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.
Continue Reading https://www.thestreet.com
Join the Discussion