TV PRICE INCREASE NOTIFICATION
9:06AM January 11, 2019
I am VERY DISAPPOINTED to inform all
of our TV Customers of a price increase effective February 1, 2019.
As you all have heard we have been in negotiations for the content on our TV service. These negotiations were completed with many extreme terms being negotiated out of the original proposal, but the final results of the "cost of the content" was not one of these. We are announcing the largest price increase on our content bundles in the 4.5 years we have been providing these services.
When we started 4.5 years ago our cost for Expanded Basic HD
TV was $59.95. The new cost for that same content is now $105.95.
Basic HD TV was $9.95 back then and the new cost is now $17.95. We are NOT
changing our costs or increasing our margins on our Video services. This
is an actual Content Cost increase only!
I do not see an end to this out of control cost increases from the content providers as 2019 we have multiple content negotiations coming up and in 2020, we will be in negotiations for the local "free" channels where we saw 300+% increases in the costs from the 2017 negotiations.
We are moving to recommending where you can go to get content by cutting the cord. Many of us here at Gigabit Minnesota have cut the cord and are now using an Antenna and Over The Top (OTT) Video services such as PlayStation Vue, YouTube TV, Amazon Prime, Sling TV, Direct TV now just to name a few. There are also other more specific services like Netflix, Fubu TV, Curiosity Stream and many others. We have purchased Antennas, Roku, Amazon Fire, Chromecast, Apple TV and other Set Top boxes to watch these less costly services. Watch our website for a list of options you can explore to lower your cost of watching TV. Our Fiber Internet is the best Internet available to you to switch to these new OTT services and will provide you the best user experience.