According to Ofcom, premium pay TV packages are becoming increasingly expensive. Customers subscribing to packages from BT, TalkTalk, Virgin Media and Sky, for superfast broadband and premium TV content, can now be pay more than £1,000 a year for the services.
The past 10 years has seen the average expenditure for pay TV subscriptions steady at around £40 per month; however, with providers' upselling people on fibre optic broadband and extras like Netflix, higher monthly bills will be inevitable for those tempted.
The UK telecoms regulator Ofcom states that the revenue made per user has increased during the last five years because pay-TV subscribers are now purchasing more premium products than ever before. Virgin Media currently has the highest average revenue per user at £588 a year - a 2% rise on last year. Sky's revenue has increased from £504 to £574 in four years, while BT's revenue has grown by 7% year on year and is now at £404.
If you love viewing the hottest TV shows, such as House of Cards and Game of Thrones, or just have to watch big sporting events like Premier League football matches, then you'll require subscriptions across multiple services to keep up with everything.
Buying all the services such as Sky entertainment channels, Sky Sports, Amazon Prime Instant and Netflix costs around £839 in HD, and of course, the annual BBC licence fee has to be taken into account.
Of course, most people won't pick up everything - just the bits they want. For example, some people will want Sky channels and Netflix, but no Sky Sports or Amazon Prime.
Ofcom added that while pay TV subscribers had, "experienced real-term price increases for certain packages… the choice of pay TV offerings has expanded, with new high-definition, 3D TV and online TV services."
Source: Advanced Television
Do you think your TV package is good value for money, or do you think you're paying too much? Let us know in the comments.
How would you rate broadbandchoices? Help us improve by writing a review