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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."
The quantity of programming has increased with the prices
......yet the quality of programming decreases......
so (quality/quantity) * price is constant?
Don't pay for cable. There really isn't much on cable tv worth watching that can't be obtained through other legal sources.
I want to know how come my telephone line has gone from $7/month in 1997 to $32/month today, with no change in service.
Said it before, I'll say it again. The worst thing the cable company ever did was refuse to give me free TV with my internet. Been well over five years now and I am more productive and lively. Sure, there are some shows I like. I can watch them online when I want to see them. I don't need TV for anything. Let them raise rates until they fail. We don't need them.