Saturday 28 October 2017

Comcast, Charter can't stop cord cutting

Comcast, Charter can't stop cord cutting

It's getting ugly out there for pay-TV operators. Comcast (CMCSA) and Charter Communications (CHTR) added to the tally of third-quarter cord cutting in Thursday earnings reports. Comcast lost 125,000 video subscribers while Charter's pay-TV rolls declined by 105,000, reflecting the broader trend of Netflix (NFLX) and other streaming companies luring away traditional cable customers.
Read more: https://www.thestreet.com/story/14361688/1/comcast-charter-cord-cutting.html?source=Snapzu

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