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Old 07-28-2009, 09:51 PM   #1 (permalink)
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Default $40 Converter Box Coupon Program Ends Friday, 7/31/09

The Government's converter box coupon program is coming to a close at 11:59:59pm on Friday, July, 31, 2009. To apply, visit: www.dtv2009.gov. Eligible households may apply for up to two $40 coupons.

If you have already ordered your coupons and let them expire unused, you may be elgible to re-apply but must do so on or before July 31,2009.

Coupon statistics as of July 22, 2009:

Total money paid out by converter box program: Approx. $1.5 billion
Households that have requested coupons: Approx. 34.4 million
Coupons Expired: 25,167,083
Coupons Redeemed: 33,578,392
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Old 07-29-2009, 03:25 AM   #2 (permalink)
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Rumors abound. Some are that this will (eventually, though in the short-term) bring about an end to the availability of such boxes, while others project that this will finally open the door to higher quality and higher-end boxes.
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Old 07-29-2009, 06:05 AM   #3 (permalink)
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Rumors abound. Some are that this will (eventually, though in the short-term) bring about an end to the availability of such boxes, while others project that this will finally open the door to higher quality and higher-end boxes.
Only thing I would add is, if the higher quality and higher-end boxes rumor was true, what's kept them from being on the market until now? I doubt that it's because of the coupon program.
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Old 07-29-2009, 06:52 AM   #4 (permalink)
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Only thing I would add is, if the higher quality and higher-end boxes rumor was true, what's kept them from being on the market until now? I doubt that it's because of the coupon program.
Indeed that is the cause. The coupon program provided an artificially-strong market for arguably "broken" boxes, thereby undercutting the market for better boxes. Too many people were provided too much incentive to buy a "broken" box for $20 (+$40 coupon), versus spending $80 for a box that is 33% better. The vast majority of people wouldn't spend four times as much for something that is only one-third better. Instead, now, with the coupon program history, they will have a choice between spending $60 for the "broken" box, and spending $80 for the box that is 33% better. Many people will pay one-third more to get something that is one-third better.
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