Seeking to convey a sense of a tidy turnaround after months of bad publicity, cable operator Adelphia issued an unusual press release Wednesday about some $2.6 million in back franchise fees it has paid the city of Los Angeles.
The payment was made in connection with Pennsylvania-based cabler’s ongoing bankruptcy reorganization. Sum covers fees recently identified as having gone unpaid between 1995 and 1999.
“In just a few weeks since coming together, the new team at Adelphia has taken numerous constructive steps to prove our commitment to the city,” said Thomas Carlock, Adelphia’s regional VP law and public policy. “We hope these actions are viewed as they are meant — positive, responsive efforts to create a renewed cable leader in this community.”
Adelphia’s financial woes have run deep, with its former topper John Rigas facing criminal charges involving allegations of illegally obtained loans and other financial chicanery. Company is Southern California’s largest cable provider, serving more than 1.2 million households.