Spectrum Cable Raises Rates for Subscribers

Charter Spectrum is raising rates for customers who use its cable services.

According to the Democrat & Chronicle, The Stamford, Connecticut-based company is increasing the price of some of its packages to help offset higher programming costs.

Customers affected by the change will pay an additional $2.95 for the company's broadcast TV surcharge. Customers who subscribe to TV-only packages will pay an extra $1.50 per month.

The increase will kick in starting with the Aug. 5 billing cycle.

"Spectrum is committed to continuously enhancing our communication products, providing customers value-driven, superior connectivity services," Spectrum spokesperson Lara Pritchard told Democrat & Chronicle.

"Conversely, programmers annually raise programming fees to deliver the same content, leading to higher costs across the entire industry. The increase we are passing through to viewers is a direct result of these rising programming costs."

According to Syracuse.com, Charter Spectrum customers who subscribe to plans for internet, phone, and mobile service will not see a rate increase.

Spectrum is just one of several broadcast and streaming companies that are raising their rates. NBC recently launched its Peacock streaming service, joining a crowded field of companies targeting Americans who have ditched traditional cable services.

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