On January 1, 2016, the New York Times published a story titled “Media Streaming Devices, a Billion Dollars in Loss” by Michael P. Rupp.
The article quoted a former executive at Comcast, who said that the company lost nearly $500 million from cable-based video streaming devices over the last year.
The executive was referring to the amount of money that Comcast lost from streaming devices.
The source cited a New York State Department of Consumer Affairs report that stated that the New Yorkers were paying nearly $300 a month in fees for the devices.
A spokesperson for Comcast stated that these devices were only $15 a month, and that the companies revenues from them totaled $4.8 billion in 2017.
On February 2, 2016 the Associated Press reported that Comcast, a major player in the cable-TV streaming market, was losing $2.6 billion a year on device sales.
This number does not include the fees that Comcast charges for those devices, which are the main reason why the number of devices was so high.
The AP reported that the average device cost $149.
The New York Post reported that on January 26, 2017, Comcast was reporting that it was losing more than $5 billion a month on device revenues.
In response to the New Yorker article, a Comcast spokesperson told the Associated Statesman that Comcast had not lost any money on device revenue.
In February, the Wall Street Journal reported that a Comcast executive claimed that the amount that Comcast was losing was in the billions of dollars, but the company had not yet provided details on what that figure actually was.
A Comcast spokesperson declined to comment.
On January 27, 2017 The New Yorker published a report titled “Comcast Exec: Cable-TV Streaming Devices Are Worth $2 Billion a Year,” by David Carr.
The piece cited an executive at a large media company who claimed that Comcast and Time Warner Cable had lost $2 billion a day on device transactions.
The person cited a $2 million revenue loss per month on the number that Comcast reported, which was $1.7 billion a quarter.
On May 2, 2017 the Washington Post published a similar article titled “Failed Cable-Streaming Devices, Cable-Watching Devices Lead to $3 Billion Loss in the U.S.,” by Robert Barnes.
The report quoted an executive from a large cable-television company who said the company was losing nearly $3 billion a week on device-related revenue, as well as an analyst who said Comcast was making a loss on its cable-streaming business of $2,200 a day.
The exec cited a company executive who said there was “zero revenue from video streams and all revenues have gone to fees and the device fees.
That is just ridiculous.
If we lost money, it’s because we have bad products.”
On May 23, 2017 Bloomberg Business reported that Cablevision had also reported that it had lost nearly half of its device business, due to the failure of devices to capture and monetize video on their own.
The company stated that it reported that revenue in the second quarter was $5.9 billion, up 6 percent from the same quarter a year ago.
Cablevision’s CEO, Dan Hesse, said that they have invested $2 and $3 to $4 billion in new product lines to improve the service and that they are in the process of raising $10 billion in capital.
In addition to the $2billion loss, Cablevision reported that they had lost roughly $1 billion in device revenues for the year.
In June, the WSJ reported that Netflix had reported that its cable television streaming business had lost a total of $4 million in the first three months of 2017.
The WSJ also reported on a report that Netflix said that its video business was down by $3.7 million in 2017 compared to the same period in 2016.
On July 2, Fox Business reported on an internal Comcast memo that stated: Comcast lost $4,000 per subscriber in Q2 2017 compared with the same time period a year earlier.
This is a significant amount of loss because the cable business lost $3,000,000 of subscribers during the same three months last year and is projected to lose $5,000 in Q3.
This suggests that the loss of customers is not as big as previously thought.
The memo noted that the losses were due to lower usage in Q1 2017 compared by Netflix to Q2 last year, and also attributed this to the increase in video usage in 2017 that began with the launch of the new HBO Go streaming service.
In 2017, the average monthly cable subscription in the United States was $49.90, according to data from the Consumer Federation of America.
The number of households with cable subscriptions increased from 1.9 million in 2016 to 2.4 million by 2021.
Cable-based television viewing accounted for nearly half the growth of the American population, according the Census Bureau.