A few days have gone by in 2020 and there’s already some bad news for all of us! Most of the Cable TV Service providers have made it known that there will be price hikes. The top cable TV providers like AT&T, Spectrum, Comcast & Dish Have announced Cable TV Price Hike.
Earlier in 2019, we saw cable TV price hikes for TV customers, although most of the users switched to a cheaper option. Still, some users stood with their Cable Tv providers after the price hike.
All You Need to Know About Cable TV Price Hike
It’s not just cable TV, some streaming services have also increased their prices recently. The prices have increased somewhere between $1-$10/month. All those who deemed cable too expensive turned towards cord-cutting but now Streaming services have seen a significant price hike.
Spectrum has issued a statement addressing the price hike. Earlier in October Spectrum raised their Cable TV prices, making this hike the third one for the last 12 months.
AT&T, Comcast, Dish & Spectrum have stated that because of increased programming rates, they had to up the price for Cable TV Services. This means the channels have increased their programming costs, which in turn led to a price hike.
What’s The Alternative For Cable Price Hike?
In recent years, traditional Cable TV Pay services have seen a major drop in the number of subscribers. In the last year alone, almost 20% of all US households got rid of traditional Cable TV services. Streaming Services became the reason for losing subscribers. Now that the prices of streaming services have also seen a rise in prices, Streaming is also an expensive option. Still, it is far less than Cable TV.
If you aren’t looking to switch to another mode of TV viewing, then you’d want to consider AT&T TV Now, It is a TV service offered via the internet. It is a low-priced cable TV mode that you can choose over traditional cable TV.
Cable TV Streaming Services
With the rise in prices, most of the major Cable TV services are now offering their cable streaming platforms. Comcast which owns NBC Universal is launching a streaming service named “Peacock”. AT&T already has DIRECTV as an alternative to cable TV.
Bottom Line
What do you think about the constant cable TV price hike? Are you planning to switch to some other mode of cable TV entertainment or will you stay true to your provider? You can visit Club HDTV or Call on + 1 8553525313 for more information regarding Cable TV Price hikes and New Upcoming plans for Cable TV.