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Comcast Bucks Trend, Adds 43,000 Video Subscribers
by Karl Bode 09:09AM Tuesday Jan 28 2014
Comcast has released the company's fourth quarter earnings, which indicate the company posted net income of $1.91 billion on revenues of $16.9 billion. More importantly perhaps for Comcast, the company reversed the overall cable sector trend of video losses by adding 43,000 video subscribers during the fourth quarter (though they still lost 305,000 on the year). Comcast executives claim that deployment of their updated X1 platform, which is gradually making its way to all Comcast markets, was largely to thank for the subscriber boost (it's worth noting that reports suggest Comcast may license the X1 to Cox). Comcast also added 379,000 broadband and 227,000 Internet voice customers on the quarter.

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ITALIAN926

join:2003-08-16
kudos:2

Dire?

When you guys post these stats, you should include percentages. 305,000 sounds like an awful lot until you realize just how large Comcast is. Dont they have like 25million subs?
jeff17

join:2000-12-11
US

This is huge....

Way to go Comcast!

anonomeX

@comcast.net

Re: This is huge....

Woohoo! 26 steps back*, one step forward--absolutely cause for celebration.

(*26 straight quarters of losing TV subs, since 2007)

anonome

@verizon.net

Hmmm, what-to-do... what-to-do...

I can pay $62.95/mo. for HSI alone or I can pay $63.95/mo. for HSI + TV + fees & taxes...

hmmm, what-to-do... what-to-do...

nnnn

@suddenlink.net

Re: Hmmm, what-to-do... what-to-do...

pretty much the same happened to us with Verizon Fios. It was actually cheaper to get TV+ Internet + Phone than it was to just get Internet + Phone

anonome

@verizon.net

Re: Hmmm, what-to-do... what-to-do...

There's the "getting", and then there's the "keeping". They try to suck you in with the pretty [cheap] ribbons and bows on the bundle packages; then they hit you over the head with the full prices after the promo period.

One thing, though, about the old Comcast HSI=HSI+TV (the way it used to be): you actually had local TV channels on the coax anyway (whether you knew it and used it or not), so they were charging you for it. Now, it either is or will be locked down so that you can't get those channels without their box. This would be a good thing if it actually resulted in a differential price break (as if).
elefante72

join:2010-12-03
East Amherst, NY
Mine was $70 Internet, or $75 INternet + SelectHD. It was a no brainer.

In any case the press are idiots because the order of margin (profit) to operators is

HSI >>> Phone >> TV

It is actually better for their gross margins to LOSE TV subs. So the HSI and voice subs are WAY more profitable than the TV people.

It's simply the press operating in the 20th century and not having a clue.

The ONLY reason TV is sticky and they bundle it as such is because the older demographic may consider it an anchor product where the newer demographic, only HSI. So they make all their margins on their platforms (STB leasing).

You do Tivo, WMC, etc and just get a cablecard you are a drag on their margins for TV. Luckily they make it difficult so not many people actually save that money because of the effort.
pkorx8

join:2003-06-19
San Francisco, CA

1 recommendation

Re: Hmmm, what-to-do... what-to-do...

I went from $63 for HSI performance 25Mbps to
~$45 "double play" basic cable with free DTA box and HSI 50Mbps (Blast!), for 12month promo.

I have not hooked up the DTA box or do I ever intend to. I have a OTA antenna from cutting the cord 2 years ago.

As much as I don't want to be with Comcast, there are no better alternatives. I want to be with Sonic Bonded DSL, but at 3X the price, Sonic is still maxed at 1/4 the speed of Comcast.

This is how Comcast is actually gaining video subs!
Millenium

join:2013-10-30
kudos:1
Given all the commercials it ought to be free. In fact, It's so bad that HSI+TV ought to cost less than stand alone HSI.

Sat/Cable is garbage.
wchillman

join:2011-11-20
Gig Harbor, WA
Reviews:
·Comcast
said by anonome :

I can pay $62.95/mo. for HSI alone or I can pay $63.95/mo. for HSI + TV + fees & taxes...

hmmm, what-to-do... what-to-do...

Or you can pay $49/95/month with no taxes, fees, or surcharges for Performance Starter which is sufficient to stream in HD.

anonome

@verizon.net

Re: Hmmm, what-to-do... what-to-do...

3mbps down and 768kbps up? for $50? (Yeah, I'll jump on that--sounds like my old Verizon DSL from almost 10 years ago, but it only cost $30/mo. Of course, the DSL was 3/768 24/7/365; Comcast would get sooooo slooooow in the late afternoons and evenings even though it was [supposed to be] 4mbps down [and 384kbps up]--the DSL was always "faster" than the HSI.) Over the first 2 years (contract) it's cheaper to get Performance for $30 [promo pricing] the first year and $55 the second.
wchillman

join:2011-11-20
Gig Harbor, WA

Re: Hmmm, what-to-do... what-to-do...

No. You are probably looking at Economy Plus. Performance Starter is advertised at 6/1 but really clocking in at 7.5/1.3. More than enough to stream in HD with little to no buffering.

anonome

@verizon.net

Re: Hmmm, what-to-do... what-to-do...

Yep, you be correct. (I breezed through the page a week or two ago--not paying that much attention except to the "$29.99 promo" pricing.) I just went back to look at the plans again [memory is the first thing to go they say]--$40 for the Economy (3/768), $50 for the Performance Starter (6/1). Still, the promo is a better deal for the 2 years of the contract period (as it should be).

