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The Average Cable Bill Has Increased More Than 50 Percent Since 2010
Thursday November 1, 2018. 01:45 AM , from Slashdot
According to new research, the average cost households pay for cable is now up to $107 a month -- that's a 50% increase since 2010 when cable bills were $71.24 a month. When compared to last year, it's only a 1% increase, 'thanks in large part to increasing fees for things like regional sports licensing and taxes,' reports Streaming Observer. From the report: Leichtman Research Group's data was gathered through a telephone survey of 1,152 households from throughout the United States. The research found that 78% of American households still subscribe to a paid TV subscription. That percentage is down from 86% in 2013, 87% in 2008, and 81% in 2004, but 78% is still a pretty high figure given how high cable costs continue to rise each year and how affordable streaming video services are in comparison.
Read more of this story at Slashdot.
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