Comcast Lost 477,000 TV Subscribers in Quarter 2 of 2020 | Cord Cutters News

Comcast reported today that it lost 477,000 video subscribers in the second quarter of 2020. Revenue was down by 12% from a year ago to $23.7 billion.

Broadband made up for some of those losses with Comcast gaining 323,000 broadband subscribers, ahead of analysts’ average estimate of 247,000 net additions, according to research firm FactSet ahead of today’s report.

Source: Comcast Lost 477,000 TV Subscribers in Quarter 2 of 2020 | Cord Cutters News