Author: Kim Lyons
Illustration by Alex Castro / The Verge
If you’re a Comcast cable subscriber, get ready to pay more. The company said on Thursday that rate “adjustments” are planned for 2020, as cable customers continue to shed their bundled cable / internet packages in favor of streaming channels.
The company’s cable division continued to lose subscribers at a faster rate than expected in the fourth quarter, even though those losses slowed somewhat from a year ago. But the company is still ahead of Wall Street’s expectations. Even though Comcast’s fourth quarter results were dinged by lost cable subscribers and a terrible box office for the movie Cats, the company continued to add broadband subscribers, pushing its profits up 26 percent.
“We can make more money in streaming than anyone...
Continue reading…
Continue reading...
If you’re a Comcast cable subscriber, get ready to pay more. The company said on Thursday that rate “adjustments” are planned for 2020, as cable customers continue to shed their bundled cable / internet packages in favor of streaming channels.
The company’s cable division continued to lose subscribers at a faster rate than expected in the fourth quarter, even though those losses slowed somewhat from a year ago. But the company is still ahead of Wall Street’s expectations. Even though Comcast’s fourth quarter results were dinged by lost cable subscribers and a terrible box office for the movie Cats, the company continued to add broadband subscribers, pushing its profits up 26 percent.
“We can make more money in streaming than anyone...
Continue reading…
Continue reading...