Yosemite Franchise Fee Raised To 11%

Franchise fees of up to 11% will be charged to the new operators of MCA’s Yosemite Park & Curry Co., which was sold to the National Park Foundation as part of Matsushita Electric Industrial Co.’s $6.13 billion buyout of MCA.

Under MCA, the fee paid to the National Park Service has been 0.75%. Conservationists have long criticized the low fee. The new 11% fee will take effect in 1993 when the contract with the National Park Foundation expires.

More Scene

  • David Harbour'Stranger Things' event, Los Angeles,

    'Stranger Things' Season 3 Is Inspired by 1985's 'Fletch' (EXCLUSIVE)

    Franchise fees of up to 11% will be charged to the new operators of MCA’s Yosemite Park & Curry Co., which was sold to the National Park Foundation as part of Matsushita Electric Industrial Co.’s $6.13 billion buyout of MCA. Under MCA, the fee paid to the National Park Service has been 0.75%. Conservationists have […]

  • Jeffrey Katzenberg

    Jeffrey Katzenberg on Oscars' New Popular Film Category Controversy

    Franchise fees of up to 11% will be charged to the new operators of MCA’s Yosemite Park & Curry Co., which was sold to the National Park Foundation as part of Matsushita Electric Industrial Co.’s $6.13 billion buyout of MCA. Under MCA, the fee paid to the National Park Service has been 0.75%. Conservationists have […]

  • Ruth Wilson

    'The Affair's' Ruth Wilson Stays Mum on Controversial Exit

    Franchise fees of up to 11% will be charged to the new operators of MCA’s Yosemite Park & Curry Co., which was sold to the National Park Foundation as part of Matsushita Electric Industrial Co.’s $6.13 billion buyout of MCA. Under MCA, the fee paid to the National Park Service has been 0.75%. Conservationists have […]

  • Samantha Barks, Andy Karl'Pretty Woman: The

    'Pretty Woman' Broadway Cast Recalls Performing for Julia Roberts

    Franchise fees of up to 11% will be charged to the new operators of MCA’s Yosemite Park & Curry Co., which was sold to the National Park Foundation as part of Matsushita Electric Industrial Co.’s $6.13 billion buyout of MCA. Under MCA, the fee paid to the National Park Service has been 0.75%. Conservationists have […]

  • Jeffrey Katzenberg Lew Wasserman

    Jeffrey Katzenberg Remembers Being Mentored by Lew Wasserman

    Franchise fees of up to 11% will be charged to the new operators of MCA’s Yosemite Park & Curry Co., which was sold to the National Park Foundation as part of Matsushita Electric Industrial Co.’s $6.13 billion buyout of MCA. Under MCA, the fee paid to the National Park Service has been 0.75%. Conservationists have […]

More From Our Brands

Access exclusive content