" /> Analyst Declares Cable Customers Will Pay $50/Month Of Their Cable Bill for Sports in 2013 | Stop the Cap!

Home » Consumer News »Video » Currently Reading:

Analyst Declares Cable Customers Will Pay $50/Month Of Their Cable Bill for Sports in 2013

Phillip Dampier December 27, 2012 Consumer News, Video No Comments

sharing costs of sports

The largest share of your cable bill in 2013 will go to cover just one genre of television programming: sports.

Leo Hindery, Intermedia’s managing partner, claims $50 of your monthly cable bill will cover networks like ESPN, YES, NFL Network, and a wide range of national and regional sports networks, whether you watch them or not.

Appearing on Bloomberg TV’s “Bloomberg Surveillance,” Hindery says there is no end in sight for sports programming-related rate hikes. They have increased 16% in just the past two years.

Hindery noted in the beginning sports cable networks largely covered national, pro teams. But the newest wave of networks cover collegiate sports, at prices nearly as high as ESPN charges its cable affiliates. With just about every major sport now sporting its own cable network, the possibilities and the accompanying rate increases are endless.

http://www.phillipdampier.com/video/Bloomberg Hindery Cable Sports Fees 50 Per Month in 2013 12-20-12.flv

“Next year, we will pay directly or indirectly something on the average of $50 [a month] for sports which we didn’t ask for,” Hindery said. “It’s not a-la-carte, it is part of the bundle.”  (4 minutes)

Share






Search This Site:

Contributions:

Recent Comments:

  • James Cieloha: CableOne, Service Electric, GCI, Buckeye and other NCTC members are being forced by Viacom to add the Epix movie channels in order to carry the cable ...
  • Dave Hancock: I don't know where AP lives, but in MOST areas of the country MOST people do not have any choice for High Speed Internet (15mbps or above) - it is the...
  • tacitus: That doesn't sound right. Are you in some sort of contract? Where in the country is this?...
  • AP: Good luck cutting cable if you live in an area that has one cable, internet, and phone company like I do. If you want internet or phone with the cable...
  • Dave Hancock: Soon the rest of the cable companies will follow Verizon's lead and start limiting the input bandwidth to their systems (ex: Netflix) to discourage su...
  • Milan in Austin: Cable TV is an obsolete product! I suggest everyone seriously consider dropping cable television. I cut the cord in August of 2013, and don't miss ca...
  • gsuburban: I have to agree that Verizon is not interested in providing its customers with a "clear pipe" due to the politics of peer-to-peer data sharing or what...
  • Scott: Not good, that takes away all your leverage in the situation. If you're holding the money you can work through the BBB or try and negotiate with the ...
  • Hudson Mohawk Press: We knew it couldn't last forever. Starting this month Time Warner Cable of NYC is charging Earthlink Internet customers a $5.99 modem lease fee. The w...
  • Eric: Frontier still sucks..Their service still sucks..they are still a ripofff...
  • punki: Thanks Scott, unfortunately mine is already paid......
  • Scott: Personally I'd refuse to pay, there's no way that's actual usage....

Your Account: