Xumo will bring its first branded devices to market in late 2023, distributed by Comcast, Charter and Walmart. Additional distributors will be announced at a later date.
will be rebranded as Xumo Play, and Comcast's Flex 4K streaming device and XClass TV will be rebranded as Xumo Stream Box and Xumo TV, respectively. Xumo Play will anchor the free content offering on Xumo devices and continue to be available as an app on other streaming platforms.Under the 50-50 joint venture, which was first announced in April, Charter agreed to make an initial contribution of $900 million, funded over multiple years.
Meanwhile, Charter added 75,000 broadband customers and lost 204,000 pay TV subscribers during the quarter. The company has a total of 15.29 million pay TV customers and nearly 30.33 million broadband subscribers as of the end of the third quarter.
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