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| October 22, 2018

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cordcutting Archives -

Viacom shares rise despite earnings declines magnified by cable-TV cord-cutting

August 10, 2018 |

Viacom Inc. touted its turnaround story Thursday but delivered fiscal third-quarter earnings that exposed the challenges of consumer cord-cutting — and just how much work the company must do to right the ship.

For the quarter ended June 30, revenue declined nearly 4% to $ 3.2 billion for the media…


L.A. Times – Business

Cable TV’s Cord-Cutting Woes Deepen, Highlighting Divergence With Netflix

April 27, 2018 |

Charter Communications’ sour results delivered further evidence that stepped-up cord-cutting and slower broadband customer growth are putting telecom companies at a disadvantage to tech giants like Netflix.
WSJ.com: US Business

Comcast signs up more cable TV subscribers, bucking the cord-cutting trend

October 27, 2016 |

Cable television colossus Comcast Corp. gained customers in the third quarter, bucking industry trends, and its broadcast of the Rio Summer Olympics hauled in $ 1.6 billion in revenue.

Comcast announced Wednesday that it added a net 32,000 cable television subscribers during the July-through-September…


L.A. Times – Business