrestling Entertainment DVDs is waning. WWE home entertainment reported fourth-quarter (ended Dec. 31, 2017) operating loss of $700,000 compared to operating income of $1.9 million during the previous-year period. It was the unit's first fiscal loss... * Sling TV Narrows Online Subscriber Loss Dish Network's online TV platform Sling TV in the first quarter of this year lost 100,000 subs, an improvement from a loss of 281,000 subs in the previous-year period. The platform ended the three-month period, which ended March 31, with... * Cinemark Posts $170 Million Q2 Loss When your movie theaters generate just $37,000 in revenue over 90 days, the bottom line turns crimson. That's the fiscal scenario exhibitor Cinemark disclosed Aug. 4, reporting a second-quarter loss of $170 million on revenue of $8.9 million. How bad...

Theaters report Q2 revenue uptick: let's talk why. Prior to the COVID-19 pandemic, there was nothing for theaters to worry about. Life was grand and so was the box office. All of that changed REAL quick once things shut down. Ever since then, box office metrics have often been measured in pre and post COVID times. There's been a lot of stress about how theaters are faring, but the latest second quarter earnings for 2026 have been great. Let's talk about why. Theater profits are up. Cinemark, one of the bigger theater chains in the country, saw a rise in sales for the quarter of up to $1.1 billion. That's up 15% from the previous quarter. It no doubt helps that The Super Mario Galaxy Movie came out in April and eventually crossed the billion dollar mark. There's also the double whammy of Obsession and Backrooms that hit in May. Those two films alone made between them, around $850 million. Let's not forget Michael, the biopic that critics were NOT into, but audiences loved. Loved it to the tune of over a billion dollars worldwide. The 2nd quarter also included the premiere of Toy Story 5 which also joined the billion dollar club during the course of its continuing run. Cinemark CEO, Sean Gamble gave credit to more than just the films. He said, "Our achievements reflect the significant progress we've made enhancing our consumer offerings, scaling revenue opportunities and further optimizing our business, combined with the impact of solid operating rigor in a robust box office environment." That might be one of the most bland statements ever issued by a human being. It says absolutely nothing about why there were successful in Q2. Actual reasons to celebrate. What people should be doing is taking the time to acknowledge what's actually helping the industry right now. A big part of that is exciting films that are taking chances with new ideas. Backrooms and Obsession helped reignite people's sense of imagination and excitement in movies. And while Nerdbot didn't really need a Toy Story 5, it was still a seven year gap between entries. That's a lot more time than between Moana 2 and a live-action remake of the first one that no one asked for. That's what cinema owners should be celebrating. They should be saying, "We're proud to feature movies that are novel, untested, and take chances. We should continue to cherish when films take big swings in new or forgotten territories. Those are the experiences that bring people into our seats and keep the magic of the movie going experience alive and well." There is good reason to celebrate the second quarter of this year in film. But Nerdbot should be celebrating it for the right reasons so Nerdbot can carry that light into the rest of the year.

Cinemark Q2 revenue hits $1 billion milestone as exhibitors bask in box office recovery. Aug 2, 2026 Cinemark and Marcus Theatres, two of the four largest exhibitors in the United States, reported tremendous earnings this week for the second quarter period. Cinemark earned $1.1 billion in global revenue, a 15% increase over last year's Q2, headlined by a record-setting $540 million in global ticket sales. Ticket sales were particularly strong for seats in Cinemark's pricier Premium Large Format auditoriums, which include ScreenX 270-degree panoramic projection and D-Box motion seating. Cinemark also reported $433 million in concession revenue with record breaking per-cap spending among domestic audiences and strong spending on merchandise items. Marcus Theatres also showed similar trends in their second quarter earnings report, albeit at a smaller scale. Marcus's gross revenues increased by 14% to $151 million while net income increased by 70% to $27 million. The CEOs at both Cinemark and Marcus Theatres credited the Q2 uptick to the strong slate of studio releases during the period. Cinemark CEO Sean Gamble explained, "While established IP and sequels were certainly an important component to the overall box office, the breakout success of originals like OBSESSION and BACKROOMS connected with Gen Z and young adult audiences to deliver huge surprise contributions to the box office. The success of small and mid-sized original films played a critical role in diversifying the box office and making the industry less dependent on individual tentpole films." The strong Q2 film slate has lifted the fortunes of all exhibitors, with strong results reported last week by AMC and IMAX as well.