Comcast's (CMCSA) fourth-quarter 2021 earnings are expected to have gained from growth in broadband subscriber base.
Live sports are the cornerstone of the pay-TV bundle, but sports fans have an increasing number of options for watching their favorite teams without subscribing to traditional pay TV. Not only is Walt Disney (NYSE: DIS) adding more content to its ESPN+ service every quarter, Sinclair (NASDAQ: SBGI) is planning to launch stand-alone streaming services for the regional sports networks (RSNs) it operates. If consumers can stream sports without a pay-TV subscription, does the cable bundle stand a chance of surviving?
Netflix (NFLX) adds 8.28 million subscribers in the second quarter of 2021, missing its expectation of 8.5 million additions, thus reflecting growing competition.