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Cord Cutting is Hitting Comcast Harder Than Ever

posted by mrpg on Saturday February 04, @02:11PM   
from the apathy-isn't-a-business-model dept.

upstart writes:

Cord Cutting Is Hitting Comcast Harder Than Ever:

For a while there, everybody's least favorite cable company, Comcast, was weathering the cord cutting revolution fairly well. The company's losses on the cable TV side could simply be recouped over on its broadband side, where a monopoly protected it from having to actually, you know, try.

Things have shifted. Last year, Comcast saw a record 11 percent of its customer base cancel their Comcast cable service in favor of streaming video, over the air broadcasts, or free services like TikTok. And the company lost lost 440,000 traditional video customers in the fourth quarter of 2022 alone, a big bump over the 227,000 customers it lost in the last three months of 2021.

[...] At this rate Comcast may, someday in the not so distant future, be required to actually try.

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Original Submission

• Re:Cable is like piston engines (Score: 0, Insightful) by Anonymous Coward on Saturday February 04, @06:54PM

  by Anonymous Coward on Saturday February 04, @06:54PM (#1290283)

  ICE engines are far from obsolete. There are still plenty of improvements to be made and synthetic fuels can cut emission to near 0. They are still the best way to move. Not that you would notice when all you see is your own needs. The hell with the rest of the people and their needs, right?

  Parent

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