Word: franchisees
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Prospects for a quiet summer in Cambridge are not good. War is brewing. Lines are drawn. Initial thrusts have been met, parried, and returned. The early private skirmishes in the argument over private vs. municipal ownership of a cable TV franchise in Cambridge threaten to erupt into a full-scale...
The outcome will be closely observed by industry and municipal officials with equal intensity, for at hand is not simply a local disagreement but an issue which poses serious philosophical, social and economic questions for both sides. Over the next few years almost 80 percent of the currently licensed cable...
Cable operators pay a franchise fee of 3 to 5 percent of gross revenue back to cities and towns. This rate is set by the Federal Communications Commission (FCC). Massachusetts law stipulates that cities can only collect 50 cents per subscriber. This means that a city like Cambridge with a...
Just as many are simply entrepreneurs. The profits can be staggering. Says one California ex-dealer: "I remember having $800,000 in cash lying around the house. Or I'd be out playing tennis and have my tennis gear in one bag and $200,000 and a kilo of coke...
More than eight months before the Breakers' opening kickoff last weekend at Boston University's Nickerson Field, the new franchise initiated negotiations with Harvard over the use of the Stadium as the town's home field. Harvard Stadium was seen by the Breakers as ideal in size and accessibility.