Cord-Cutters’ Savings Shrink as Online TV Services Raise Prices - News Summed Up

Cord-Cutters’ Savings Shrink as Online TV Services Raise Prices


The cable industry is undergoing a major transformation, as more Americans cut the cord on their cable subscriptions and flock to streaming services like Hulu and Netflix. So how did we get here? Illustration: Shaumbe Wright/WSJOnline television bundles are getting bigger and prices keep rising, edging closer to the cable bundles they were designed to replace and muddling the economic equation that has prompted millions of Americans to cut the cord. YouTube TV, started two years ago as a lower-cost alternative to cable, said this week it was raising its monthly rate by $10 to $50 and adding channels such as HGTV and Food Network. T-Mobile US Inc., a wireless carrier that has been looking to jump into the video business, said it would start selling...


Source: Wall Street Journal April 11, 2019 16:48 UTC



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