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Comcast could lose as many as 430,000 video subscribers in 2018, analyst says

July 27, 2018 / Ben Munson

Comcast might be in store for a bumpy year, as one media analyst is predicting significant losses for the company’s video subscriber base.Macquarie Capital’s Amy Yong is forecasting Comcast’s net video subscriber losses could total 123,000 during the third quarter and 430,000 for 2018.“Competition from VMVPDs continues, accelerated by increased marketing spend; integration of third-party apps like Netflix/YouTube into the X1 platform should help,” Yong wrote in a research note.Losing 430,000 subscribers in 2018 would mark a significant acceleration over 2017, when Comcast lost a net 186,000 video subscribers, according to nScreenMedia analyst Colin Dixon. But losing 123,000 in the third quarter would represent a slight improvement over the same quarter one year ago, when Comcast lost 125,000 subscribers.