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eggboard
Premium
join:2000-11-18
Seattle, WA

Cable firms pay 5% of gross revenue

NYCwireless is forgetting that the cable firms are already paying 5% of gross revenue as a franchise fee. This is a side deal over and above that.

iansltx

join:2007-02-19
Austin, TX
kudos:2
No kidding. So if you're paying $50 per month for internet $2.50 of that goes to NYC gov't. Pretty sweet deal for them (the gov't).


fifty nine

join:2002-09-25
Sussex, NJ
kudos:2

1 edit
Cable modem service or internet service in general is not subject to franchise fees. This is based on a FCC ruling.

iansltx

join:2007-02-19
Austin, TX
kudos:2
Ah k.


SSidlov
Other Things On My Mind
Premium
join:2000-03-03
Pompton Lakes, NJ
reply to fifty nine
Cable TV service does pay franchise fees. And in most home/apts around here that's $50-100 a month once the deals run out. A few years ago an audit showed that TWC applied the fee incorrectly and NYC got an extra $7mill payment.

»www.nyc.gov/html/doitt/html/busi···le.shtml
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