Comcast Unexpectedly Drops Broadband Subscribers As Peacock Losses Narrow

In recent quarters, analysts have kept an eye on losses for Comcast’s
CMCSA
Peacock, whose big gains in subscribers have not been enough to offset more than a half-billion in losses with each earnings call.

But with Comcast’s third quarter earnings out, another concern stole the spotlight from Peacock—an unexpected decline in broadband subscribers that, like Peacock’s financial situation, tells a lot about the current state of the media industry.