Linda Hardesty The NCTA blasted a report by consumer group lobbyists claiming the cable industry artificially inflates its rates under the guise of high-programming costs. Rob Stoddard, the NCTA’s SVP, communications and public affairs, issued a statement last Wednesday in response to pointed accusations made by watchdog groups the Consumers Union and the Consumer Federation of America. “Claims about cable prices by consumer group lobbyists continue to be misleading and factually inaccurate,” Stoddard commented in a prepared statement. “Cable prices reflect cable costs, and cable continues to deliver great value for the dollar compared to every entertainment alternative.” CU senior director of public policy and advocacy Gene Kimmelman said both groups will lobby for the enactment of legislation that would empower state regulatory agencies to oversee cable rates. Kimmelman then took a jab at FCC Chairman Michael Powell, saying the CU was “concerned” that Powell was “coddling price-gouging cable monopolists.” The watchdogs neglected to factor in the $70 billion investment cable operators have made in upgrading their networks, Stoddard said. Nor did they account for the DBS threat.

The Daily

Subscribe

Meredith Shareholders Approve Gray Buy

Meredith Corporation shareholders approved Gray Television ’s proposed $2.825 billion acquisition of Meredith’s Local Media Group at a special meeting Tuesday

Read the Full Issue
The Skinny is delivered on Tuesday and focuses on the cable profession. You'll stay in the know on the headlines, topics and special issues you value most. Sign Up

Calendar

Dec 3
Cablefax Program Awards Call for Entries
Dec 7
Most Powerful Women Celebration Register to Join Us in NYC to Celebrate!
Full Calendar

Jobs

Seeking an INDUSTRY JOB?
VIEW JOBS

Hiring? In conjunction with our sister brand, Cynopsis, we are offering hiring managers a deep pool of media-savvy, skilled candidates at a range of experience levels and sectors, The result will be an even more robust industry job board, to help both employers and job seekers.

Contact John@cynopsis.com for more information.