Comcast faces cord-cutting risks as new TV content dries up [MSN Money]
Comcast Corporation - Class A (CMCSA)
Last comcast corporation - class a earnings: 4/30 07:00 am
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Source: MSN Money
© Getty ImagCost-conscious consumers looking to cut back on their household exps as the COVID-9 outbreak rocks the U.S. economy may take aim at pay-TV plans, warns Oppheimer’s Timothy Horan, putting Comcast Corp. at risk.Load ErrorThe company is “the most exposed” to this scario as it gerat perhaps half its revue from legacy TV, he wrote in a note downgrading Comcast’s stock (CMCSA) to perform from outperform.The cord-cutting issue becom pecially critical amid uncertainti about wh television production can pick up again and wh sports leagu will rume competition. With the pottial that new contt will be lacking for some time, consumers might be all the more willing to part ways with pay-TV subscriptions that cost upwards of $00 a month.“The mix of eyeball time to time shifted contt is being accelerated by COVID-9, and we believe the street is undertimating video subscriber loss,” Horan wrote.Don’t miss:Comcast warns that coronavirus could have a ‘material adverse impact’ on rultsOther
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CMCSA
Earnings
- 10/30/25 - Beat
CMCSA
Sec Filings
- 12/3/25 - Form 8-K
- 11/21/25 - Form 4
- 11/21/25 - Form 4
- CMCSA's page on the SEC website