Last Friday the FCC released its Annual Report to Congress on Video Competition (via Technology360) and it revealed a few interesting facts. Cable subscribership decreased over last year’s number and we’ve all seen the price increases that consumers are faced with (this past year the rate hikes were 3-7% range – well above inflation). Match that with the 10% increase in revenues from cable companies saw over the last year (AP, via FreePress) and you can see why consumers are clamoring for real choices for cable. Price increases, profit increases, service quality decreases. In most other markets, the consumer could just walk away and find a new provider. Congress needs to act on franchise reform so next years FCC report shows the impact competition can bring to consumers.