7 years ago
3
Americans are paying 40% more for TV than they were 5 years ago
The cable industry is seeing subscriber losses, but that doesn't mean that prices are going down to try and lure them back. In fact, according to Leichtman Research’s annual study, pay TV subscriptions keep going up and up. Pay TV prices have gone up 40% in the last five years, according to Leichtman. In 2011, US subscribers to pay TV, on average, paid $73.63 for cable or satellite. But in Leichtman's latest study, that number is $103.10.
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That's not important. What really matters is that the executives at the broadcast providers have made massive fortunes. That's important. We are just the little people who are expected to work so that we can provide the wealth class with more unearned money. Priorities.
Everything is good as long as we have our bread and circuses.
I think it's very unfair to solely blame the cable execs, often times they have no choice but to include 10-15 sports networks from NBC, Fox and ABC|Disney or else they can't have the main channels from those networks, on top of that broadcast networks never say less people are watching my channel let me pay 25¢ instead of $1.25, they say I need $1.75 now... this leads to blackouts and the cable company gets blamed.... then again you have the cable monopoly that doesn't need to compete and owns all your home services too, so nobody is blameless...