cordcutting Archives -
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…
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
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…