Comcast ‘Flexes’ its muscle to thrive in the streaming era

Poor Comcast (CMCSA). Two words never uttered by, well, anyone. But this company is building a formidable digital business. And getting almost no credit. The Philadelphia firm barely got a mention in the recent hubbub over the Disney Plus and Apple TV streaming reveals. Yet, its new Xfinity Flex competitor is built for speed, and priced for success. Let me give you the bull case for Comcast. Customers have a love/hate relationship with the cable TV industry. (I've told you my story about that.) Monopolistic practices are responsible for prices that rise continuously, along with customer service stories that make DMV workers blush. The flipside is that cable TV, as a product, works. The industry did the heavy lifting — laying fiber and getting dependable gear into the hands of consumers. Although subscription rates are ...To read the rest of Jon Markman’s article, click here...