SHORT TAKES : Cost of Basic Cable Up 10%
- Share via
WASHINGTON — Basic cable television rates rose 10% last year, according to a report to Congress that provided new ammunition Thursday for lawmakers bent on reimposing rate regulation on cable.
Cable subscriber rates for the lowest-priced and most popular cable services in 1989 increased, on average, from $14.50 to $15.95, the congressional General Accounting Office said.
That 10% gain was double the 4% to 5% rate of inflation for the year, said the GAO, which is the investigative arm of Congress.
The average cable customer’s total cable bill went up 5% in 1989, from $25 to $26.36, the GAO said.
The biggest entertainment stories
Get our big stories about Hollywood, film, television, music, arts, culture and more right in your inbox as soon as they publish.
You may occasionally receive promotional content from the Los Angeles Times.