Internet access has become pretty much just another commodity item, yet still too expensive relative to what it costs the ISPs to provide--a reasonable profit has become unacceptable to them (all of them, except the ones doing something like what Google is doing with its Fiber [so far]). [Stop the Internet! I want to get off. </rant>]

newview
Ex .. Ex .. Exactly
Premium
join:2001-10-01
Parsonsburg, MD
kudos:1
Reviews:
·DIRECTV
·Comcast
said by wchillman:

said by anonome :

I can pay $62.95/mo. for HSI alone or I can pay $63.95/mo. for HSI + TV + fees & taxes...

hmmm, what-to-do... what-to-do...

Or you can pay $49/95/month with no taxes, fees, or surcharges for Performance Starter which is sufficient to stream in HD.

Except if you refuse to take their kool-aid, and opt for HSI only, they charge you an additional $15.00 per month extortion fee on top of that $49.95 per month fee.
wchillman

join:2011-11-20
Gig Harbor, WA
Reviews:
·Comcast

Re: Hmmm, what-to-do... what-to-do...

said by newview:

said by wchillman:

said by anonome :

I can pay $62.95/mo. for HSI alone or I can pay $63.95/mo. for HSI + TV + fees & taxes...

hmmm, what-to-do... what-to-do...

Or you can pay $49/95/month with no taxes, fees, or surcharges for Performance Starter which is sufficient to stream in HD.

Except if you refuse to take their kool-aid, and opt for HSI only, they charge you an additional $15.00 per month extortion fee on top of that $49.95 per month fee.

In 2012, Comcast was ordered by the FCC to offer a stand-alone broadband service with a download speed of at least 6 mbps at a price no greater than $49.95 per month. This order was extended to February 21, 2015. There is no additional $15/month fee. BTW, Performance Starter, while advertised at 6/1, has received an unadvertised speed increase in our area and is consistently clocking in at 7.5 down and 1.3 up. More than enough for us.

newview
Ex .. Ex .. Exactly
Premium
join:2001-10-01
Parsonsburg, MD
kudos:1
Reviews:
·DIRECTV
·Comcast

Re: Hmmm, what-to-do... what-to-do...

said by wchillman:

In 2012, Comcast was ordered by the FCC to offer a stand-alone broadband service with a download speed of at least 6 mbps at a price no greater than $49.95 per month. This order was extended to February 21, 2015. There is no additional $15/month fee. BTW, Performance Starter, while advertised at 6/1, has received an unadvertised speed increase in our area and is consistently clocking in at 7.5 down and 1.3 up. More than enough for us.

Ahhh ... so this is the tier that the FCC recently settled an $800,000 lawsuit for failing to "visibly offer and actively market" standalone broadband internet access as part of the NBC merger agreement. I suspect that as soon as the terms of that agreement expire, you'll see that $15.00 fee, which currently applies to all other tiers.

FureverFurry
Premium
join:2012-02-20
Wyoming, MI

Re: Hmmm, what-to-do... what-to-do...

$800k lawsuit ... no wonder SO many people are being charged lease fees for modems they own. Someone's gotta pay that fine (and pay for that new building) ...!
JBT

join:2002-12-06
Tucson, AZ
Same here Blast!, Econo HDTV, and HBO for $65. I can't do anything to drop my price unless I want to lower my internet speed. HBO is "bundled" forever, unless of course I change my plan....

X1plus

@google.com

X1 finally gives Comcast competing STB vs sat companies

Comcast needed the X1 to give them a platform that can compete with those of the satellite providers. It still has some bugs according to tech forums, but is a huge improvement over their old STB on-screen guide systems. Maybe it will stop the losses to DirecTV & Dish.

anonome

@verizon.net

Re: X1 finally gives Comcast competing STB vs sat companies

It's probably the new, contoured, downright-pretty XR* remote--it just feels so good in your hand... like a TiVo! (Yeah, the "interface"--that's why they buy into the video packages.)
norm

join:2012-10-18
Pittsburgh, PA
kudos:1

Re: X1 finally gives Comcast competing STB vs sat companies

Maybe it doesn't matter to you, but it matters to me. I TRIED Comcast in my area and the video STBs they have here are now two generations old compared to the X1. Slow, clunky, difficult to read, and overall just terrible.

anonome

@verizon.net

Re: X1 finally gives Comcast competing STB vs sat companies

The old ones were crappy, yet one could get used to them (not like there was much choice). 8-10 years ago the DirecTiVo was pretty much the gold standard for subscribed services (h/w & interface). I guess the X1 is more that but updated for the now (as opposed to being some descendant of the old STBs), which is--sure--a good thing. But it still wouldn't be something to convince me to subscribe again. I'm not a "devoTeeVee".
elister

join:2006-07-17
Seattle, WA

Might be misleading.

I always sign up for TV service in August, just for the NFL/NCAA season, then cancel service after the Superbowl.
LowRider

join:2006-06-23
Douglasville, GA

Canceled and now I pay less and get more

Was paying $60 for 50megs, now I get that plus about 45-60 channels for $56. Canceled a few days called up telling them I needed service. I got the new customer pricing

anonome

@verizon.net

Re: Canceled and now I pay less and get more

I thought it was (used to be?) something like 6 months that someone had to wait before being considered "new" again. Maybe it's just one of those cracks that you slipped through? (Maybe they're just happy now having anyone wanting to give them any money at all?)
LowRider

join:2006-06-23
Douglasville, GA

Re: Canceled and now I pay less and get more

Na me and my mom did it when I moved out and she took over the bill. I cancelled she signed up and got the new promo as did I when I signed up the same day... not sure if its because AT&T is in my area but it works. Tried canceling over the phone this last time and they wouldn't budge on price so I dropped them and reordered.