Comcast cable Costs Planning to go higher Ahead of streaming Peacock Launching

Comcast cable prices likely to go higher in advance Comcast hemorrhaged 149,000 pay-TV clients in the fourth quarter, the 11th straight quarter of decline.

Luring them streaming programs. So Comcast is betting the How large a bet? $2 billion within the next two years.

The Peacock support is Comcast’s appeal to the developing Number of individuals cutting the cord as cable costs continue to climb.

“With the rate adjustments that we are implementing in 2020, as well as the ongoing changes in consumer behaviour, we expect higher Video subscriber losses this season,” Cavanagh said.

Comcast’s cost hikes were announced in October. Of buffering Peacock launch CEO Brian Roberts said the whole company is pivoting to the streaming world during an interview on CNBC’s “Squawk Box.”

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