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Friday, February 6, 2009

Out of touch Washington: DTV transition delay


The DTV transition delay could end up costing over $500 million - Engadget HD:
"Earlier this week the powers that be voted to delay the DTV transition by four months to give more time for 5.8 million Americans to get ready. Part of the reason that many weren't ready though is that there weren't enough converter box coupons to go around -- something we all knew would happen a year ago. The cost to give every one of these people a coupon would've been about $232 million; but even if we would've gave them all two, it still would've been cheaper than the cost of a four month delay. Keep in mind that we're not mathematicians -- we did a few quick calculations and if you only include the costs we're aware of, this thing will cost us over $500 million"

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