"Charter Communications Faces Stock Plunge and Subscriber Losses Amid Disney Dispute"
TL;DR Summary
Charter Communications lost 257,000 pay TV subscribers in Q4, partly due to a dispute with Disney, but now surpasses Comcast as the largest U.S. pay TV operator. The company also reported a bigger-than-expected loss of 61,000 broadband customers, but saw growth in its mobile business. Charter and Comcast rolled out the Xumo streaming platform and are focusing on broadband services in rural markets. Charter's stock was down more than 10 percent in early Friday trading.
- Charter Loses 257K Video Subs in Q4, “Partly Driven” by Disney Dispute, but Now Tops Comcast Hollywood Reporter
- America's New Cable-TV King Almost Gave Up on Television The Wall Street Journal
- Why Spectrum parent Charter’s stock just had the worst day in its history MarketWatch
- Charter Stock Plunge Worsens By End Of Trading Day After Quarterly Earnings Miss, Surprising Broadband Losses – Update Deadline
- Charter Communications (NASDAQ:CHTR) Tanks on Big Q4 Miss - TipRanks.com TipRanks
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