NCTV17, the nonprofit community television station that has delivered local news to Naperville residents for nearly four decades, is in urgent need of financial support to stay viable in coming yea…
Former NCTV17 reporter Anthony Yench is seen here shooting video for a story for the Naperville-based nonprofit TV station, which is seeking new revenue sources after being hit by declining cable income and inflation cost increases. NCTV17, the nonprofit community television station that has delivered local news to Naperville residents for nearly four decades, is in urgent need of financial support to stay viable in coming years, Executive Director Liz Spencer said.
At its meeting Tuesday, the Naperville City Council unanimously directed staff to look into potential sources and options for providing extra funding to NCTV17. Councilman Patrick Kelly said that, “In general, I think that NCTV17 is a very valuable asset to the community in terms of focusing on our truly local news and presenting it in a very objective, straightforward way that people can trust. I think that’s something, on a national level, that we’re missing so that’s very valuable to have here.”
Most consequential to how the station is faring today, however, is a piece of the NCTV17 budget known as PEG funding. In Naperville, cable companies pay the city a franchise fee of 5% of their annual gross revenue, according to city spokeswoman Linda LaCloche. In addition, those companies also pay the city a PEG fee of 1% of their annual gross revenue, which goes to NCTV17.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Naperville News Digest: Two Naperville-area students win National Merit Scholarships; Naper Settlement announces its summer Naper Nights concert lineup; annual spring brush collection begins this Monday in NapervilleRoundup of small news items for the Naperville area.
Read more »
Down to Business: After 30 years in the cookie and cupcake biz, owner still loves that ‘wow’ responseQ&A with Stacey Swartz, owner of Cookies By Design and Cupcakes By Design in Naperville.
Read more »
Former Naperville Central basketball star Mike Wilson’s ‘full-circle moment’ arrives as he becomes coachWilson succeeds Pete Kramer, who retired after 21 seasons.
Read more »
Naperville Police Arrests for April 24-27Roundup of recent arrests made by the Naperville Police Department.
Read more »
Tattoo studio proposed for Fort Hill Drive wins OK from Naperville plannersEris Qesari has been a tattoo artist for almost 14 years. For the last 10, he’s worked from his Venture Tattoo Studio in Oak Park. But now he wants to come home. Qesari, who lives in Naperville wit…
Read more »
Naperville News Digest: Naperville police seeking applicants for free Summer Youth Academy; Edward Foundation awards $20K in scholarships to hospital volunteers; ‘Bumble Ballet’ selected for interactive mural at Fine Art & Artisan FairRoundup of small news items for the Naperville area.
Read more »