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Comcast cable video subscribers down 614,000 in 1Q 2023

Comcast Corporation reported results for the quarter ended March 31, 2023.

Content & Experiences
Peacock paid subscribers in the U.S. increased more than 60% compared to the prior year period to 22 million. Peacock revenue increased 45% to $685 million.

Connectivity & Platforms
Total Customer Relationships for Connectivity & Platforms increased by 82,000 to 52.5 million. Increases in international residential connectivity & platforms customer relationships and business services connectivity customer relationships were partially offset by a decrease in domestic residential connectivity & platforms customer relationships. Total domestic broadband customer net additions were 5,000, total domestic wireless line net additions were 355,000 and total domestic video customer net losses were 614,000.

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