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One week to drop your HOT or YES subscription

YESFlash: if you’ve been thinking about canceling your HOT cable or YES satellite subscription to save money but have been locked into a yearly contract, you have one week in which you can do so without a penalty. The HOT smalldeadline is January 9 for HOT and January 12 for YES.

The reason is what’s being called the “Hallmark Clause.” According to the regulations of the Council for Cable TV and Satellite Broadcasting, reported in today’s Jerusalem Post, any time a service provider decides to remove a channel from their listings, customers have the right to cancel their subscription, provided they cite the removal of the channel as the reason.

The Hallmark channel was removed last week, triggering the clause, but ironically it wasn’t HOT and YES that wanted to drop Hallmark. Hallmark’s parent – NBC Universal – pulled it off the airwaves due to lack of revenue.

Another reason you might want to consider dropping your tie to cable or satellite: there is proposed legislation that will allow the two to broadcast commercials. If advertising on Channels 2 and 10 is any indication, that means a lot of long and intrusive breaks in the middle of movies and TV shows. Yech.

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Posted in Saving Money. Tagged with , , .

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