Matthew C Klein, Columnist

Has Comcast Stopped the Cord-Cutters?

The net change in video subscribers of America's biggest cable company has been positive for two quarters in a row.

April 22, 2014 at 8:45 PM UTC

Matthew C. Klein writes for Bloomberg View about the economy and financial markets. He previously wrote for the Economist magazine and its economics blog, Free Exchange. Before that, Klein was a research associate at the Council on Foreign Relations, where he spent more than two years studying the history of the Federal Reserve and the intellectual history of monetary economics for an upcoming book by Sebastian Mallaby. He also worked at Bridgewater Associates, where he studied the economies of Central and Eastern Europe and advised institutional investors on asset-liability management. Klein has a bachelor's degree in history from Yale University. Originally from Chicago, he lives in New York.

Comcast's new growth story. Photographer: Andrew Harrer/Bloomberg — Comcast's new growth story. Photographer: Andrew Harrer/Bloomberg

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Comcast Corp., America's biggest cable provider and one of its least-liked companies, seems to have been getting a little love lately. According to the latest earnings statement, the company added 24,000 video customers last quarter and 70,000 during the past six months. After years of slowly losing subscribers to telecommunications competitors, could this be the harbinger of good news for an industry long considered in decline?