Friday, July 28, 2023, 1:01 PM ET|Posted by Will Richmond
In Q2 ’23 Comcast lost 543K domestic video subscribers, up from a loss of 521K a year earlier. In total, for the past 6 quarters, Comcast has lost almost 3.2 million subscribers, or nearly 18% of the 18.2 million subscribers it had on December 31, 2021, to bring it to just under 15 million currently.
On the brighter side, Peacock continues to make progress, adding another 2 million subscribers to reach 24 million. Comcast said some of Peacock’s gains are coming from Comcast video and broadband subscribers who lost complimentary access to Peacock.
Colin and I discuss these various moving pieces, along with the impact of the writers’ and actors’ strikes on both of the businesses.
Listen to the podcast to learn more (25 minutes, 58 seconds)