Tag: Comcast
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Comcast Is No Longer the Largest Cable TV Company in the United States
For years Comcast has been the largest cable TV company in the United States. Now Spectrum is king: the new largest cable TV company in the country. Spectrum’s jump to the number one spot was achieved by not losing as many customers as Comcast. Spectrum lost more than 1,018,000 million TV customers in 2023. That…
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Comcast is Laying Off 1,000 Employees at Sky As Cord Cutting Grows
Sky, Comcast’s cable TV broadcaster in the United Kingdom, plans to cut 1,000 jobs as more viewers move from satellite TV to streaming services. Cord cutting has hit the cable industry hard and resulted in layoffs and closures for many companies. In 2023, at least five cable TV companies announced they would shut down or…
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Comcast To Stop ‘Misleading’ 10G Internet Claims After Cable TV Company Loses Appeal
Comcast will stop using “10G” to describe its network following the latest recommendation from the National Advertising Review Board. Comcast said it “strongly disagrees with NARB’s analysis and approach,” but will modify its advertising to comply with the decision, according to a release from the BBB National Programs. This comes after Comcast rebranded its internet network…
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Comcast Could Lose An RSN With Contracts Set To Expire
Comcast may soon drop regional sports networks (RSN) MASN, the exclusive home for the Washington Nationals and the Baltimore Orioles. MASN is listed on the cable TV provider’s programming changes page, which lists contracts “have recently expired or may expire soon.” “Once a channel contract expires, we no longer have the right to carry that…
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Comcast Lost Over 2 Million Cable TV Customers in 2023 as Cord Cutting Hits the Company Hard
Cord cutting is continuing to see growth in 2023 and now we know how hard it has hit Comcast. Comcast lost 2,036,000 cable TV customers in 2023. The company also lost 38,676 Internet subscribers in 2023. Comcast started the year by adding more than 32,000 new Internet subscribers but lost subscribers the remaining three quarters…
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The Recap: Price Hikes and Blackouts Teased, 5G Home Internet Soars, and More
It was a busy week of earnings, which meant subtle teases of price hikes? In the first week of earnings, we got major players like Comcast, Netflix, and all three major telecom players reporting their fourth-quarter results, and the numbers are interesting. We saw a continued rise in 5G home internet service, and perhaps a…
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T-Mobile, Verizon, and AT&T Adds Nearly 840,000 5G Home Internet Customers as Cord Cutting 2.0 Surges
The three largest telecom companies in the nation, T-Mobile, Verizon, and AT&T, combined to add nearly 840,000 5G home internet subscribers in the fourth quarter, establishing the legitimacy of Cord Cutting 2.0 and posing a real threat to cable providers like Comcast and Spectrum. T-Mobile was the clear winner of the trio, which all reported…
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Peacock Lost $2.75 Billion For Comcast in 2023, and Somehow That Was Good News?
Streaming service Peacock posted a massive loss in 2023, but executives at parent Comcast have some reason to be optimistic. The service added 3 million subscribers in the fourth quarter, but posted a loss of $825 million. For the year, Peacock lost $2.75 billion. While that seems like a lot — and it is —…
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Comcast, Spectrum, and Other Cable Companies Are Getting Smarter About Fighting Cybersecurity Threats To Protect You
With data breaches a pretty regular affair and your personal information constantly under threat of getting exposed, the battle against cybersecurity gets tougher all the time. The cable industry believes it can help, and on Tuesday laid out a set of policies to allow everyone from network engineers to cybersecurity professionals to take that fight…
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NBCUniversal Buying Warner Bros. Discovery or Paramount? Comcast CEO Denies Interest in Any Deals
The media industry is abuzz with chatter about potential mergers between the major players. Comcast CEO Brian Roberts is having one of it. “While there may be speculation on what we could do next, I’d like you to hear it directly from me,” Roberts said on the company’s fourth-quarter earnings conference call. “I love the…