Satellite TV provider
Dish Network Corp.
) continues to expand its movie channel lineups with the addition
of popular TV channel Encore, which belongs to the Liberty Starz
group, a business arm of
Liberty Media Corporation
Dish Network customers will be able to see movies from seven
different Encore channels for free until July 24, 2012. Encore has
a huge collection of movies of different genres, with 33.6 million
subscribers in the U.S.
A few days back, Dish Network terminated the service of
AMC Networks Inc
) following the expiration of its contract last month. So, in order
to replace AMC Networks' channels, the company is adding different
channels like HDNet Movies, HDNet, Encore and Style to its program
At present, Dish Network is offering multiple movie viewing
options to its subscribers, whether it is through different movie
channels or Video on Demand (VOD) service. Moreover, its
partnership with EPIX (a premium video-on-demand service provider)
also offers unlimited online movies to subscribers through
Additionally, with the acquisition of Blockbuster Inc., the
company can now offer streaming and mail-order video services to
its customers, hence expanding its movie delivery options.
Stiff competition from other pay-TV service providers and online
movie distribution companies has induced Dish Network to
continuously expand its movie viewing avenues for its subscribers,
thereby reducing its subscriber churn.
Currently, Dish Network has a Zacks #3 Rank, implying a
short-term Hold rating on the stock. We are also maintaining our
long-term Neutral recommendation on the company's shares.
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