Comcast Sees Q3 Profit Drop, Facing Comparisons With 2024 Olympics, Cord Cutting

Comcast said third-quarter profit dropped as the media-and-cable conglomerate continued to grapple with cord cutting in its flagship content distribution business and faced comparisons with last year’s Paris Olympics, when the company generated $1.9 billion in extra revenue. The Philadelphia company said it lost 104,000 domestic broadband customers during the period, bringing its total subscriber […]