Final answer:
A "movie" channel or "pay" channel is referred to as a Premium service, which requires viewers to pay an additional fee beyond the basic cable package to access movies and exclusive content.
Step-by-step explanation:
The term typically referred to as a "movie" channel or "pay" channel is a Premium service. Unlike basic service, which includes local broadcast stations and a few other channels, premium services like HBO, Showtime, and others require an additional fee beyond the standard cable package.
These services often provide access to movies, original programming, and special events, and are an additional cost to the viewer. Cable companies, such as Comcast and Time-Warner, receive subscriber fees from these premium channels, contributing to their financial success. On the other hand, tiered pricing is a strategy used by streaming media providers, like Netflix, where different levels of service are offered at varying prices, affecting user choices and purchase decisions.