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Mediacom Communications Company Correspondence Copyrighted December 17, 2018 City of Dubuque Consent Items # 21. ITEM TITLE: Mediacom Communications Company SUMMARY: Correspondence from Lee Grassley, Senior Manager of Government Relations for Mediacom Communications Company, informing the City of rate adjustments being implemented on or about January 1, 2019. SUGGESTED DISPOSITION: Suggested Disposition: Receive and File ATTACHMENTS: Description Type MCC Correspondence Supporting Documentation � J s �_----�.. ,'I : � Med i�tcom � ����1 �c������� November 28, 2019 �$ ��'� �� A� i�i 0 I i � y ,, ���:�� ���r�'� �#fi�� �,� ����,t�s��, �A ,� Mr. Kevin Firntahl � „ City of Dubuque �� 50 W. 13th Street ' !; Dubuque, lowa 52001-4864 �! � , ;! Dear Mr. Kevin Firntahl: �� The purpose of this letter is to inform you that, on or about January 1, 2019, Mediacom will be i, implementing the following rate adjustments:1 i ,� Product: Old Rate: New Rate: Net Change: Local Broadcast Station 12.16 14.64 2.48 $ $ $ Surchargez II'; RegionalSports $2.97 $3.34 $0.20 Surcharge Family N $76.12 $78.12 $2.00 Prime TV $92.12 $94.12 $2.00 � The decision to make price adjustments is always a difficult one.We are very reluctant to raise video ,' prices because, when we do,we lose subscribers. However, cable and satellite companies are ! constantly being pressured by the programmers we buy from to pay more for the channels we carry. �� The fees we pay to retransmit local broadcast stations like ABC, CBS, FOX and NBC are by far our fastest � growing programming cost component. All told,the fees charged by broadcasters, according to SNL ' Kagan,grew from $800 million to$10 billion annually or 1150% between 2009 and 2018. i The problems with sports programming is equally as alarming. One look at the skyrocketing rights fees ! announced with recent deals and it is easy to see that the marketplace for live televised sports is out of ` control. Broadcast networl<s and national and regional sports networks are shelling out billions of dollars � for the rights to the NFL, NBA, MLB, NHL,the Olympic Games,World Cup and NCAA football and ;i basketball. Unrestrained spending has become the hallmark of the sports programming business, and � I the American consumer,whether a sports fan or not, is left to pay the price. � ( In an effort to bring more transparency to the unjustified fee increases being taken by the owners of ; broadcast and sports television channels, Mediacom previously introduced a Local Broadcast Station � Surcharge and a Regional Sports Surcharge. By identifying the cumulative fee increases being taken by i i i 'Depending on the terms of each customer's promotional package,these rate changes may not impact a customer � until their current promotional package expires. ! z Mediacom bills monthly in advance. As a result,the increases for both the Local Broadcast Surcharge and �� Regional Sports Surcharge are based on our best estimate of the cost increases our company will incur for broadcast � and regional sports programming. Mediacom will"true up"customer bills in a subsequent month if it turns out that ; our estimate was too high or too low. ' �i i I I � � i li II� ii these channel owners,we hope to draw the attention of consumers and their elected representatives to ;, this rapidly escalating problem. � �; ii Despite the challenges we face, Mediacom has continued to aggressively invest in the communities we ;i serve.As part of a 3-year, $1 billion capital investment plan that began in 2016,virtually all of the 3 !!, million homes and businesses across Mediacom's 22 state footprint now have access to 1 Gig broadband '� speeds. �;I In addition, Mediacom has broadly launched a low-cost internet service for low-income customers ! �� featuring 10 Mbps download speeds for$9.95 per month. The service, called Connect2Compete, is I; offered in partnership with Everyone0n and is available to families with students participating in the National School Lunch Program. Additional information is available at www.mediacomc2c.com. i, h Mediacom appreciates the opportunity to continue to serve your community's telecommunications � ii needs. If you have any questions, please contact me directly at 319-395-9699 ext. 3461 or i� Igrassley@mediacomcc.com. �� p �i Yours sincerely, ;% ,� � � � Lee Grassley Senior Manager, Government Relations �';'i il � � � I, i � V 1 r II f i I f � � � i __ ___ _. _...__. __... ___ __ i � 2�Page i� f � i ; �