Here’s Why You’re Paying $200 to Rent a Clunky TV Set-Top Box
Todd Shields for Bloomberg: Imagine watching TV without paying the cable company for the blinking set-top box, using a gadget of your choice that makes it easy to switch between cable channels, streaming programs and online shows.
The idea, simple in concept, is proving difficult in execution.
U.S. Federal Communications Commission Chairman Tom Wheeler is pushing a plan to force cable companies to give up their control over set-top boxes, "unlocking" the marketplace as he puts it.
But he’s drawn opposition from lawmakers in both parties, not to mention some of the most active corporate lobbyists in Washington. Comcast Corp. and the cable industry -- which stands to lose $20 billion a year in box rentals -- say it’s unnecessary and are fighting it. So are Hollywood studios, DirecTV owner AT&T Inc., and CBS Corp. Even a fellow commission Democrat said Wheeler’s plan set for a Sept. 29 vote is flawed. Cont'd...
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