Comcast Charging Internet-Only Customers $20 More in New York
Reported by The Wall Street Journal, Comcast charges internet-only customers in New York $20 more than those subscribed to a basic television and internet bundle for the first six months. The internet-only bundle is priced at $70 per month while the basic television and internet bundle is priced at $50 per month.
Comcast says the pricing is meant to target high-speed internet customers subscribed to another video provider. Cheaper pricing entices customers who normally wouldn’t want the bundled television channels to get them anyway. This is in the corporation’s best interest since it acquired a majority stake in NBCUniversal in January 2011. Not only that, Comcast also has significant shares in E! Entertainment Television, Style Network, G4, The Golf Channel, and NBC Sports Network.
Verizon and Time Warner Cable have adopted similar practices. For both providers, the basic internet and television bundle is $50 per month for the first 12 months and $85 per month afterward. The internet-only option is only $5 less at $45 per month for the first 12 months and $80 per month afterward.