Comcast continues losing cable subscribers to cord-cutting


Announced in a third quarter earning report earlier today, Comcast informed investors that the company lost approximately 165,000 cable subscribers between the months of July through September of 2011. While cable subscribers continue to remain the most profitable portion of Comcast business, more consumers are dropping cable service for alternative options including over-the-air channels and set-top boxes like the Roku. The average Comcast cable subscriber spent approximately $138.58 per month during the third quarter or a bit over $1,650 a year. With the combined cost of Hulu Plus, Netflix and Amazon Prime Instant just over $270 a year, it’s clear that some consumers are moving away from cable due to financial constraints. 

how to cancel cable and get tv on your pc comcast boxHowever, Comcast saw an increase of about 261,000 high-speed Internet subscribers during the same time period. This brings the amount of Comcast high-speed Internet subscribers to just under 18 million while video customers have fallen to just over 22 million. It’s likely that a portion of the cable subscribers picked up Comcast high-speed service to access online video sources. While video subscribers have decreased, the rate of decline has fallen since the previous year. During the third quarter of 2010, Comcast lost about 275,000 cable subscribers. Overall, the company posted a profit during the third quarter from a combination of cable, high-speed Internet and voice sales.

According to claims by Time Warner, the rival to Comcast believes that the majority of consumers that cancel service are doing so for financial reasons rather than moving to online video sources. However, Time Warner lost about 128,000 video subscribers in the third quarter of 2011 and gained about 90,000 high-speed Internet subscribers as well. It’s also possible that consumers have started to split services between companies. For instance, using DirecTV to provide satellite access throughout a home and signing up with Time Warner or another cable company for high-speed Internet access.

Home Theater

Dell drops $100 off this 49-inch LG 4K smart TV with a Memorial Day deal

There’s never been a better time to upgrade to a 4K TV, and that’s because Dell has slashed $100 off one of LG’s most popular 49-inch models, offering you an awesome picture from a small footprint.
Movies & TV

Here’s how to stream every game of the NHL finals online

Are you one of those die hard fans who needs to catch every minute of ice-shredding action in the 2019 NHL finals? If so, here's your complete guide to watching the Stanley Cup online.
Home Theater

The best alternatives to the Powerbeats Pro (and they’re cheaper too)

The Beats Powerbeats Pro might be getting a lot of attention but at $250, they're also a serious investment. Luckily, there are plenty of great alternatives that are great for your workout and your wallet.
Home Theater

The best TVs you can buy right now, from budget to big screen

Looking for a new television? In an oversaturated market, buying power is at an all-time high, but you'll need to cut through the rough to find a diamond. We're here to help with our picks for the best TVs of 2019.
Home Theater

Throw away those EarPods — we dug up the best headphones in every style

Trolling the internet for hours to find headphones is no way to live. Instead, leverage our expertise and experience to find the best headphones for you. Here are our favorites, with all the features you want.
Home Theater

These TVs might cost less than $1,000, but they certainly don’t perform like it

Check out our picks for the best TVs under $1,000 to enjoy top-shelf features like 4K Ultra HD, High Dynamic Range, and gorgeous image processing. Park yourself here to find the absolute best values in TV land.
Home Theater

LG’s 2019 TVs slide Alexa next to Google Assistant, with Siri on the way

LG announced that Alexa will be coming to its 2019 lineup of ThinQ A.I. TVs, joining Google Assistant. Users will be able to control their TVs and smart home devices with their remote, no extra speaker required.

Dell slashes price on this JBL Harman Kardon Allure smart speaker

Dell has knocked $135 off the Harman Kardon Allure, but there's a catch: There's a limited amount of stock available, so those wanting to scoop up one on the cheap will need to act fast.
Home Theater

What is Android TV? Google’s smart TV software fully explained

Google's Android TV might not be a household name yet, but with growing support from brands like Sony, it will be soon. But what exactly is Android TV, how do you get it, and what are the benefits? We explain it all.
Movies & TV

The best movies on Netflix in March, from Buster Scruggs to Roma

Save yourself from hours wasted scrolling through Netflix's massive library by checking out our picks for the streamer's best movies available right now, whether you're into explosive action, witty humor, or anything else.
Home Theater

Here’s how to watch The Big Bang Theory online — including season 12

We've rounded up all the best places to watch The Big Bang Theory online (and triple-checked to ensure that the entire article is free of spoilers, so there's no need to read with one eye closed).

The Best 4K TV deals for Memorial Day: Vizio, Samsung, and LG get discounts

Credit cards at the ready — there's a massive sale on 4K TVs to celebrate Memorial Day, and with pricing starting as low as $230 for a 40-inch and $330 for a 55-inch, there's bound to be something for everyone.
Movies & TV

The best shows on Netflix right now (May 2019)

Looking for a new show to binge? Lucky for you, we've curated a list of the best shows on Netflix, whether you're a fan of outlandish anime, dramatic period pieces, or shows that leave you questioning what lies beyond.

Take a gander at the best 4K smart TV deals for May 2019

A good 4K smart TV is the only way to enjoy all your favorite shows, movies, and games in glorious Ultra HD. We've got the best 4K TV deals, including a few Memorial Day weekend offers, right here.