Wednesday July 27, 2016

Comcast Excited To Have Lost 4,000 TV Subscribers This Spring

You know things are looking grim when the best thing you can say about your TV subscriber base is that you "only lost 4,000." Then again, I guess Comcast actually does have a reason to celebrate considering that was the lowest springtime subscriber loss in over 10 years.

Why are they so psyched to have to record a loss? Well, it’s a heck of a lot better than the loss of 69,000 they had to report at the same time last yearآ… or all the other springtime losses they’ve been reporting for a very, very long time. Comcast’s specific language about it, in their statement to investors, is that "video customers net losses improved to 4,000, the best second quarter result in over 10 years."