Comcast pays back overdue franchise fees to get city’s merger approval

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Comcast has been going across the country seeking city-by-city support of its Time Warner Cable acquisition, giving local governments a chance to ask for favors in exchange for approving a franchise transfer. In Minneapolis (MN) the process turned up an unpaid bill of $40,000, so Comcast will have to pay the city money it already owed in order to get the franchise transfer.

Comcast will also throw in $50,000 worth of free service and equipment. Thirty Minneapolis city buildings will get free basic cable for the next seven years as part of a package of concessions the city wrung out of Comcast in exchange for blessing its proposed merger with fellow cable giant Time Warner. Comcast has also agreed to pay Minneapolis $40,000 in overdue franchise fees after an audit found it underpaid the city for its use of the public right of way over the last three years.


Comcast pays back overdue franchise fees to get city’s merger approval