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After Comcast announced a potential spin-off of its cable networks, where might Comcast go next and what are the implications?
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Other key metrics also topped expectations, including fewer losses of internet and cable-TV customers as Comcast promoted the Olympics on its TV networks and the Peacock streaming service.
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Comcast continued to lose broadband subscribers. The company parted with 87,000 internet customers, attributing most of the churn to the end of the Affordable Connectivity Program, a federal subsidy.
Comcast Corp. said it’s considering spinning off its cable networks into a new company as it grapples with the continuing industry-wide decline in subscribers.