Friday, April 13, 2012

Cable Bills to Pass $200 a month by the Year 2020

Cable Bills to Pass $200 a month by the Year 2020

Although the wages for employees in the US have remained the same, bills for cable TV services have stealthily been increasing at a rate of 6% every year. According to an eye-opening industry forecast released yesterday, the amount will pass $200 a month in 8 years time. The Director from NPD research firm Keith Nissen said, "As pay-TV costs rise and consumers' spending power stays flat, the traditional affiliate-fee business model for pay-TV companies appears to be unsustainable.".

Ubergizmo, Cable Bills to Pass $200 a month by the Year 2020

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