Tag: Comcast
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Comcast and Spectrum’s Streaming Aspirations Rests on a Tiny Box
The Xumo Stream Box is a small, unassuming device that both Comcast and Charter’s Spectrum have begun sending out to their subscribers in place of a traditional cable set-top box. It may also be the key to both companies staying relevant in a world where everyone is increasingly moving to streaming services. The device, which…
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DIRECTV Slams Comcast’s ‘Most Live Sports’ Claim For Peacock. But is it Justified?
When Comcast CEO Brian Roberts said on a Thursday earnings conference call that Peacock had the “most live sports of any streaming service,” it was a reiteration of a claim made on the company’s site, and one that analysts moved on without much fanfare. But DIRECTV is taking issue with that claim. “That unsubstantiated hubris…
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The Recap: Huge Cable TV Losses, Prime Video’s Ad-Free Tier Gets Priced, and More
It was another busy week of earnings, which meant a load of revelations from the various companies. It was a bloodbath for the cable companies, while the wireless companies once again saw strong growth in 5G home internet. Amazon also finally shared how much you’ll have to pay to get rid of ads in its…
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Comcast is Quietly Upgrading Internet Upload Speeds For Some Customers
Some Comcast customers are getting a speed boost as the cable giant continues to big network upgrade project. The company confirmed that customers on Gigabit Extra and Gig x2 plans will see their upload speeds double to 200 Mbps from 100 Mbps. Some homes have already gotten the upgrades, but they’re slowing being rolled out…
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Comcast’s Peacock Gives 2.8 Billion Reasons Why Streaming Prices Are Going Up
Comcast’s Peacock streaming service is on pace to lose $2.8 billion this year, according to Comcast President Mike Cavanaugh. And that’s actually good news. That’s because the cable giant originally expected $3 billion in losses before interest, taxes, depreciation and amortization for the year, Cavanaugh noted on an earnings conference call on Thursday. In the…
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Peacock Added 4 Million New Subscribers But Lost $565 Million In The 3rd Quarter 2023
Today, Comcast announced its 3rd quarter 2023 earnings report that showed it once again losing over 490,000 TV customers. Comcast did report that Peacock added 4 million new subscribers but lost $565 million. In total, Peacock now has 28 million subscribers. “We delivered strong financial results in the third quarter, while also investing in long-term…
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Comcast Lost Over 490,000 TV Customers & Lost 18,000 Internet Customers in Q3 2023 as Cord Cutting is Speeding Up
Cord cutting is continuing to hit Comcast hard as the company has recently lost both TV and internet customers. In Comcast’s 3rd quarter earnings report released this morning, the company reported it lost 490,000 video customer losses. That works out to almost 5,300 Subscribers Every Day. The company lost 18,000 broadband customers for the quarter.…
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Comcast Could Get Billions More Than Expected From The Sale of Hulu, Analyst Says
Comcast and Disney have yet to agree on a final sale price for the cable company’s 33% share of Hulu, but new data suggests the streaming service is more valuable than the two companies estimated. “Based on our conservative projection, we believe that Hulu may be valued at $45 billion,” Seeking Alpha analysts said in…
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Comcast Says It Will Continue to Offer Cable TV As Spectrum Switches to Xumo Streaming TV For New Customers
Earlier this month, Spectrum and Comcast announced a new streaming player that will let you watch your TV subscription from Spectrum streaming online alongside other services like Netflix. This new player is called the Xumo Box, following in the steps of their free streaming service Xumo Play. That was quickly followed by Spectrum announcing that…
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Xumo Partners With Mediacom To Bring Its Stream Box to Xtream Internet Customers
Cable operator Mediacom has partnered with streamer Xumo to offer the Xumo Stream Box to its Xtream internet customers. Xumo Stream Box will give Xtream customers access to a swath of free ad-supported channels along with access to several popular streaming platforms like Apple TV+ and Max, according to a release from Comcast. Xumo was…