The Disney-Fox merger might well make your cable bill go up
There has been significant consolidation in many industries — airlines, beer, grocery stores — but one you might want to keep an eye on is media companies, capped by the Walt Disney Co.'s proposal to buy 21st Century Fox movie and TV assets for $52.4 billion. Giant media companies that produce the TV you love are trying to get the cable and satellite TV companies that bring that content into your home to pay more, Axios media reporter Sara Fischer explains in the video below, and larger media companies have more bargaining power. If they are successful, the cable companies will add the costs to your bill.
One of the reasons your bill might go up is that the TV you love is becoming more expensive to produce — each of the last six episodes of Game of Thrones, for example, cost $15 million to make, Fischer notes, adding: "If you're not careful about watching your cable and internet bills, the costs could creep up on you." Peter Weber
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Peter has worked as a news and culture writer and editor at The Week since the site's launch in 2008. He covers politics, world affairs, religion and cultural currents. His journalism career began as a copy editor at a financial newswire and has included editorial positions at The New York Times Magazine, Facts on File, and Oregon State University.
-
Hilarious comedians to see on tour this winterThe Week Recommends Get some laughs from Nate Bargatze, Josh Johnson and more
-
A January deadline could bring the pain all over againToday’s Big Question A January deadline could bring the pain all over again
-
Political cartoons for December 23Cartoons Tuesday's political cartoons include an eye on CBS, cracking the middle class, and Donald Trump's name on everything
-
TikTok secures deal to remain in USSpeed Read ByteDance will form a US version of the popular video-sharing platform
-
Unemployment rate ticks up amid fall job lossesSpeed Read Data released by the Commerce Department indicates ‘one of the weakest American labor markets in years’
-
US mints final penny after 232-year runSpeed Read Production of the one-cent coin has ended
-
Warner Bros. explores sale amid Paramount bidsSpeed Read The media giant, home to HBO and DC Studios, has received interest from multiple buying parties
-
Gold tops $4K per ounce, signaling financial uneaseSpeed Read Investors are worried about President Donald Trump’s trade war
-
Electronic Arts to go private in record $55B dealspeed read The video game giant is behind ‘The Sims’ and ‘Madden NFL’
-
New York court tosses Trump's $500M fraud fineSpeed Read A divided appeals court threw out a hefty penalty against President Trump for fraudulently inflating his wealth
-
Trump said to seek government stake in IntelSpeed Read The president and Intel CEO Lip-Bu Tan reportedly discussed the proposal at a recent meeting
