Your cable bill is going up. Again.The Death Spiral is when a business begins losing revenue and so, to make it up, they raise prices. Which almost inevitably means that they lose some customers and thereby lose even more revenue. So prices go up and the spiral tightens.
While facing a growing number of consumers who drop pay-TV for cheaper online alternatives, Time Warner Cable Inc., Comcast Corp., Dish Network Corp. and AT&T Inc. are all planning to increase their prices early next year -- at the risk of turning off more subscribers fed up with the rising cost of television.
And so it goes.
4 comments:
Awwwww, don't be a grinch today.. Merry Christmas!
They're in a death spiral? Good!
Yours grinchily,
The New York Crank
However, if your cable company is also your ISP, how does that work out???
The good news is that, in most cases, a replacement ISP can be found for an amount less than what the monopoly cable company was gonna jack you for after you dropped their TV/Internet bundle.
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