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SEC Filings

S-4/A
RENAISSANCE MEDIA GROUP LLC filed this Form S-4/A on 09/04/1998
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  Operate Technologically Advanced Systems. The Company will seek to operate
cable television systems with bandwidths of 550 MHz to 750 MHz (78 to 110
analog channels) that include the use of hybrid fiber-coaxial cable plant, bi-
directional transmission capability, small-cluster nodes, advanced subscriber
set-top devices and digital compression technology. The Company will continue
to upgrade the Systems and will selectively upgrade systems acquired in the
future depending on market conditions. Many of the upgraded systems will
likely incorporate digital compression technology which would increase the
number of programming channels that may be transmitted over a given amount of
bandwidth, in many cases resulting in up to 10 digital channels transmitted in
the space required for a single analog channel. The Company expects that such
technology will also permit it to offer new services such as high speed
Internet access and data transmission and additional programming tiers, as
well as new interactive features being integrated into advanced analog and
digital set-top consumer equipment.
 
  Capitalize on Relationships with Management Investors and Time Warner. The
Company will benefit from the depth and breadth of the experience of the
Management Investors in acquiring, operating and developing cable television
systems, including the Systems, as well as the expertise of its regional
marketing, sales and technical personnel. The Company believes that it will
benefit from its relationship with Time Warner through access to certain of
Time Warner's programming arrangements and technical and engineering
expertise. In addition, the Company believes it will be able to coordinate its
equipment purchasing with Time Warner.
 
  Focus on Operations and Service. Management believes that its focus on
system operations and customer service will increase subscriber penetration,
revenues and cash flow margins. The Company will implement its comprehensive
training and certification program which provides specific technical training
to further improve operations performance and customer service. In addition,
the Company will actively monitor the performance of its systems and the
quality of its customer service, using criteria such as picture quality,
service call response times, average outage durations, telephone answer rates
and installation response times. The Company will also use market research
tools to gauge its performance and customer satisfaction and to tailor its
local service offerings to the particular community.
 
  Develop Ancillary Businesses. The Company intends to pursue new business
opportunities that complement its core video delivery systems. The Company
intends to expand its advertising sales operations in each of its cable
television systems and create local production businesses in markets that can
support that activity. Management will also concentrate on the marketing of
special events and pay-per-view movies. In the future, the Company plans to
offer digital services such as near video on demand as an alternative to video
rentals. In addition, the Company plans to offer high speed Internet access
and data transmission via certain of its cable networks.
 
THE SYSTEMS
 
  Overview. The following table illustrates certain subscriber and operating
statistics for the Systems as of June 30, 1998. The Systems are divided into
two geographical regions, southern Louisiana and western Mississippi (the
Louisiana Systems) and western Tennessee (the Tennessee System):
 

<TABLE>
<CAPTION>
                                                                                                     AVERAGE
                                                                           PREMIUM                   MONTHLY
                                     TOTAL                                 SERVICE                   REVENUE
                            HOMES    PLANT      BASIC           BASIC       UNITS      PREMIUM      PER BASIC
         SYSTEM           PASSED (1) MILES SUBSCRIBERS (2) PENETRATION (3)   (4)   PENETRATION (5) SUBSCRIBER
         ------           ---------- ----- --------------- --------------- ------- --------------- -----------
<S>                       <C>        <C>   <C>             <C>             <C>     <C>             <C>
Louisiana Systems:
 St. Tammany System.....    62,973   1,341      43,152          68.5%      24,749       57.4%
 Lafourche System.......    28,518     560      22,233          78.0%      12,258       55.1%
 St. Landry System......    26,990     529      19,319          71.6%       7,560       39.1%
 Picayune System........     7,184     224       5,565          77.5%       2,788       50.1%
 Pointe Coupee System...     6,250     162       4,471          71.5%       1,919       42.9%
                           -------   -----     -------                     ------
 Total..................   131,915   2,816      94,740          71.8%      49,274       52.0%        $38.34
                           -------   -----     -------                     ------
Tennessee System........    48,646     914      32,245          66.3%      10,915       33.9%         33.94
                           -------   -----     -------                     ------
Total Systems...........   180,561   3,730     126,985          70.3%      60,189       47.4%         37.29
                           =======   =====     =======                     ======
</TABLE>

 
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