Cable TV prices keep going up as more people cut the cord

in #news7 years ago

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Cable TV prices keep going up as more people cut the cord
Cable and satellite TV providers are ringing in the new year with an unwelcome gift: higher cable bills.

Comcast, for instance, says customer bills will rise 2.2 percent, on average, in 2018. AT&T is raising DirecTV’s prices by up to $8 a month in mid-January. Smaller providers are planning increases, too.

Over the past decade, prices for TV service have risen almost twice as fast as inflation, according to an analysis of government data. Data provider S&P Global Market Intelligence says customers’ cable and satellite TV bills have soared 53 percent since 2007, to $100.98 in 2017.

Annual rate hikes are as guaranteed as death and taxes. But you can push back and trim your bill.

Why prices rise

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