Tuesday, March 20, 2007

$60 for analog-to-digital switch

LG Electronics said Monday it expects retailers to charge about $60 for equipment that will enable consumers to make the analog-to-digital switch on their televisions.
LG is one of three companies that have developed converter boxes to prevent analog television sets from going dark on February 17, 2009, when U.S. television stations are required to switch to digital.
Congress has set aside up to $1.5 billion to aid the digital TV transition.

All households will be eligible to request up to two $40 discount coupons to buy converter boxes until $990 million has been exhausted. Congress would then have to approve release of another $510 million for the program, but the coupons would then be limited to households that rely on over-the-air analog television.

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