The cord-cutting trend doesn’t appear to be hurting Comcast–yet. The cable giant brought in $74.5 billion in sales in 2015, an increase of more than 8% from the year before. An investment in improving customer service and revamping its set-top box line appears to be paying off: In the first quarter of 2016, Comcast added 53,000 subscribers (now totalling 23 million). And while its not-so-long-ago failed bid for Time Warner Cable was a blow, it recently snagged a smaller yet strategic consolation prize–in April the Philadelphia-based company picked up Hollywood’s DreamWorks Animation studio for $3.8 billion, beefing up its arsenal on the increasingly important content side.
News about Comcast
Companies are offering everything from free rides to million dollar donations.
Hint: cord cutting is at record levels.
According to new stats on the most recent quarter.
Blackface comment may have been the final straw.
'While she apologized to the staff, she owes a bigger apology to folks of color around the country.'
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CEO Brian Roberts says it’ll launch next year