Happy New Year: Your cable bill is probably going up in 2016

Author:
Updated:
Original:

Customers who pay for cable or satellite TV will likely see their bills go up next year.

Several companies, including Time Warner Cable, Comcast, Dish Network, DirecTV and AT&T U-Verse, have announced increases in monthly bills early next year, according to reports.

Customers could pay up to $10 more per month, depending on their provider and the market they live in, the International Business Times says.

Here's a look at how much more customers could be paying in the new year:

  • DirecTV and AT&T U-Verse customers could see rates go up $2-8 a month starting Jan. 28, NBC News says.
  • Dish Network is pricing its programing bundles between $2-$8 more per month starting Jan. 14, NBC notes.
  • Time Warner Cable is bumping up prices as much as $10 a month, reports say. (It is also increasing rates for broadband services and cable modem rentals, among other things.)
  • Comcast customers will see prices go up an average of 3.9 percent, NBC says.

(In many cases, customers who subscribed to a promotional service won't see prices go up until their promotional period is over, reports note.)

The main reason you'll be paying more? Higher programming costs, service providers say, and they're just passing on that cost to consumers, according to Fortune.

In an effort to attract viewers who are ditching cable and satellite for Internet streaming services like Netflix, Amazon and Hulu, programmers are spending more to create quality TV series and to obtain the rights to air sporting events, Bloomberg says.

Programmers are passing on those costs to TV providers by charging more to carry their channels, and in turn, some of those costs are being passed on to consumers, reports say.

The International Business Times detailed this more in an article this fall, saying TV's terrible fall has contributed to customers having to pay more for TV service.

TV subscribers on the decline

In a recent survey, Pew Research Center found 24 percent of adults don't subscribe to paid cable of satellite TV service – 15 percent of them qualify as "cord cutters" (they have ditched paid-TV service), while 9 percent have never had cable or satellite service.

Seventy-one percent say paid-TV service is too expensive, so they don't have it, while 64 percent say the availability of TV shows on the Internet and through other sources is why they have cut the cord.

Next Up

covid-19, coronavirus

Record 101 COVID-19 deaths reported in Minnesota

The figures are from Wednesday, with no update provided on Thanksgiving.

Screen Shot 2020-11-27 at 9.29.12 AM

Target reveals its 'Cyber Week' online deals

The sales will run from Nov. 29 to Dec. 5.

Minneapolis police

Mayor Frey, Minneapolis police chief reveal new 'no-knock' policy

The new policy for Minneapolis Police Department was announced Wednesday.

Teddy Bridgewater

Coller: It's a what-if Sunday with Teddy Bridgewater's return

Matthew Coller writes a weekly Vikings column for BMTN, with more of his work found at Purple Insider.

Ambulance hospital emergency

15-month-old girl's death being investigated by police in Fargo

The child died four days after being found unresponsive.

PD Shimmers closeup

Man with Parkinson's lights up Plymouth with synchronized light show

"The best medicine I have for my disease is what I try to do with the light show," Mike Justak said.

Screen Shot 2020-11-25 at 7.34.43 AM

Watch: Drunk squirrel in Minnesota captures the world's attention

The squirrel was immediately cut off after nearly tipping over.

Screen Shot 2020-11-25 at 7.15.09 PM

Small town gym refusing to close facing lawsuit from attorney general

The gym is facing a lawsuit and a temporary restraining order to halt their operations.

credit card, payment

Money Gal Coaching: Bouncing back after living your best life

Kelly Blodgett started Money Gal Coaching after paying down nearly $50K in debt in 18 months.

Related