Seriously, Comcast's Evaporating Cable TV Subscriptions Don't Matter Anymore
Oft-maligned communications and media conglomerate Comcast (NASDAQ: CMCSA) recently reported third-quarter 2021 results, and another giant decline in cable TV subscribers captured headlines. 408,000 households cut the cord during the last quarter alone. That's a big number, even for Comcast.
But here's the thing: While the cable empire is milking traditional TV for everything it's worth right now, declining subscriber count doesn't really matter in the grand scheme of things. Comcast's overall customer relationships are still on the rise.
Source Fool.com
