- A report from the FCC indicates basic cable TV prices have risen at a rate 4X the rate of inflation over the last 18 years.
- In the last year alone, the average cost of basic service rose 4.6% to $63.03.
- What to watch: The FCC report, which is full of details on the impact of pricing in "non-competitive" markets, is likely to be referred to during discussion in Washington DC on the Time Warner Cable (TWC)- Comcast (CMCSA) merger.
- Related stocks: CVC, CHTR
- Full FCC report (.pdf)
at Zacks.com (Nov 17, 2014)