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Basic Cable Prices Increased At Four Times Rate Of Inflation


               
2014 May 19, 3:41am   649 views  5 comments

by zzyzzx   follow (9)  

http://arstechnica.com/business/2014/05/shocker-cable-tv-prices-went-up-four-times-the-rate-of-inflation/

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," the FCC said. The basic cable increase was four times the rate of inflation as measured by the Consumer Price Index (CPI) for the 12-month period, and substantially above inflation for the 1995-2013 measurement. "These price increases compare to a 1.6 percent increase in general inflation as measured by the CPI (All...

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1   Ceffer   2014 May 19, 3:43am  

There is justification. There is four times as much viewing shit you don't need and can never watch.

2   Tenpoundbass   2014 May 19, 5:54am  

zzyzzx says

Basic cable service prices increased by 6.5 percent [to $22.63]

That's about 95% of the reason for me cutting the cord for those lying scumbags. I don't think I've never EVER seen a $22 cable bill, going all the way back to the 80's. Sure they' say they will give you basic cable for $19.99 a month. Then will exhaust you until you are convinced that you're getting a deal of the century when you call up to argue over the $45.00++ grand total amount due.

Those ratios slide up in scale depending on the offer.

I recently bought a Samsung Smart TV, along with all of the other VOD boxes I have, I can't think of one reason to ever buy cable again.
Eventually a company will come along and make agreements with all of the networks and become a internet VOD service much like Premium cable services. All for $20 a month, and you have access to every channel in the world.

That is what Xfinity, AT&T and the Satellite Douche services are fighting tooth and nail.

They know history has them on death row.

3   MisdemeanorRebel   2014 May 19, 6:23am  

B-B-But, everybody knows companies only becoming monopolies by offering a product so amazing, there is no competition.

I mean, just look at the satisfaction customers feel with their Cable Provider!

Damn Socialist-Communist-Liberal bastards.

4   Tenpoundbass   2014 May 19, 6:39am  

This has never been a more blatant exhibit of the horrors of Companies that are competing verticals.

Like Network companies who then venture into Content. It stagnates innovation at that point. If content providers supersede the Networks capabilities in their content business. Then they'll just use their Lobbying might to get Congress to break the internet for them. Allowing them to effectively be the ultimate provider of any and every technology that uses the internet. Today it's streaming video. Next it's email, then your net aware appliances that either may or may not be sending information to a service. Eventually they can create their own services that compete with every known use of the Internet, then cripple those other companies while forcing everyone to use their product.

Those Smart anti trust son of a bitches sure knew what in the fuck they were doing. Who was the asshole that deregulated everything?

For once... It wasn't Bush.

5   Analyzer   2014 May 19, 7:46am  

Cable TV is one of the biggest ripoffs that is currently in most home.

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