 |
|
|
11-18-09, 11:27 AM
|
#1
| Link
|
|
|
Creator of DBSTalk
Join Date: Mar 21, 2002
Location: San Antonio, TX
Posts: 14,447
User# 1
|
Ergen steps down as EchoStar CEO
Charlie Ergen, founder and chairman of satellite TV technology company EchoStar Corp., has stepped down as the Colorado company's CEO and president, EchoStar announced Wednesday.
EchoStar board member and former executive Michael Dugan is coming out of retirement to replace Ergen in both positions.
Full article
__________________
Chris Blount
Administrator/Founder
|
|
|
|
11-18-09, 11:32 AM
|
#2
| Link
|
|
Icon
Join Date: Jan 10, 2008
Location: Orlando, FL
Posts: 663
User# 61623
|
Wow.....was this a surprise?!?!?!
|
|
|
|
11-18-09, 11:49 AM
|
#3
| Link
|
CE Nation Servant Cutting Edge: ECHELON '09 DBSTalk CLUB MEMBER
Join Date: Jul 28, 2004
Location: SE U.S.
Posts: 16,708
User# 8007
|
I suspect there is more to this story.
The sudden nature of the announcement lends itself to speculation.
__________________
Opinions expressed in my posts do not represent those of any sane person, any companies that want to stay afloat, or green plants.
Here's my
To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts.
:
|
|
|
|
|
11-18-09, 11:49 AM
|
#4
| Link
|
|
Godfather/Supporter
DBSTalk GOLD MEMBER
Join Date: Oct 24, 2002
Location: NJ
Posts: 844
User# 1397
|
wow
I don't know if it's a surprise or not.. but.i can't imagine E*without Charlie.... 
__________________
DirecTV HR21-100
DirecTV HR20-700 x2
DirecTV Tivo (Hughes SD40) 35 hrs (disconnected)
DirecTV Tivo (DirecTV R10) 70 hrs
DirecTV Tivo (Samsung SIR40) 35 hrs (disconnected)
XM SkyFi (disco'd) XM SkyFi2, BoomBox, PCR, Honda Unit, RoadyXT
|
|
|
|
|
11-18-09, 11:56 AM
|
#5
| Link
|
|
|
Hall Of Fame
Join Date: Jan 18, 2007
Location: Willits, California
Posts: 6,624
User# 33882
|
Now if he'd just step down as CEO of Dish Network....
__________________
"In a hundred years there'll be a whole new set of people."
"Always poke the bears. They sleep too much for their own good."
A GEEZER who remembers watching TV in 1951 and was an Echostar customer from 1988 to 2008, now a Dish Network customer.
To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts.
To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts.
|
|
|
|
|
11-18-09, 12:53 PM
|
#6
| Link
|
|
AllStar
Join Date: Oct 30, 2009
Location: omaha
Posts: 60
User# 87628
|
Quote:
Originally Posted by phrelin
Now if he'd just step down as CEO of Dish Network....
|
WOW! This is big |
|
|
|
|
11-18-09, 01:13 PM
|
#7
| Link
|
|
Icon
Join Date: Jan 10, 2008
Location: Orlando, FL
Posts: 663
User# 61623
|
Looks like the Dish stock price is down today with this news...
|
|
|
|
|
11-18-09, 01:15 PM
|
#8
| Link
|
|
Hall Of Fame
Join Date: May 23, 2003
Location: Celina,TX
Posts: 4,869
User# 2826
|
Headline is more impressive than reality. He is still Chairman just giving up some tittles.
|
|
|
|
|
11-18-09, 01:22 PM
|
#9
| Link
|
|
Hall Of Fame
Join Date: Dec 16, 2003
Location: San Lorenzo, Ca
Posts: 3,347
User# 4421
|
Quote:
Originally Posted by Chris Blount
Charlie Ergen, founder and chairman of satellite TV technology company EchoStar Corp., has stepped down as the Colorado company's CEO and president, EchoStar announced Wednesday.
EchoStar board member and former executive Michael Dugan is coming out of retirement to replace Ergen in both positions.
Full article |
The article I read Charlie will be Chairman. Charlie isn't leaving.
__________________
Enjoying AEP & staying put due to Epix
|
|
|
|
|
11-18-09, 01:32 PM
|
#10
| Link
|
|
|
Hall Of Fame
Join Date: Sep 08, 2006
Location: Sacramento, CA
Posts: 4,734
User# 26214
|
Quote:
Originally Posted by Justin23
Looks like the Dish stock price is down today with this news...
|
Some one just mentioned anyone who bought DISH stocks today will not get the $2 special dividend, so the stock price reflects the $2 discount.
