Independent Cable Companies Unify Against Cable TV Programmer Rate Increases
"For the first time in the history of the cable industry, cable TV companies are dropping networks owned by a large content company. More than two dozen cable companies representing almost a million TV homes recently stopped carrying all of the networks from Viacom, the owner of Nickelodeon, MTV, Comedy Central, Spike and a dozen other channels.
Viacom demanded such a large increase in monthly fees that the cable companies decided to stop carrying those channels. That is a big deal because it has never happened before," explained Gessner.
MCTV Mid-Year Rate Increase 2014
Read more from Phillip Dampier, Editor-in-Chief of Stop the Cap!
Subscribers of more than 900 independent cable companies may face an unwelcome surprise this summer in the form of a mid-year rate increase.