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Tren Griffin
@trengriffin
, 3 tweets, 1 min read Read on Twitter
Dish TV subscriber activations totaled ~ 243,000 gross during the quarter; churn rate of 1.74% held largely steady with where it was for full-year 2018. A loss of ~ 266,000 net. fiercevideo.com/video/dish-net… The higher the CAC, the more churn hurts financially (effect is not linear).
"12.063 million total pay TV subscribers, including 9.639M Dish TV satellite subscribers and 2.424 million Sling TV subscribers. Dish finished the quarter with about $3.19B in total revenues, down from about $3.46B in the year-ago quarter. Net income $340M"
"Total subscriber acquisition cost (SAC) fell 1.1% from the year-ago quarter to $193.9M. However, as percentage of revenues, SACs increased 400 bps to 6.1%. SAC was $828."

Paying $828 to acquire each new customer (gross) is a tough game in an OTT world. m.nasdaq.com/article/dish-n…
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Tren Griffin
@trengriffin
"In the past, many niche software companies would tap out at $20M to $50M in revenue. Since markets online are 5-10X bigger than they used be, these same companies will now scale to $100M+ in revenue and a $1B+ market cap." Elad Gil blog.eladgil.com/2019/05/market…
My 25IQ review of Elad Gil's book is here: google.com/amp/s/25iq.com… "Things to focus on include margin, customer churn, and organic adoption. If you have a high margin negative churn business and a good acquisition funnel, you will do great 99% of the time."
I was lucky enough to get early access to a terrific new book on building a business by Scott Kupor. If you like Elad's book you will like this one too. amazon.com/Secrets-Sand-H… Kupor's book is a tour de force, an excellent resource and ships June 4.
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Tren Griffin
@trengriffin
When I was in grade school I found a chest buried in a vacant lot next to the home of a local Mafia leader. That chest was full of Playboy magazines which reinforced my love of long form writing in magazines. I had only seen Playboy read by adults in barber shops before then.
My neighbor the Mafia Don would, shortly after my introduction to Playboy, drown in four inches of water in the lake we lived on. It was the first time I saw a dead person. I remember reading the speculation about what other crime family killed him in The Seattle Times newspaper.
So much more access to reading material exists today for someone in grade school like I was then. If the murder happened today in that Bellevue neighborhood, a person would have many places to read about what happened. My blog account of the event is free. google.com/amp/s/25iq.com…
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Tren Griffin
@trengriffin
"HarperCollins revenue from book publishing rose about 6% to $421M, and the segment’s EBITDA and depreciation jumped 29% to $53M."

Book publishing is not an easy business. They made the mistake of publishing one of my books.
reuters.com/article/us-new…
My co-author and I bought the book rights back from Harper Collins and we reduced the price to free (which is priced to sell!). 25iq.files.wordpress.com/2016/05/the_gl… If you want to learn about what is happening right or wrong in the US-China trade talks you might want to read our book. Free!
"Sex apart negotiation is the most common and problematic involvement of one person with another. And the two activities are not entirely unrelated." JK Galbraith in the Introduction of our book.
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Filomena Rocha, President European Commission
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17. - Attempted coup in Venezuela with support from the US - 2019

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Nunes: Declassifying the 20 Redacted Pages Will Reveal @PeteStrzok's 'Insurance Policy' - And We Will Be Shocked pjmedia.com/video/nunes-de… #Video via @pjmedia_com
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@poxxk
"Le Monde" identifie sur une vidéo un proche conseiller de #Macron frappant violemment un manifestant le 1er mai à Paris. #AlexandreBenalla était équipé d’un casque à visière des forces de l’ordre, alors qu’il n’est pas policier. #MacronLaMatraque lemonde.fr/politique/arti…
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