A Tale of Two Betters: Comcast's Split and Charter's Consolidation The quarterly earnings reports from Comcast Corporation (NASDAQ:CMCSA) and Charter Communications, Inc.
(NASDAQ:CHTR) have sparked a debate about the future of the cable industry. While both companies struggle with declining broadband subscriptions, they're taking opposite approaches to tackle this challenge.
Comcast's streaming service, Peacock, has posted its first quarterly profit – $189 million – thanks in part to World Cup and "Love Island USA" viewership.