Cablevision Raises Price on Video Product Lines for 2005

Nov 19, 2004  •  Post A Comment

Cablevision Systems on Friday said it will raise prices by an average 2.8 percent across its video product lines in 2005, but repeated its commitment to holding firm on the rates it charges for its high-speed data and telephone services.

The price hike, which takes effect in January, is slightly less than the 3.2 percent increase Cablevision implemented for 2004. It marks the second year in a row that Cablevision has opted not to raise the price of its high-speed Internet and phone service, with monthly rates of $49.95 and $34.95, respectively.

The company also said it would hold at $9.95 a month the price to upgrade from an analog service to one of Cablevision’s digital-cable packages, and said its digital-cable package rates won’t increase next year.

The price increase will help finance continued investments in customer service and network improvements as well as offset a 15 percent increase in programming fees.

In addition to the higher rates, Cablevision said it will add to its Family Cable package channels currently unavailable on certain systems. Those channels include HGTV, Food Network, Sci Fi Channel, Travel Channel, FitTV, WE: Women’s Entertainment, C-Span 2, Court TV and Fox News Channel.