Comcast cable prices likely to go higher in advance of streaming Peacock launchquote:Comcast hemorrhaged 149,000 pay-TV customers in the fourth quarter, the 11th straight quarter of decline. And the cable giant is bracing for more defections in 2020, its chief financial officer Michael Cavanagh said Thursday during Comcast's earnings call.
Luring them away: streaming apps. So Comcast is betting the future on its new streaming service Peacock which will take on Netflix, Amazon, Hulu, Apple TV+ and Disney+. How big a bet? $2 billion over the next two years.https://www.usatoday.com/story/tech/2020/01/23/peacock-streaming-comcast-cable-bill-may-rise-ahead-new-service/4558623002/
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