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A major trend is continuing to shrink Comcast’s pool of customers

Customers are continuing to jump ship from cable TV, and Comcast is facing the aftermath of it as it has lost roughly 389,000 TV subscribers in the last few months of 2023, according to its fourth-quarter earnings report. The culprit of the plunge of subscribers can be attributed to cord-cutting, which is a trend where consumers have been canceling their cable TV services in favor of subscribing to streaming services such as HBO, Hulu, Netflix, etc. in an effort to save money.Related: Cable companies fight to keep the ‘cancel’ button hidden from consumers The average cable TV bill is around $20 to $145 a month, while streaming is around $6.99 to $74.99 a month, according to Allconnect. Comcast has been on a roll with hiking its prices for its TV and internet service for the past few years. Its last price hike was announced in December where the company warned customers that they will see a 3% increase in their bills on average for 2024 citing rising costs, according to Bloomberg. The company also revealed with the news outlet that its internet service alone will increase by $3 a month. In Comcast’s fourth-quarter earnings report, it revealed that in addition to losing over 300,000 TV subscribers during the quarter in 2023, it also lost 34,000 broadband customers. This is a stark increase from the 18,000 loss in broadband customers it reported in the third quarter of 2023. A Comcast Xfinity truck is photographed driving down a street. Image source: Shutterstock “While we do not expect subscriber trends to improve in the coming quarters, we do expect them to improve over time,” said Jason Armstrong, chief financial officer at Comcast, during a fourth-quarter results earnings call. Armstrong also highlighted during the earnings call that because customers are consuming more and connecting more devices in their homes where they are using applications that require faster internet speeds, the “secular trends are all moving” in the company’s “favor.” In the U.S., TV households that have “a live pay-TV service (via cable, satellite, Telco, or Internet-delivered vMVPD)” has decreased by 78% since 2018, according to a recent study by Leichtman Research Group. “The percent of U.S. TV households with a live pay-TV service waned over the past decade, with a more precipitous decline over the past five years,” said Bruce Leichtman, president and principal analyst for Leichtman Research Group.Related: Veteran fund manager picks favorite stocks for 2024
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This “Magic” Method for Threading a Needle Works Every Time

It's so clever. READ MORE...
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50% of Biden voters say Israel is committing genocide against Palestinians, poll finds

submitted by /u/jivatman to r/politics link comments
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Rice Krispies Treats Just Got the Most Delicious Upgrade with This Easy Recipe

Featuring one of America’s most beloved sandwich cookies. READ MORE...
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*F32. 85lbs to 121lbs.*

PLEASE READ. I didn't/don't have an ED, I was naturally thin, eat like shit and didn't exercise. Also I think my metabolism change over time. I'm so glad! submitted by /u/jotazepp to r/GlowUps [link] [comments]
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F32. 85lbs to 121lbs.

PLEASE READ. I didn't/don't have an ED, I was naturally thin, eat like shit and didn't exercise. Also I think my metabolism change over time. I'm so glad! submitted by /u/jotazepp to r/GlowUps link comments
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*Mercedes-Benz' is getting into an unusual new venture aimed for its discerning customers*

