Free TV Coalition Says Broadcaster Broadband Could Deliver $400B To Treasury
2011.10.18 10:23 by Daniela
The Coalition For Free TV and Broadband will introduce a broadcaster broadband plan on Thursday that it claims will provide wireless high data-rate capacity without damaging TV stations and create an entirely new revenue stream for the U.S. Treasury. They claim that this plan will raise as much as $400 billion for the U.S. treasury in an ongoing annuity.
"We have delivered to Congress a robust plan that continues the broadcast industry's decades-long record of serving our local communities," stated Mark Aitken, vice president of advanced technology for Sinclair Broadcast Group. "A 'Broadcast Overlay' serves multiple objectives by delivering a solution providing wireless high data-rate capacity, continues to maximize the efficient use of broadcast TV spectrum, offers the public new wireless service choices, and creates an entirely brand-new revenue stream for the U.S. Treasury."
"There is now a clear choice for the Congress," according to Jim West, a Coalition member and president of the Legacy TV programming service. "They can choose a plan that will further entrench wireless monopolies, destroy thousands of jobs and television stations, decrease competition and raise only $25 billion or they can choose a plan that will eventually raise significantly more money, increase competition and choices for the American public, create jobs and will continue to offer entertainment, news and information to the public through thousands of television stations."
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