Comcast and Spectrum, two of the biggest cable providers, are struggling. They lost a ton of TV and internet customers in the third quarter of 2024 because people are ditching cable for streaming and cheaper internet options.
A report from Cord Cutters News says that even though Comcast and Spectrum are losing customers, both companies are still making money. Spectrum is doing well with its mobile phone service and overall internet revenue, while Comcast is making more money per internet customer and growing its own mobile service.
My Streaming Life began as a supplement to cable. It didn't remain that way, and I dropped cable in January 2011. Others seem to feel the way I did. Basically, cable is becoming less popular, and these companies are trying to find new ways to stay in business.
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