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Comcast, Dish, AT&T Pay-TV Hikes Coming In 2016

Cable TV, of course, did not predate Benjamin Franklin. But had technology evolved faster, the American statesman and scientist could have said only three things are for certain: death, taxes and rising monthly cable TV bills.

That’s right, cable TV bills are going up again, says a Bloomberg report, which surveyed Comcast (NASDAQ:CMCSA), Time Warner Cable (NYSE:TWC) and Cablevision Systems (NYSE:CVC), as well as satellite TV broadcaster Dish Network (NASDAQ:DISH) and AT&T (NYSE:T).

Pay-TV companies continue to hike prices amid the rise of “cord-cutting” — disconnecting cable TV service and substituting Internet video — as well as cord-shaving, in which consumers buy smaller packages of TV shows. Rising programming costs, especially those for live sports, have been passed onto consumers.

According to Bloomberg, here’s what’s coming next year:

Time Warner Cable is raising its sports programming fee by $2.25 to $5 per month and its broadcast programming fee by $1 to $3.75.

Comcast, the biggest U.S. cable company, will increase its broadcast fee by $1.75 to $5 and its regional sports fee by $2 to $3. Overall, Comcast customers’ bills will increase on average by 3.9% in 2016.

Dish subscribers will pay $2 to $8 more per month on TV packages.

AT&T’s U-Verse customers will see a monthly increase of between $2 and $4, while satellite-TV provider DirecTV, bought by AT&T this year, will increase its monthly bill between $4 and $8.

At Cablevision, bills will go up by 2.9% on average.

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