Clear93° WeatherClear93° Weather

Magic channels number: 17


WINNER: Florida job creation

The state added 22,500 private sector jobs in April, a 33 percent jump from March, according to payroll firm ADP.

LOSER: Pasco County development hopes

Investment firm T. Rowe Price cancels a plan to build a campus near Land O'Lakes that would have brought 1,600 jobs to the county.

A new study by Nielsen shows that while the typical American household has almost 200 cable channels to choose from, viewers watch only about 17 networks on a regular basis. The number of available channels has grown tremendously since 2008, when the average home received 129 channels. Now it's 189. However, the study also confirms that more channels does not necessarily mean more channel surfing. The 17-channel figure has remained in place despite the increase in outlets to choose from. The study will give more ammunition to media watchdogs and consumer activists who argue that consumers should have more choice in determining what channels they receive. The television industry has resisted calls for so-called a la carte programming, arguing that it would not necessarily lower bills unless programming costs went down, too.

— Los Angeles Times

Looking ahead: Unemployment, consumer price reports due Thursday.

Magic channels number: 17 05/09/14 [Last modified: Friday, May 9, 2014 3:22pm]


Join the discussion: Click to view comments, add yours