It was a convergence of multiple things. People didn't want to pay for channels they didn't want... advertisers didn't want to pay as much for commercials that could be zipped past with a DVR...among other thing. Dish is profitable still, but it's holding company isn't. That company is drowning in debt after a long bomb attempt from out of the blue to create a Cell Phone company via 5G. If they can monetize that (becoming doubtful), then this can turn around... maybe. But that needed to start years ago. And with 5G ending up not being what it was projected to be, things look bleak. But Charlie owns one more cell phone company than was expected 10 years ago, so I wouldn't bet against him... I just wouldn't leverage all too much on him. He may get out of this, but it'll be much leaner. I think the corporate side of wireless 5G data transfer never got to where it was hoped.