DISH Networks to Offer Netflix Channels on Sling TV Platform

GOOG VZ NFLX

DISH Networks Corp. will be streaming Netflix Inc.’s (NFLX - Free Report) programs through its over-the-top (OTT) Sling TV video streaming service. Notably, DISH is preparing to launch a streaming player called AirTV Player for the same reason.

Pay-TV Business Soft

Over the last couple of years, the internal dynamics of the U.S. pay-TV industry have been gradually shifting from cable and satellite TV operators to low-cost over-the-top service providers. The strong presence of online video streaming providers like Netflix and Hulu are posing significant threat to the existing pay-TV business model. Meanwhile, cord-cutting has become a serious concern for major pay-TV operators. DISH intends to check customer churn with its latest Sling TV offering.

Competition Rife

The fast growing video streaming service industry has attracted telecom giants to this space, which in turn has intensified competition. Telecom giants like Verizon Communications Inc. (VZ - Free Report) have introduced zero-rated plans for their online TV offering, making their offers cheaper than OTT providers. Moreover, Internet giants Amazon.com and Alphabet Inc. (GOOG - Free Report) are set to launch video streaming products in the upcoming year.

The Bottom Line

Many pay-TV players have adopted Netflix services on their set-top boxes to put a check on customer churn. Meanwhile, DISH has been focusing on rich content and media in its services. Also, we believe that expansion of its service to Apple TV and Play TV will propel growth for Sling TV in the coming years.

DISH presently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

The Best Place to Start Your Stock Search

Today, you are invited to download the full list of 220 Zacks Rank #1 "Strong Buy" stocks – absolutely free of charge. Since 1988, Zacks Rank #1 stocks have nearly tripled the market, with average gains of +26% per year. Plus, you can access the list of portfolio-killing Zacks Rank #5 "Strong Sells" and other private research. See these stocks free >>

Zacks Names "Single Best Pick to Double"

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.

Free: See Our Top Stock and 4 Runners Up >>