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Audit Report on the Compliance of Verizon New York, Inc. with Its Cable Franchise Agreement FM12-085A

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Under the franchise agreement, Verizon is to operate and maintain a cable system and deliver cable service throughout New York City. The agreement also requires Verizon to pay the City a franchise fee equal to five percent of gross revenue, which includes all subscriber revenues net of bad debts plus late fee charges, advertising revenues, commissions on subscriber home shopping purchases, and other miscellaneous items.

Agency
Subject
Report type
  • Audit Report
Date published
  • 2013-12-09