Verizon has boosted the price of its FiOS TV system by $3.04 to $42.99 for new subs, while continuing to hold to the current price of $39.95 for its current subs.
Verizon spokesman Cliff Lee says that the price change, the first since the service launched in September 2005, reflects the additional value of almost 20 more channels.
The increase takes effect in Virginia on January 14 and later in January for subs in New York, Texas, Massachusetts, California, and Maryland.
There will also be some lesser increases or $1 dollar-$2 dollars for premium channels like HBO, and some sports and movie services plus a hike of a few pennies for Video On Demand.
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Contributing editor John Eggerton has been an editor and/or writer on media regulation, legislation and policy for over four decades, including covering the FCC, FTC, Congress, the major media trade associations, and the federal courts. In addition to Multichannel News and Broadcasting + Cable, his work has appeared in Radio World, TV Technology, TV Fax, This Week in Consumer Electronics, Variety and the Encyclopedia Britannica.