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AT&T, Charter, Others Face Call to Cut Fees in the Absence of Live Sports

By Donna Fuscaldo – Apr 29, 2020 at 3:36PM

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NY Attorney General Letitia James wants the fees cut until the pandemic is over and live sporting events resume.

New York Attorney General Letitia James is calling on AT&T (T 0.38%), Charter Communications (CHTR 0.23%), and five other satellite and cable operators to waive live sports fees given there aren't any games being broadcasted amid the COVID-19 pandemic. 

In a letter to seven cable and satellite companies, the New York AG said they should provide financial relief to consumers by reducing or eliminating fees that are due to live sports programming. 

Baseball player hitting a ball during a game.


According to the AG, the cable and satellite television providers are still charging and collecting fees for live sports programming and have balked at reducing the costs of packages that typically include sporting events. James said cable and satellite subscribers pay as much as $20 a month in extra fees so they can watch games. 

"At a time when so many New Yorkers have lost their jobs and are struggling, it is grossly unfair that cable and satellite television providers would continue to charge fees for services they are not even providing," said James in the press release. "These companies must step up and immediately propose plans to cut charges and provide much needed financial relief.

The New York AG  wants the cable and satellite providers to come up with a plan to offer refunds, discounts, and reductions of charges and fees. She also wants the cable and satellite companies to offer payment deferrals and waive termination fees, at least until live sport resumes. The other companies to receive letters from James include Altice USA (ATUS -3.07%), Comcast Cable (CMCSA -2.04%), DISH Network (DISH -0.98%), Verizon Communications (VZ -0.10%), and RCN. 

Donna Fuscaldo has no position in any of the stocks mentioned. The Motley Fool recommends Comcast and Verizon Communications. The Motley Fool has a disclosure policy.

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Stocks Mentioned

AT&T Inc. Stock Quote
AT&T Inc.
$15.73 (0.38%) $0.06
DISH Network Corporation Stock Quote
DISH Network Corporation
$14.13 (-0.98%) $0.14
Verizon Communications Inc. Stock Quote
Verizon Communications Inc.
$38.89 (-0.10%) $0.04
Comcast Corporation Stock Quote
Comcast Corporation
$30.26 (-2.04%) $0.63
Charter Communications, Inc. Stock Quote
Charter Communications, Inc.
$306.89 (0.23%) $0.69
Altice USA, Inc. Stock Quote
Altice USA, Inc.
$6.31 (-3.07%) $0.20

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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