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.
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