DirecTV to Raise Rates3 Jan, 2013 By: Chris Tribbey
Effective Feb. 7 DirecTV will raise subscription rates by an average of 4.5%, pointing to higher programming costs for the increases.
In 2013, the programming fees we pay to the owners of these television channels will increase about 8%, but DirecTV is adjusting the prices our customers pay on average about 4.5%,” the pay-TV operator said in a statement. “By holding firm in programming negotiations, we have been able to keep price increases below our cable competitors.”
During July 2012 Viacom channels went dark for 10 days on DirecTV during a dispute over carriage fees, where Viacom had been seeking a 30% increase in fees. The agreement gave DirecTV the option to add the Epix pay-TV channel, which is co-owned by Paramount, MGM and Lionsgate, and gave DirecTV users access to Viacom channels via tablets, laptops and other devices.