Faultline’s magic ball encouraged us to do something rather uncharacteristic last week, which was to strongly criticize Sky’s strange behavior of late, namely its retreat from OTT and radio silence on Sky X. This turned out to be something of an accurate fortune telling session as the Comcast-owned UK operator reported a substantial second quarter revenue plunge of 15.5% to US$4.1 billion. Sky’s seemingly resilient revenue structure has suffered more than most during the pandemic. Meanwhile, Comcast execs must be staring at Charter’s results in bemusement, at how its cableco rival (loosely) managed to completely buck the trend by attracting over 100,000 new pay TV subscribers (see separate story in this issue). Sifting through Comcast’s earnings call transcript gives the…