Major FCC Study Shows Cable Bills Rising at 3X Inflation

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in internet on (#3M1)
story imageYou were wondering why your cable TV bill seems to be out of control? Because it is. That's the conclusion of a major FCC study that has just ended: the price of cable packages has been rising at triple the rate of inflation . From the study:
[B]asic cable prices increased by 6.5% throughout 2012 while expanded basic cable prices rose by 5.1% over the same period. In contrast, the general rate of inflation as measured by the Consumer Price Index throughout 2012 was just 1.6%, meaning that basic cable prices rose at more than four times the rate of inflation in 2012 while expanded basic cable prices rose by more than three times the rate of inflation.
Sound bad? It gets worse. Keep reading over at BGR , and then take the TechCrunch Four Step Plan for cutting the cord. Screw you, cable.

Everybody else is saying 4 times inflation... (Score: 1)

by unitron@pipedot.org on 2014-05-18 09:31 (#1Q0)

...but either way, the lion's share of that is what the "content providers" are charging the cable companies, who pass that cost on to the subscribers.

So despite whatever other perfectly valid reasons you might have for loathing, say Time-Warner Cable, for this you can mostly blame the company that no longer owns them, Time-Warner, along with Disney, NBC Universal (owned by Comcast), FOX, CBS, etc.
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