COMCAST PROFIT SLIDES AS PANDEMIC HITS MOVIES, THEME PARKS
Techlife News|May 02, 2020
Comcast’s net income slid in the first three months of the year as the coronavirus pandemic forced it to shut down its theme parks and its movies were kept out of shuttered theaters.
COMCAST PROFIT SLIDES AS PANDEMIC HITS MOVIES, THEME PARKS

Comcast also reported Thursday that it lost 409,000 cable TV customers, the biggest source of the company’s profits, as cord-cutting accelerated. That’s already more than half the 671,000 customers it lost in all of 2019.

But it added 477,000 internet customers, which it said was its best quarterly number in more than a decade. It came as U.S. workplace shutdowns began in March and a mass work-from-home migration underscored the role home internet plays in Americans’ lives.

Americans are increasingly opting for cheaper streaming video providers that are delivered over the internet, like Netflix, which both benefits and harms Comcast’s business as an internet and traditional TV provider.

هذه القصة مأخوذة من طبعة May 02, 2020 من Techlife News.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة May 02, 2020 من Techlife News.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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