[BC] Subsidy For Digital TV?

[Rich Wood]

------ At 06:45 AM 10/21/2005, Tom Dimeo wrote: -------

>I can't believe I heard this right!  On the news this morning
>there was a report that there is a proposal to subsidize the
>purchase of a digital converter for people who have older
>television sets.  I wasn't listening closely but that
>certainly got my attention.  I think the report said there
>are twenty-one million people with older television sets who
>won't be able to receive the new digital television format.

It'll probably cost less to give the boxes away than they'll make in 
auctioning the spectrum. Even if a household has an HD set, there are 
probably several other sets in the house that will be obsolete, 
unless fed by cable. I'll bet this will be a windfall for cable systems.

Rich