PJT Partners Investment Banking Pitch Book
Solar Networks Revenue By Distributor
(US$ mm)
Traditional affiliate
AT&T
DIRECTV
Total DTV/AT&T
Cablevision
Charter
Comcast
Cox
DISH
Mediscom
NCTC
Suddenlink
Time Warner
Verizon
All other
Total traditional affiliate
OTT
Amazon
Dish Sling TV
Hulu
Other OTT
Cannibalization
Total OTT
Other
Total networks revenue
Contract
Expiration
PI
PI
33333333333
CC CCEE
P
11
CY2013A
Revenue Revenue Change
11
11
11
11
11
11
11
11
11
11
11
1'1
1:1
11
11
1,298
CY2014A
11
19
11
[]
11
11
11
PI
11
P1
11
11
M
11
[]
11
(1
11
1
11
1,312
CE
["1
[1
1'1
M
11
11
11
1'1
191
1'1 11
M
11
11
CHEE
11
1%
CY2015A
Revenue % Change
11
M
11
11
1
11
M
11
M
19
M
["]
33
11
PI
19
11
1,325
Source: Solar Management projections as provided by Lunar Management.
(1) 11
(2) [*]
(3) [*]
(4) []
11
11
COCE
[1
11
M
[1
11
191
11
M
11
M
11
PI
11
11
1%
CY2016E
CY2017E
Revenue % Change Revenue % Change
Pl
11
1
11
1
11
11
11
199
M
["]
Pl
11
1)
1
1
11
CE
111
11
11
3333333333
C
[]
EE CECE
11
1171
CCEECEEEE
11
11
P
11
MI
M
M
191
1.1
C
["1
11
17
["1
11
Pl
11
M
M
1) 11
11
11
11
11
11
11
11
11
11
11
11
11
M
(1
Commentary
11
1.1
ECOCECC
11
(1
11
Confidential
PJT Partners
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