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Cable TV Prices Rising At Four Times the Inflation Rate
An anonymous reader writes "A new FCC report (PDF) has found that U.S. cable TV prices are rising at four times the rate of inflation over the past two decades. 'Basic cable service prices increased by 6.5 percent [to $22.63] for the 12 months ending January 1, 2013. Expanded basic cable prices increased by 5.1 percent [to $64.41] for those 12 months, and at a compound average annual rate of 6.1 percent over the 18-year period from 1995-2013. ... These price increases compare to a 1.6 percent increase in general inflation as measured by the CPI (All Items) for the same one-year period.' Equipment prices rose faster than inflation, too. The report also found that the price increases weren't helped by competition — in fact, the prices rose faster where there were competing providers than in areas where the main provider had no effective competition."
Yes, we can now watch the same advertising on 300 different channels.
There will be 5,000 channels and absolutely nothing to watch.
Outside of the baby boomers generation most individuals in my age bracket (28 here) gave up on cable/satellite television due to hyper-aggressive advertising policies, price gouging, and providing little to no value over services that frankly the internet does a better job of. It is simply undesirable to watch/use in favor of essentially anything else.
The truth is there are a lot of cable cutters. The basic subscription is only to get a break on Internet. DSL and basic phone service is the same thing. My home phone has no long distance plan at all. It is redundant and expensive compaired to my Cell or VOIP which include all of US and Canada as a local call.
WIth Netflix, Hulu, etc, unless you want the sports package, why would you even have cable at all, other than to get a break on the Internet package.
Intenet without basic TV is often higher in price or not offered at all, so the basic TV added is close to zero additional cost.
I've cut Cable TV long ago. I'm not an armchair quarterback.
When working nights, and infomercials plug up the daytime TV, there is little to watch, except on Netflix. TV seasons, science, etc shows can be watched at your convience commercial free. Cable companies hate that. To keep profits up, with cord cutting, they soak the sports junkies that need real time program delivery.
The truth shall set you free!
Cable tv is loaded with useless channels that the consumer is forced to pay for. Channels that most consumers never watch and/or never heard of come with the package and contribute to the cost of monthly access. Cable providers will never allow the consumer to pick what channels they want so the only solution is to cut the cord and subscribe to services like Netflix and Hulu. The other(not so legal option) is to torrent your favorite shows.