How is having to pay someone $700 million coming out "way ahead?" It may not be over a billion, but it's still $700 million out of their pockets. I doubt putting AMC on the lower tier packages was Charlie's idea either?
Dish lost. And a lot of money moved from them to the other guys. And AMC likely got what they wanted and more. That's ain't winning, if you're Dish.
Think about it...
Someone will correct me if I'm wrong... but I believe Dish dropped Voom HD back in May of 2008... that means nearly 4.5 years of NOT paying Voom HD for those channels.
The speculation has Dish paying somewhere between $100-$200 million per year for those Voom HD channels... so the past 4.5 years of Voom HD would have cost Dish $450-$900 million!
Also... I believe they had something like a 15 year contract that was broken... so you could be talking another $900 million to $1.8 billion that Dish would still be locked into paying to Voom HD.
Dish paid $700 million to settle the lawsuit AND got some wireless licenses thrown their way!
The AMC extended new contract is a non-issue because had the trial not existed, AMC probably gets a new contract anyway... and Dish is paying for AMC programming that they get to sell to customers so any increase in rates there gets passed to Dish customers next time they adjust rates.
So... on the low side, Dish really owed Voom HD $450-$900 million anyway... but possibly as much as $1.35 to $2.7 billion!
So ask yourself that question again... and remember that the evidence this last couple of weeks REALLY started to go south for a Dish win... I expect Rainbow/AMC could have held out for a better settlement... and I won't complain... but man, given the state of the info coming out of the court the last week or so, this smells like a HUGE win for Dish when you tally everything up.