What's Making Cable Rates Jump So High?
from the behind-the-scenes-fighting dept
Just what we need to see – a bunch of companies trying to charge each other more money, leading to consumers getting bigger bills all the time. There have been plenty of stories pointing out that cable TV rates seem to be going up noticeably on a yearly basis. Usually, the cable companies blame it on the cable channels charging them more to carry them – and the worst culprits appear to be the sports channels who know they can get away with charging higher and higher rates, because some fans simply can’t do without their ESPN. Of course, at some point, the whole mess simply becomes too expensive for too many people, and they start to look for alternatives. You would hope that competition would help drive the prices down, but since each of the various sports is basically a monopoly, they charge high rates for the programming, and the fans want access to that programming. The end result, though, could be that the casual fan gets driven out of the market – which is something all of the major sports will eventually regret.