American cable television watchers have to wait a bit longer to unload the burden of their set top boxes.
The Federal Communications Commission was supposed to vote today on a proposal allowing cable subscribers to access TV through a free app, much like other media content. Minutes before the meeting, however, they removed the vote from the agenda.
FCC Chairman Tom Wheeler hasn’t been able to get consensus on a proposal that would oblige cable operators to provide content through a device other than the set top box.
The delay comes as good news to the set top box business, which brings in more than $20 billion a year in rental fees, according to the Wall Street Journal. The average cost to consumers is $231 a year.
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.
Donate now to get almost any thank-you gift.