Another speculation is, Charlie not the CEO of E* might make it easier for E* and TiVo to work out a deal together. They are both DVR hardware makers, E* holds Sling IP, TiVo hold its own DVR IP. The two together will benefit both, and of course also benefit DISH since DISH will be the DVR markers' main buyer. Pure speculation though. |
|
|
|
|
11-18-09, 02:16 PM
|
#11
| Link
|
|
Mentor
Join Date: Nov 10, 2003
Location: US Virgin Islands
Posts: 40
User# 4013
|
So you're saying that the pressure of the Tivo lawsuit was too much for Charlie? TiVo stock is up today.
|
|
|
|
|
11-18-09, 03:16 PM
|
#12
| Link
|
|
Hall Of Fame
Join Date: Jan 18, 2007
Location: Willits, California
Posts: 6,624
User# 33882
|
All the payments to Tivo come from Dish Network, not Echostar. Charile will still be making all those day-to-day decisions important to subscribers. It's probably difficult for the average investor or even the institutional investors to really understand the 2008 spinoff structure. I keep reminding folks elsewhere that Dish Network hasn't been Echostar for nearly two years.
__________________
"In a hundred years there'll be a whole new set of people."
"Always poke the bears. They sleep too much for their own good."
A GEEZER who remembers watching TV in 1951 and was an Echostar customer from 1988 to 2008, now a Dish Network customer.
To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts.
To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts.
|
|
|
|
|
11-18-09, 03:26 PM
|
#13
| Link
|
|
Mentor
Join Date: Oct 13, 2009
Location: SALEM,MO
Posts: 34
User# 87267
|
dishnetwork & echostar are not the same company anymore.
|
|
|
|
|
11-18-09, 04:14 PM
|
#14
| Link
|
|
Hall Of Fame
Join Date: Feb 01, 2006
Location: Carlsbad, CA
Posts: 1,948
User# 17593
|
This will make it much easier for EchoStar to make agreements with other providers, than just Dish for thier DVR's.
AT CES the ViP922 had been proposed as a DVR to other carriers like Cable companies. With Charlie out of the day to day functions at EchoStar, it will make it much easier, for EchoStar, to make agreements.
Wouldn't be surprised if it wasn't a requirement of sorts, from some other carrier, that Charlie be out of the Day to Day stuff, before agreements would be signed, for the Hardware. No carrier will have to worry about making sure Dish gets something in return from them, to carry the EchoStar Hardware.
|
|
|
|
|
11-18-09, 05:04 PM
|
#15
| Link
|
|
|
Hall Of Fame
Join Date: Sep 08, 2006
Location: Sacramento, CA
Posts: 4,734
User# 26214
|
Quote:
Originally Posted by phrelin
All the payments to Tivo come from Dish Network, not Echostar. Charile will still be making all those day-to-day decisions important to subscribers. It's probably difficult for the average investor or even the institutional investors to really understand the 2008 spinoff structure. I keep reminding folks elsewhere that Dish Network hasn't been Echostar for nearly two years.
|
Both DISH and E*, and many other Charlie's companies are co-defendants in this TiVo lawsuit.
The latest news since the quarterly call point to the possibility that Charlie does not see him making any more payment to TiVo. |
|
|
|
|
11-18-09, 05:08 PM
|
#16
| Link
|
|
Hall Of Fame
Join Date: Jan 18, 2007
Location: Willits, California
Posts: 6,624
User# 33882
|
Quote:
Originally Posted by jacmyoung
Both DISH and E*, and many other Charlie's companies are co-defendants in this TiVo lawsuit.
|
They may be co-defendants, but the payments to TiVo and other expenses are shown in the Dish Network 10-K's.
Quote:
|
The latest news since the quarterly call point to the possibility that Charlie does not see him making any more payment to TiVo.
|
Yeah, I've seen that but until I read about a settlement or a last and final and complete ruling by all the courts involved.
__________________
"In a hundred years there'll be a whole new set of people."
"Always poke the bears. They sleep too much for their own good."
A GEEZER who remembers watching TV in 1951 and was an Echostar customer from 1988 to 2008, now a Dish Network customer.
To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts.
To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts.
|
|
|
|
|
11-18-09, 05:20 PM
|
#17
| Link
|
|
Hall Of Fame
Join Date: Sep 08, 2006
Location: Sacramento, CA
Posts: 4,734
User# 26214
|
Quote:
Originally Posted by phrelin
They may be co-defendants, but the payments to TiVo and other expenses are shown in the Dish Network 10-K's.
|
Doesn't seem to hurt DISH much.
