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.

Product Review

Apex Legends' unique gameplay is the battle royale revival we needed

Apex Legends has amassed incredible popularity, bringing features and an approach that we haven’t quite seen before. We’ve decided to see if it still shapes up a month later.
Movies & TV

Disney completes its $71.3 billion purchase of 21st Century Fox

Now that Walt Disney Company has closed its $71.3 billion purchase of 21st Century Fox's movie and television assets, what does this future hold for franchises like X-Men, the Fantastic Four, The Simpsons, and the rest?

There’s more space on MySpace after ‘accidental’ wipe of 50 million songs

MySpace is no longer a safe refuge for music and media produced in the 2000s. It said that almost any artistic content uploaded to the site between 2003 and 2015 may have been lost as part of a server migration last year.

Free yourself! How to unlock a phone from the icy hands of your wireless carrier

Do you want to know how to unlock a phone through your carrier or a third-party service like DoctorSIM? Regardless of which way you want to go, we've compiled a list of requirements and methods for doing so.
Movies & TV

The best movies on Amazon Prime right now (March 2019)

Prime Video provides subscribers with access to a host of fantastic films, but sorting through the catalog can be an undertaking. Luckily, we've done the work for you. Here are the best movies on Amazon Prime Video right now.
Movies & TV

'Prime'-time TV: Here are the best shows on Amazon Prime right now

There's more to Amazon Prime than free two-day shipping, including access to a number of phenomenal shows at no extra cost. To make the sifting easier, here are our favorite shows currently streaming on Amazon Prime.
Movies & TV

How Laika blends 3D printing and CGI to make mesmerizing stop-motion movies

With each film, Laika Studios pushes the bar higher for stop-motion animation. We explore Laika's latest techniques for its new adventure, Missing Link, which the studio it calls a Kaleidoscopic travelogue that ranks as its most ambitious…
Home Theater

Need to get rid of an unused Netflix profile? Just follow these simple steps

Need to delete an unwanted profile from your Netflix account? It's easy to do, no matter what kind of equipment you've got. Check out our handy how-to guide for step-by-step instructions.
Home Theater

You can now watch four PlayStation Vue streams at once on a single Apple TV

PlayStation Vue subscribers can now watch March Madness in style via Apple TV, which can now stream up for four separate games to your TV at once, making it easy to catch all the on-court action.
Home Theater

Apple's Airpods 2 could be released as early as this week

Apple may release new AirPods in the first half of 2019. A wireless charging case, health sensors, water resistance, and better Siri integration are some of the improvements rumored to be part of the new package.

Amazon drops price of 65-inch Sony 4K Smart TV by $300 for March Madness

You can get a fantastic 65-inch Sony LED TV for $300 off right now, in what's best described as the perfect TV deal to lead you and your living room into this year's March Madness tournament.
Home Theater

Smart speakers are about to get an IQ bump thanks to new Qualcomm chips

Qualcomm announced a new chipset that is designed to make the next generation of smart speakers sound, listen, and connect better than ever before, and it could soon be in your living room.
Home Theater

What year is this? Apple might drop a new iPod tomorrow

After two days of surprise hardware releases that have brought us new iPads and iMacs, rumor has it that we may see an update of Apple's iPod as soon as tomorrow, sparking a mixture of nostalgia and curiosity.
Home Theater

Dish TV customers can access up to 13 NCAA March Madness games in 4K

If you're a basketball fan looking to get your fix of NCAA Championship action in 4K, Dish TV will be airing up to 13 of the tournament games in the ultra high-def format, starting on Tuesday.