On first thought, the name Mercedes evokes thoughts about cool, elegant cars like the luxurious S-Class sedan or the or the large, rugged G-Glass, or G-Wagon SUV. Said cars are comfortable to drive and to ride in, but, a new joint venture allows those with the means to be able to live in such luxury. Related: The 6 strangest things Elon Musk said on Tesla's earnings call View the original article to see embedded media. Mercedes-Benz' newest luxury offering is a sleek, glass covered 65-story residential tower located in Dubai, United Arab Emirates called Mercedes-Benz Places Binghatti. Standing at a striking 1,118 feet tall, the Benz in the sky is around the same height as the Brooklyn Tower and 53 West 53 in New York City. The recently revealed supertall structure is a joint venture between the German luxury automaker and Dubai-based real estate developer Binghatti — the same developer behind Bugatti's Dubai high-rise. In a statement, the two companies say that the structure's intention is to "merge the worlds of automotive and architecture" for what they call a "holistic, connected, and desirable luxury living experience.” "By launching Mercedes-Benz Places in Dubai, we are breaking new ground by seamlessly integrating the world of Mercedes-Benz into the living environments of our customers and prospects," Mercedes-Benz Group AG Marketing & Sales Board Member said in a statement. "Our collaboration with Binghatti Properties unites expertise and trust, pioneering a real-estate experience that embodies our shared passion for innovation." View the original article to see embedded media. Located in downtown Dubai, the building features 150 "meticulously crafted" two to four bedroom residences and five penthouses that offer uninterrupted views of the Burj Khalifa. Details are sparse about specific details of the units, but photos and videos posted by attendees of the reveal event on Instagram show that initial renderings of the building's units show that it features lavish, modern furnishings. In a statement, the companies said that the building will also have "mixed-use facilities," such as restaurants, sports & wellness zones, lounges, non-automotive retail, exhibition spaces and parking. Additionally, the developers noted that key holders will also have access to a "spectrum of advanced and innovative mobility solutions," such as communal bike and scooter sharing, EV chargers, automated valet parking and chauffeur services for those who prefer to be a passenger. More Automotive:Hyundai and Kia's groundbreaking new tech is straight out of James BondWhy Mazda is going slow into electric vehiclesJeep parent blames California for an unfortunate situation Ground breaking for Mercedes-Benz Places Binghatti is slated for later this year.
[Read more...](https://www.thestreet.com/automotive/mercedes-benz-is-getting-into-an-unusual-new-venture-aimed-for-its-discerning-customers)
Mercedes-Benz' is getting into an unusual new venture aimed for its discerning customers

On first thought, the name Mercedes evokes thoughts about cool, elegant cars like the luxurious S-Class sedan or the or the large, rugged G-Glass, or G-Wagon SUV. Said cars are comfortable to drive and to ride in, but, a new joint venture allows those with the means to be able to live in such luxury. Related: The 6 strangest things Elon Musk said on Tesla's earnings call View the original article to see embedded media. Mercedes-Benz' newest luxury offering is a sleek, glass covered 65-story residential tower located in Dubai, United Arab Emirates called Mercedes-Benz Places Binghatti. Standing at a striking 1,118 feet tall, the Benz in the sky is around the same height as the Brooklyn Tower and 53 West 53 in New York City. The recently revealed supertall structure is a joint venture between the German luxury automaker and Dubai-based real estate developer Binghatti — the same developer behind Bugatti's Dubai high-rise. In a statement, the two companies say that the structure's intention is to "merge the worlds of automotive and architecture" for what they call a "holistic, connected, and desirable luxury living experience.” "By launching Mercedes-Benz Places in Dubai, we are breaking new ground by seamlessly integrating the world of Mercedes-Benz into the living environments of our customers and prospects," Mercedes-Benz Group AG Marketing & Sales Board Member said in a statement. "Our collaboration with Binghatti Properties unites expertise and trust, pioneering a real-estate experience that embodies our shared passion for innovation." View the original article to see embedded media. Located in downtown Dubai, the building features 150 "meticulously crafted" two to four bedroom residences and five penthouses that offer uninterrupted views of the Burj Khalifa. Details are sparse about specific details of the units, but photos and videos posted by attendees of the reveal event on Instagram show that initial renderings of the building's units show that it features lavish, modern furnishings. In a statement, the companies said that the building will also have "mixed-use facilities," such as restaurants, sports & wellness zones, lounges, non-automotive retail, exhibition spaces and parking. Additionally, the developers noted that key holders will also have access to a "spectrum of advanced and innovative mobility solutions," such as communal bike and scooter sharing, EV chargers, automated valet parking and chauffeur services for those who prefer to be a passenger. More Automotive:Hyundai and Kia's groundbreaking new tech is straight out of James BondWhy Mazda is going slow into electric vehiclesJeep parent blames California for an unfortunate situation Ground breaking for Mercedes-Benz Places Binghatti is slated for later this year.
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*Шевроны*

via forma full 5 https://ift.tt/LPECUmg Manage Unsubscribe from these notifications or sign in to manage your Email service.IFTTT Manage on IFTTT: https://ifttt.com/myrecipes/personal/114580525
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Шевроны

via forma full 5 https://ift.tt/LPECUmg Manage Unsubscribe from these notifications or sign in to manage your Email service.IFTTT Manage on IFTTT: https://ifttt.com/myrecipes/personal/114580525
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