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Technology subcommittee reports progress on five‑year Comcast franchise renewal; 5% fee, PEG support included
Summary
The Technology and Utilities Subcommittee reported a negotiated five‑year franchise renewal with Comcast that includes the statutory 5% franchise fee on video revenue, PEG support and continued complimentary use of the institutional network (INET) for the city during the contract term.
A City of Lowell subcommittee updated the full council on negotiations to renew the cable franchise with Comcast of Southern New England, describing a five‑year agreement that includes the maximum statutory franchise fee and provisions supporting public, educational and government (PEG) access.
The Technology and Utilities Subcommittee report said the proposed contract includes a 5% franchise fee on gross video revenues, a 50¢ per subscriber fee, and a side letter to…
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