Massive Waste of Money Clock

dkreichen1968

Moderator
Staff member
#1
Millions of people are wasting money on pay-TV subscriptions. Let’s see just how much money is being wasted. The following calculation is based on the following assumptions. There are about 100,000,000 pay-TV subscribers in the United States. 89% of the U.S. population is within the broadcast area of 5 or more free broadcast TV stations; therefore, 89% of the 100,000,000 pay-TV subscribers, or 89,000,000 subscribers, are wasting money on pay-TV. The other assumption is the average amount the subscriber is wasting is $60 per month. That means that 5 billion, 340 million dollars are being wasted on pay-TV subscriptions each month, which means that American consumers are wasting 64 billion, 80 million dollars per year, or $175,561,643 per day, on pay-TV. Since pay-TV became an obsolete technology on June 12th 2009, with the transition of full powered TV stations to digital broadcasting, Americans have wasted $121, 488, 656, 956 as of 5/5/2011.
 

n2rj

Moderator
Staff member
#2
That is assuming you watch only (or mostly) broadcast TV. There are channels you can only get on pay TV, which is why I and others pay for it. There's nothing wrong with free wireless TV mind you and you can get most of your programming from it if you don't mind missing a few shows.

And that's the key for me. I do mind missing a few shows. Cable TV is a luxury and if you view it as that you can make a decision as to whether it's worth it for you.
 

dkreichen1968

Moderator
Staff member
#3
I should clarify that this post was a reaction to the CEA's "Spectrum Crunch Clock," which is based on totally made up numbers, and purports to report the amount of economic damage that broadcasting occupying the 120 MHz of spectrum identified in the National Broadband Plan is supposedly having on the economy. The first day the clock was at $33 billion, but the next day it was at $8 billion. Yet, that isn't anywhere close to the amount of money that people are spending, even though for them the service is a pure luxury, on pay TV. And, the reality is that many of these people don't know that they could be saving the $60+ a month and getting a free service which would still provide them with most of the content they watch anyway. The reality is that repurposing resources helps certain economic groups and hurts others. The repurposing will certainly help both the establishment wireless broadband industry and the pay-TV industry while hurting potential white space users (WISPs), broadcasters, and consumers.
 
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