Comcast's $110 Billion Debt Disaster...What Happened?
Comcast is one of the most recognizable cable TV providers and media companies in the world, but not necessarily for good things. In fact, Comcast regularly ranks as one of the most hated companies in the world year after year. Their customer service is quite underwhelming and their prices are quite high. The only reason most people use Comcast is because they’re the only option available to them. This has only made the entire situation worse as Comcast knows that they don’t have any competition, meaning no reason to actually keep customers happy. Despite this, it does seem like Comcast is facing good amount of deserved karma. They’ve been trying to take on Disney for quite some time now, which has just burdened them with a bunch of debt as they invest into new acquisitions and expansion efforts which haven’t exactly paid off. This video explores Comcasts various missteps in the recent years and what this could mean for the company's future.
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Timestamps:
0:00 The State Of Comcast
0:48A Tyrant With A Monopoly
5:13Comcast vs Disney
9:28The Cost Of Losing
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Logically Answered is centered around explaining the economics of tech and social media. These sectors are generally analyzed through the lenses of finance and economics to determine which industries and companies will thrive and which will fall. In addition to this analysis, the content is often focused on the stories of various famous entrepreneurs such as Elon Musk, Steve Jobs, and Jeff Bezos. Logically Answered also cover the rise and fall of several interesting companies and services that we come across on a daytoday basis. There have been so many companies that have risen to fame and then died out in a single generation. The most interesting companies are the ones that were able to save themselves and avoid bankruptcy. Feel free to follow the podcast if you would like to see any of these topics Logically Answered.Find Logically Answered on YouTube: https://www.youtube.com/@LogicallyAnswered/Disclaimer: This podcast is an independently created audio adaptation of content originally published by Logically Answered. This is a fan made podcast that appreciates the channel’s insightful approach to knowledge and aims to make it accessible to those who prefer listening over watching. This podcast is not affiliated with, endorsed by, or officially connected to Logically Answered in any way. All rights to the original content belong to Logically Answered. If you have any concerns, please reach out.
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