EchoStar Communications Corporation (Nasdaq: DISH) announced today that it has agreed to acquire Sling Media, Inc., a privately held digital lifestyle company. EchoStar is the third largest pay-TV provider in the United States through its DISH® network. The transaction values Sling Media at approximately $380 million and is payable in cash and EchoStar options. The transaction is subject to customary closing conditions and is expected to close in the fourth quarter of 2007. „Our goal and priority is to reach an agreement with Disney that ensures you get the best possible value from Sling. We are working to bring back your channels as soon as possible,” the company told its subscribers. You can stream Sling TV from anywhere on your smartphone, computer, or tablet, but what if you just want to watch it on your living room TV? No problem! OTT service providers designed to facilitate over-the-air and on-demand domestic and international programming. Available on TVs, tablets, computers, smartphones and other streaming devices, the company`s services offer two streaming services that together include program content from renowned TV networks in the U.S. and parts of Latin America, allowing customers to receive more than 200 channels in 18 languages across multiple devices. Dish has published a note on its website that explains to its customers the basics of what happened. The cable streaming service noted that its contract with Disney had expired, resulting in the loss of a variety of channels, including: „As the first investor in Sling Media, EchoStar was pleased with the company`s progress and commitment to establishing Sling Media and the Slingbox as powerful and popular digital media brands,” said Charlie Ergen, CEO and co-founder of EchoStar. „With today`s increasingly mobile lifestyle, EchoStar`s acquisition of Sling Media will allow us to provide our customers with innovative and convenient ways to enjoy their programming on more screens and locations, including TVs, computers and mobile phones, both inside and outside the home. This combination paves the way for the development of a variety of innovative new products and services for our subscribers, new digital media consumers and strategic partners.
After a month-long, invitation-only beta, Sling TV officially launched on February 9, 2015. On the same day, Sling announced that it had entered into a transport agreement with AMC Networks that allows networks such as AMC, IFC, BBC America and SundanceTV to be included in the service.  A week later, on February 16, under a renewed agreement between Dish and the Paramount Pictures/Lionsgate/Metro-Goldwyn-Mayer Studio 3 Partners joint venture, Sling announced that it would continue its promotion on the company`s satellite service that it would offer Epix as the first premium channel on the provider as part of its „Hollywood Extra” tier – in a package that includes its main channel and all three multiplex services.  Sling Media, Inc. is a leading digital lifestyle company that provides services and products to consumers that are a natural extension of today`s digital lifestyle. Sling Media`s family of products includes the world-renowned, Emmy-winning Slingbox™, which allows consumers to watch and control their TV shows in the living room anytime, anywhere using PCs, Macs, PDAs and smartphones. For more information about Sling Media or Slingbox, see www.slingmedia.com. PitchBook`s non-financial metrics help you measure a company`s traction and growth through its web presence and social reach. And if you use the TV Guide, there`s a „My Channels” filter to help you find what you want to watch faster. The OTT service was launched on September 5.
In January 2015, it was officially introduced as Sling TV during a presentation at the Consumer Electronics Show in Las Vegas.  The service is co-branded with the Sling unit owned by Dish Network`s former parent company, Echostar, which also provided the co-branding and place-shifting technology for the supplier`s Hopper with Sling multi-room DVR system. Dish did not provide specific details on when the service would launch beyond „soon.”   The company also announced that the DishWorld service would be incorporated into the Sling TV subsidiary and renamed Sling International, and that it also planned to launch a Sling Latino OTT service that would include various Spanish-language networks.  Roger Lynch, CEO of Sling TV, explained that the service responds to the viewing habits of 18- to 35-year-olds, which he believes were ignored by the traditional pay TV industry (and also represented by their slogan „Take Back TV”).  Lynch argued that the service`s approach required Dish to be selective in how he built the service`s offering, stating that „it would have been easy for us to do business sooner if we had simply agreed to say, `Let`s just take these big pay TV packages and put them online.` We would have ended up receiving $60 or $70 packages. We do not believe that is the right way to reach this demographic.