As more and more people cut the cord, the prices for traditional payTV will go up. It is a self fulfilling prophecy! This also means that the longer you wait to cut the cord, the more you will pay for the same old channel selection. New cord cutting technology makes it possible for you to enjoy the same programming for much less without making drastic sacrifices.
Here are a few tidbits from a recent Bloomberg article about rising TV prices and cord cutting:
- Cable and satellite providers are hoping to squeeze more money from consumers who remain loyal to their packages with hundreds of channels, Philip Cusick, a JPMorgan Chase & Co. analyst, said in a note this week, even though “this strategy could accelerate video sub declines.”
- Comcast, the largest U.S. cable company, is raising its fee for regional sports networks by $1.50 on average and its fee for broadcast channels by $2 a month, according to Cusick. Charter Communications Inc., the second-largest U.S. cable provider, recently boosted its monthly fee for a set-top box by about 50 cents and its broadcast channel fee by about $1.
You can read the entire article here: Comcast, Dish, AT&T to raise TV prices to counter cord cutting