Cable prices keep rising; customers keep paying

The resiliency of cable in the Internet age is all the more remarkable considering that prices have risen 77 percent since 1996.
(From The New York Times)

Cable prices have risen 77 percent since 1996, roughly double the rate of inflation, the Bureau of Labor Statistics reported this month.

Cable customers, who typically pay at least $60 a month, watch only a fraction of what they pay for--on average, a mere 13 percent of the 118 channels available to them. And the number of subscribers keeps growing.

The resiliency of cable is all the more remarkable because the Internet was supposed to change all things digital. Technology has led to more choices and lower prices for news and music as well as cell phone and landline minutes--not to mention computers, cameras, music players, and phones themselves.

And ATT raise their prices of U-Verse as well.

For anyone signing up for U-Verse now. You will be paying $20 dollars more a mouth since they have discontinued their $10 bundle discount and the free 2 stbs early adopter offer.

So What next price hikes for U-Verse, No more free DVR and Free Installation. And Will ATT tack on addition fees for WHDVR, Muli HD Streams, Media Room And those stb Apps like flickr, yahoo games, peg channels.