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Article: Cable dodges rate regs.(cable television broadcasting industry)
- Article from:
- Broadcasting & Cable
- Article date:
- July 27, 1998
- Author:
CopyrightCOPYRIGHT 1998 Reed Business Information, Inc. (US). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Hill is more talk than action on issue of rising prices
A lot of smoke and not much fire.
When it all clears out this week, Senate Commerce Committee Chairman John McCain (R-Ariz.) will have held another hearing examining cable rates; House Telecommunications Subcommittee Chairman Billy Tauzin (R-La.) will have introduced a bill intended to keep cable rates down, and consumer advocate Gene Kimmelman will have told Congress that cable rates are increasing at three times the rate of inflation.
But the cable industry still won't have to worry about any new regulation from Washington this year.
Congress has been trying to come up with a way to ...