What Adaptation? Cable TV Prices Jumped $15 A Month In 2025
Posted: Wed Jan 15, 2025 6:20 pm
As streaming video chipped away at traditional cable TV subscriber bases, most cable giants like Spectrum and Comcast responded by raising prices and being difficult.
When confronted with growing evidence that cord cutting (defined as cutting the TV cord but keeping broadband and streaming TV) was a growing trend, most of these same executives spent years first denying cord cutting was happening, then trying to claim the only people doing so were lame man-children living in their moms’ basements.
Stodgy old cable giants have shown some adaptation. Comcast offers its own streaming service, Peacock. Charter tries to offer users a cheaper streaming-only plan. Both companies have started bundling streaming services with traditional cable offerings.
That said, they simultaneously seem absolutely dedicated to raising prices on traditional cable TV bundles in a bid to price gouge any customers looking to stick around. Cable providers on average raised rates as high as $15 last year, with several imposing two price hikes in the same year:
➤➤➤ SEE MORE @ tech dirt
When confronted with growing evidence that cord cutting (defined as cutting the TV cord but keeping broadband and streaming TV) was a growing trend, most of these same executives spent years first denying cord cutting was happening, then trying to claim the only people doing so were lame man-children living in their moms’ basements.
Stodgy old cable giants have shown some adaptation. Comcast offers its own streaming service, Peacock. Charter tries to offer users a cheaper streaming-only plan. Both companies have started bundling streaming services with traditional cable offerings.
That said, they simultaneously seem absolutely dedicated to raising prices on traditional cable TV bundles in a bid to price gouge any customers looking to stick around. Cable providers on average raised rates as high as $15 last year, with several imposing two price hikes in the same year:
➤➤➤ SEE MORE @ tech dirt