TechCrunch reports that more than 275,000 Comcast customers cut the cable TV cord last month, and Comcast is blaming the economy:
During the earnings call, Comcast blamed the drop on the lousy economy. Always a handy excuse. Sure, many people are struggling right now, and it makes sense that the high cost of cable is an expense they can no longer afford. Comcast said, based on exit interviews, only a ‘small number‘ seemed to cut the cord for over-the-air signals, and they are not planning to switch to internet tv alternatives.
In related news, Comcast's Xfinity (Fancast) service went live, and if you're not a HBO or Showtime subscriber the choices for movies are pretty weak, like Hulu's.
Update: As Dave Zatz points out, not all of the cord-cutters have left Comcast for online-only services. Some might be moving to competitors like DIRECTV, Verizon FIOS, AT&T U-verse, etc.