| reply to majortom1029
Re: Can they sustain it they are not needing to subsidize multi-million dollar executive compensation packages nor do they need to spend zillions on network advertising. It is amazing just how much money a marketing department sucks out of a company.
One wonders why places such as your regional energy providers (gas/electric) ever need to advertise...heck we need to return to the days when drug companies were not allowed to advertise Rx meds on TV or non-medical professional periodicals.
But remove the marketing and huge executive wages and it is amazing what that does to decrease overhead. It leaves some minor admin costs and then of course support and maintenance. Once the cable was pulled, the infrastructure over head is repair/maintenance only. And that is not very expensive.
And don't assume the muni systems do not earn a "profit" they still need to service their debt as well as fund expansion and other projected costs. So there is a markup over exact known costs. Just no shareholder BS to deal with, only providing tax payers with the service as promised.
Back in the late-60s early 70s our small town was it's own cable provider and the service was fine. But then good old Teleprompter lured the powers that be with a myriad of promises and, of course, graft...since then it was all down hill. Teleprompter got nailed for all manner of illegal activity and eventually it has us now on Comcrap.
Of course our muni has a fiber plan too which has also experienced much of the same negative spin campaigns. So, I expect it to be a decade before we ever see a real & true fiber system here.
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