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Board approves Comcast franchise renewal; PEG fee lowered to 2.5% amid industry decline
Summary
The board approved the Mount Hood Cable Regulatory Commission’s recommended franchise agreement renewal with Comcast, which sets a 2.5% PEG-related franchise fee and updates franchise terms as cable subscribership declines and technology changes.
The Multnomah County Board of Commissioners approved a franchise renewal for Comcast on March 15, adopting the agreement recommended by the Mount Hood Cable Regulatory Commission (MHCRC). The agreement reduces the PEG (public, education and government) percentage from 3% to 2.5% of gross revenues for the MHCRC district and updates provisions to align with federal and state law.
Andrew Spear, staff to the Mount Hood commission and a planner in the City of Portland’s Bureau of Planning and Sustainability, walked the board through the long negotiation process. Spear summarized the landscape for cable revenues and subscribers and said the commission…
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