Video: David Lazarus on Time Warner Cable’s gift to itself--more of your money

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Consumer columnist David Lazarus says Time Warner Cable subscribers are being hit with another rate increase. It seems to be a holiday tradition.

A company spokesman says the latest increase reflects higher programming costs as well as overall improvements to the company’s service. But Lazarus asks, why are these rate increases higher than the rate of inflation? Next year’s Time Warner rate hike for basic cable is 5%, compared to the government’s estimate for inflation of 1%.

Here’s David’s column: Time Warner Cable’s gift to itself: More of your money

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--Pat Benson