NEW YORK -- On the heels of a rate increase this year, DirecTV will be ratcheting up its customers' bills again next year.
"Prices will have to go up again because content costs are going to go up again," Chairman and Chief Executive Michael White said at a Goldman Sachs investor conference Wednesday.
Programming costs -- what operators pay to networks for the right to distribute their channels -- have been surging recently. It has resulted in climbing bills for cable and satellite customers and tense contract face-offs between the content creators and distributors, which have led to programming blackouts. … Read more