Similar to other pay TV operators, Comcast lost a substantial number of subscribers in recent years. In the second quarter of 2024, the company recorded about 13.2 million pay TV subscribers, down by nearly two million in just one year.
Pay TV market in the U.S.
Founded in 1963, American mass media conglomerate Comcast is one of the leading broadcasting and pay TV companies in the world. The Philadelphia-headquartered company has a strong presence in its domestic market, and belongs to the largest pay TV providers in the U.S. Charter, Dish TV, and DirecTV are the company’s main competitors in the American pay TV market.
Comcast's segments
Nearly half of Comcast Corporation's revenue was generated by its connectivity and platforms segment, with about 81 billion U.S. dollars in 2023. In contrast, the revenue of content and experiences, including media, studios, and theme parks, amounted to roughly 43 billion U.S. dollars.
Number of Comcast video subscribers in the United States from 1st quarter 2014 to 2nd quarter 2024
(in millions)
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Comcast. (July 23, 2024). Number of Comcast video subscribers in the United States from 1st quarter 2014 to 2nd quarter 2024 (in millions) [Graph]. In Statista. Retrieved October 30, 2024, from https://www.statista.com/statistics/497279/comcast-number-video-subscribers-usa/
Comcast. "Number of Comcast video subscribers in the United States from 1st quarter 2014 to 2nd quarter 2024 (in millions)." Chart. July 23, 2024. Statista. Accessed October 30, 2024. https://www.statista.com/statistics/497279/comcast-number-video-subscribers-usa/
Comcast. (2024). Number of Comcast video subscribers in the United States from 1st quarter 2014 to 2nd quarter 2024 (in millions). Statista. Statista Inc.. Accessed: October 30, 2024. https://www.statista.com/statistics/497279/comcast-number-video-subscribers-usa/
Comcast. "Number of Comcast Video Subscribers in The United States from 1st Quarter 2014 to 2nd Quarter 2024 (in Millions)." Statista, Statista Inc., 23 Jul 2024, https://www.statista.com/statistics/497279/comcast-number-video-subscribers-usa/
Comcast, Number of Comcast video subscribers in the United States from 1st quarter 2014 to 2nd quarter 2024 (in millions) Statista, https://www.statista.com/statistics/497279/comcast-number-video-subscribers-usa/ (last visited October 30, 2024)
Number of Comcast video subscribers in the United States from 1st quarter 2014 to 2nd quarter 2024 (in millions) [Graph], Comcast, July 23, 2024. [Online]. Available: https://www.statista.com/statistics/497279/comcast-number-video-subscribers-usa/