Quote:
|
Yeah, I've seen that but until I read about a settlement or a last and final and complete ruling by all the courts involved.
|
I think the next appeals court ruling should be enough. |
|
|
|
|
11-18-09, 05:32 PM
|
#18
| Link
|
|
Hall Of Fame
Join Date: Feb 01, 2006
Location: Carlsbad, CA
Posts: 1,948
User# 17593
|
There is an entire thread on the Tivo Vs Dish.
Charlie stepping down, just frees up EchoStar, and completes the seperation started in 2008 of Dish and EchoStar as 2 seperate Companies.
EchoStar will be free to have more agreements, with different carriers.
|
|
|
|
|
11-18-09, 05:44 PM
|
#19
| Link
|
|
Hall Of Fame
Join Date: Sep 08, 2006
Location: Sacramento, CA
Posts: 4,734
User# 26214
|
Quote:
Originally Posted by GrumpyBear
There is an entire thread on the Tivo Vs Dish.
Charlie stepping down, just frees up EchoStar, and completes the seperation started in 2008 of Dish and EchoStar as 2 seperate Companies.
EchoStar will be free to have more agreements, with different carriers.
|
If any potential clients think Charlie not being the CEO will make them more likely to benefit from E*, they are somewhat out of their mind.
But if you say Charlie removing himself in the hope E* may appeal more to any potential clients, then I can see your point, but I'd say it is Charlie's wishful thinking  |
|
|
|
|
11-18-09, 07:11 PM
|
#20
| Link
|
|
Godfather
Join Date: Feb 06, 2007
Location: Western Arc
Posts: 278
User# 35243
|
Outsourced Customer Service center, receiving an F in the Better Business Bureau, outdated Charlie Chats. Can you blame him?
|
|
|
|
|
11-18-09, 08:16 PM
|
#21
| Link
|
|
Hall Of Fame
Join Date: Jan 27, 2005
Location: USA
Posts: 1,073
User# 10863
|
Quote:
Originally Posted by satexplorer
Outsourced Customer Service center, receiving an F in the Better Business Bureau, outdated Charlie Chats. Can you blame him?
|
Except for the 10 call centers they have here in the US. BBB is a joke of which anyone under the age of 45 doesn't pay attention to anymore, and the charlie chats are exactly what they advertise to be. |
|
|
|
|
11-18-09, 10:24 PM
|
#22
| Link
|
|
Formerly HDMe
Join Date: Jan 07, 2005
Location: Raleigh, NC
Posts: 10,464
User# 10473
|
Reminder to please stay on topic... This is not a Tivo vs Echostar thread. There is another thread for that.
__________________
-- Traversing the time-space continuum in liquid form.
|
|
|
|
|
11-19-09, 04:49 AM
|
#23
| Link
|
|
Legend
Join Date: Feb 23, 2006
Location: Akron OH
Posts: 227
User# 18486
|
What, no more "Charlie Chat" 
__________________
AN OLD GEEZER WHO REMEMBERS THE DUMONT TELEVISION NETWORK AND IT'S TOP RATED "CAPTAIN VIDEO AND HIS VIDEO RANGERS", TV NEWS ANCHORMEN WEARING HATS DURING THE NEWSCAST, ONLY 180 SECONDS OF COMMERICALS EACH HALF HOUR, 3 STATIONS ON THE AIR WITH THEIR TEST PATTERNS AIRED FROM 2 TO 3PM, PROGRAMMING FROM 3PM TO 11:30 AND SIGNING OFF AT 11:30PM.
|
|
|
|
|
11-19-09, 06:35 AM
|
#24
| Link
|
|
Hall Of Fame
Join Date: Jan 27, 2005
Location: USA
Posts: 1,073
User# 10863
|
Quote:
Originally Posted by samhevener
What, no more "Charlie Chat" |
Okay...
Echostar=hardware (set top boxes, satellites, etc)
Dish Network=programming (who you pay your monthly bill to) and what Charlie Chat derives from
Charlie is stepping down as CEO of Echostar but will remain as Chairman, nothing changed with Dish Network |
|
|
|
|
11-19-09, 07:01 AM
|
#25
| Link
|
|
|
Hall Of Fame
Join Date: Mar 25, 2002
Location: Vero Beach, FL
Posts: 22,263
User# 73
|
This brings back Mike Dugan to an active position in the company which is a VERY good move. Charlie will still be the boss over the whole thing, so I don't know how much this will help in the sales end of things, but the technical side will be in very good hands.
__________________
The Pump Don't Work 'cause the Vandals Took the Handles.
|
|
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
All times are GMT -6. The time now is 12:49 PM.
|
