Time Warner Cable lowers rates in L.A.
In an uncommon move, Time Warner Cable in Los Angeles and Orange County,
Calif., is lowering its subscriber rates, said Thomas Fiege, president of Time
Warner Cable in Los Angeles.
The company said it is lowering its prices to $39.95 per month for full basic cable
from $41.95 as a way to encourage customers to try its new video-on-demand and
subscription-VOD services.
The new services offer subscribers movies and other feature rentals 24 hours a
day, and they include VCR-like features such as play, stop, pause, fast-forward and
rewind.
Time Warner Cable said it will maintain the new lower rates until at least
the end of next year, and it will keep them close to analog rates even after expected
annual rate adjustments occur at the beginning of next year.
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Contributing editor Paige Albiniak has been covering the business of television for more than 25 years. She is a longtime contributor to Next TV, Broadcasting + Cable and Multichannel News. She concurrently serves as editorial director for The Global Entertainment Marketing Academy of Arts & Sciences (G.E.M.A.). She has written for such publications as TVNewsCheck, The New York Post, Variety, CBS Watch and more. Albiniak was B+C’s Los Angeles bureau chief from September 2002 to 2004, and an associate editor covering Congress and lobbying for the magazine in Washington, D.C., from January 1997 - September 2002.