Recently, Mr. Bouma ran an article where he talked about the things he saw as a big thread to Comcast and Charter (Xfinity and Spectrum) in 2023. The biggest challenge is inflation:
The number one reason new cord cutters cancel cable TV has always been to save money. With inflation making almost everything more expensive, especially many of the everyday necessities like food, gas, and utilities, more expensive cable TV has become a luxury many cannot afford anymore.
Now, many cable companies, including Comcast, have announced price hikes for 2023.
As inflation continues to grow, it has left many Americans looking at their cable TV bills and asking if they are really worth it. For many of them, the answer recently has been no and more are likely to say no.
I find that a big interesting, as inflation has really taken off in the past two years, after politicians supported by Comcast and Charter have taken office. I don't like to get political here, but you can't deny the facts. Inflation has taken off since the White House changed parties and that party controlled those two branches of the government. Those companies are well known supporters of that party. And now it's biting them in the ass. I take no pleasure in it, because it's impacting me as well.
Another interesting thing is that Comcast and Charter are joining together to launch Xumo branded venture.
Mr. Bouma has other reasons for the challenges in 2023, and you can read more there. The insight and analysis offered by Cord Cutters News is a good resource for those with more than a passing interest in their Streaming Life.
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