The cord-cutting trend doesn’t appear to be hurting Comcast–yet. The cable giant brought in $74.5 billion in sales in 2015, an increase of more than 8% from the year before. An investment in improving customer service and revamping its set-top box line appears to be paying off: In the first quarter of 2016, Comcast added 53,000 subscribers (now totalling 23 million). And while its not-so-long-ago failed bid for Time Warner Cable was a blow, it recently snagged a smaller yet strategic consolation prize–in April the Philadelphia-based company picked up Hollywood’s DreamWorks Animation studio for $3.8 billion, beefing up its arsenal on the increasingly important content side.
News about Comcast
The review of around 1,000 pages of media regulations may begin in late May.
Proposals for weaker regulation expected shortly.
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Carrier is in a "formidable position."
A win for Comcast, AT&T, and Verizon
Videos about Comcast
Tech Debate looks at both sides of the arguments and what it means to consumers.
CEO Brian Roberts says it’ll launch next year