"The general trend towards online, non-linear television is bad news for satellite TV companies in general," added Blum. "Yes, Dish subscribers who cared and could do so probably moved to HBO Max. But that's just one example of an overall trend. It's why AT&T is offloading DirecTV. Both Dish and DirecTV are transitioning from head-to-head competition with cable to what satellite TV originally was: a service for people living beyond the reach of wired networks and for the video equivalent of four-pack a day smokers."