Cable rate freeze TBA

The FCC is expected to announce Tuesday it is extending a freeze on cable TV rate hikes beyond Feb. 15.

Sources said the freeze will likely be extended to either May 1 or May 15.

Extension of the freeze comes amid widespread reports that new FCC chairman Reed Hundt is planning to roll back cable rates well beyond the average 10% reductions announced last April. Action on the rate rollbacks will be taken at the Feb. 22 commission meeting.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More TV News from Variety

Loading