FCC Rules Cable Cards Are No Longer Mandated

Episode 1726 (03:13)

Cable Card

This week, the FCC ruled that cable cards or "navigation devices" are being eliminated from their mandated reporting requirements. The FCC has determined that at less than a half-million users, with it dropping by 50,000 every year, it is no longer required for cable companies to have to report them or support them.

Leo says this is just another unintended consequence of the inevitability that cable companies are slowly going away in favor of over the top streaming networks. More and more people are cutting the cable in favor of streaming, so we're witnessing a seed change that will end up with cable companies becoming internet-only companies.

Will this make getting your entertainment cheaper? NO. Not at all: just an evolution. In fact, it's leading to internet access being more expensive.