Posted on 04/25/2025 5:09:52 AM PDT by bert
Trends favor cord-cutting and switching to streaming services, leading to customer losses. Comcast's Peacock service saw growth, but remains unprofitable after five years. Universal Studios' earnings dropped in part due to the California wildfire. It's the time of year when Q1 earnings reports are starting to trickle in, and much like Verizon's recent report that showcased significant subscriber losses, Comcast is also feeling the pinch, with a report detailing customer losses across paid TV and broadband (via Bloomberg).
While it's not all bad news, Comcast’s Peacock service saw some growth, it's still not a profitable service after five years. Ouch. Cutting the cable television cord has been a trend ever since Netflix started offering streamed online content all the way back in 2007.
Consumers were no longer beholden to cable providers to get their movie and TV show fix, and this trend is still growing with no expectation of it stopping.
So when Comcast drops an earnings report that details it lost 427,000 Pay-TV customers, it may not come as a surprise. But if you're thinking Comcast is cleaning up by picking up new broadband subscribers as they switch from cable to streaming services, you'd be wrong, as Comcast also lost 199,000 domestic broadband customers in the last quarter.
And things only get worse from here. Like many companies that want to keep their content on their own services, Comcast's Peacock streaming service exists to pick up those cable customers leaving for greener streaming pastures. And while the Peacock streaming service saw 41 million new subscribers in the quarter, with revenue rising 16% to $1.23 billion, this sum still failed to hit a projected $1.3 billion, leaving Peacock unprofitable (for its fifth year in a row) with a $215 million adjusted loss for the quarter.
(Excerpt) Read more at msn.com ...
Our two newer Samsungs come with Samsung Plus free, which we thought was cool at first. But we never watch, although it has a very good channel lineup. It’s the “old fashioned” format in that nothing can be recorded. It’s live TV.
Maybe there’s and old fashioned way to record similar to when that could be done on VHS, etc.
I tried that for years. He wouldn't budge. I set up streaming for me when we got Spectrum but kept him on DTV. He had Alzheimer's and Lewy-Body and couldn't learn to stream. He eventually got where he couldn't use the DTV remote he used for decades but I kept it until he passed away last February. I cancelled DTV last month to save money.
It is a hard break -my father won’t take the leap but is intrigued with what I have for free.
One of my friends is going to purchase a new tv with all of the lineup channels program and I am going to walk her through it. The cost of her tv with the free channels is equal to a month and a half of cable costs.
Our total monthly is $55 for the ISP and no other services. Worked out just fine. As to phones, $22 monthly for each of us. Just don't need "them." Walked away. Strolled, really.
I stream over ROKU boxes which are a conduit for a ton of FREE channels/content. Also, I have OOMA VOIP phone service that costs $8/month - includes free long distance.
Total monthly cost for Internet, Sling, Free channels, House Phones - $118.
I have access to a ton on movies and shows. I can't see paying a cable provider or paying for expensive streaming channels whose content for me is mostly unappealing.
I get the internet. Youtube tv will be cancelled now that Trump’s first 100 days are soon over as well as the NFL Draft.
The draft has become such an extravaganza I can’t stand it. The picks ‘are in’ but they still have to hold up the announcements for some woke messages first. Think of all the windows you have to close before reading any article on the internet. I guess the younger consumers don’t mind.
Just last month I dropped Dish in favor of YouTube TV. Saved me $100/mo. I have ATT Fiber for my Internet. Also have Prime TV. Would love to have access to Dr Who, but no way I am paying for Disney+.
We dumped cable 7-8 years ago and never looked back. I think our TV is in the garage. We watch everything online on our tablets.
Aside from the page-associated occasional pop-up -- subscribe and the like, which disappear by clicking elsewhere on a page -- we're not experiencing what you seem to. I use Brave, mostly, though I have several other browsers in order to test web pages I make. In a similar manner, I use multiple search engines, "depending on."
All are set to "bank" and empty home pages, such that "recommendations" simply do not appear. Operating some small sites, I am amused to find coders trying all sorts of tricks to gain "eyes on."
Ever notice that some pop-ups place a boxed X cancel only after a few seconds? It is assured that more new tricks are on the way, because we are their "access," their data and their marks. Be skeptical and cautious, that's good advice. Best wishes.
same here
i cut as a cost saving measure in 2007 when i had a period of unemployment
when my young son did not complain
no reason to go back
and every reason to not fund the leftist channels
good for you
Comcast is great for low income households where you can get service for about $20 a month.
We’re still on Comcast because our paradise on the coast is too remote for any other provider. Basic internet with no TV. I can count on one hand the hours of shows I stream per month, but my trophy wife needs her shows...
We had Cox for internet & basic cable & that was around $250 per month so we dropped cable & pay $110 for internet plus YouTubeTV. Google Fiber is in the process of moving into my neighborhood and that’ll save me another $50 bucks per month.
the Peacock streaming service saw 41 million new subscribers in the quarter
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I don’t believe that. Maybe they have 41 million total subscribers and I’d bet a large portion are on a low cost 3 month trial. People cut cords only to realize they are being subscribed to death with too many services. It is unsustainable imo. There needs to be a couple of mergers.
I you are into old Dr episodes there is a free 24/7 live streaming Dr Who channel that Roku and other streaming apps have.
Might even be able to watch them on your pc i dunno..
I HATE Commiecast.
Cox - $300/mo, connection, internet, phone, second-tier tv. All a la cart. Cox guy made a bit of a face when I was turning in the equipment. He asked “Ideatek?” and I said yeah. Told him service was great, costs just got out of hand. Hopefully he passed that on. Enough complaints may get the problem fixed.
Ideatek - Connection and internet merged, add the phone, $97/mo.
Sling $60-something. Local outfit, central Kansas. They buried fiber out my place about a year ago, finally started doing installations about beginning of this year.
No complaints about the Cox service, it just got to cost too much for what I was getting.
Ideatek has been great so far.
Nephew out in semi-boonies Alabama went with the Starlink (Musk) connection, as the local outfit is fairly unreliable. He’s getting 200 to 300 M downloads and is very happy with it. That one runs him $120/mo. (Yeah I checked with him)
I cut the cable for content in 2016.
I cut the cable for internet service in 2022.
Fixed wireless is great if you are near a tower.
I pay 50 a month for downloads of 150 to 200mps without any modifications like a MIMO antenna.
Plus I get the MLB package for free which saves me around 12 dollars a month.
I’ve got 30 something channels with my OTA HD antenna mounted in the attic.
My wife likes several shows only accessible with streaming (or cable) so I’m constantly looking for the most economical streaming service with recording capability.
We like youtubetv but they are about to tick me off with raising the monthly cost to the point I’m gonna end service.
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