While the cable industry hasn’t fessed up to how much it makes leasing set-top boxes to their customers, in July, lawmakers crunched some numbers and found that it could be a $20 billion industry, with consumers paying up to $232 every year on that equipment. Two advocacy groups are now asking the Federal Communications Commission to begin a rulemaking proceeding to reform the video set-top box market, saying cable and pay-TV companies are overcharging consumers by $6 billion to $14 billion annually. [More]
