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RENAISSANCE MEDIA GROUP LLC filed this Form 10-K405 on 03/31/1999
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CD-quality audio programming and advanced digital services, such as data
transfer or subscription video. The FCC also has authorized television
broadcast stations to transmit textual and graphic information useful both to
consumers and businesses. The FCC also permits commercial and noncommercial FM
stations to use their subcarrier frequencies to provide nonbroadcast services
including data transmissions. The FCC established an over-the-air Interactive
Video and Data Service that will permit two-way interaction with commercial
and educational programming along with informational and data services.
   Advances in communications technology as well as changes in the marketplace
and the regulatory and legislative environments are constantly occurring.
Thus, it is not possible to predict the effect that ongoing or future
developments might have on the cable industry or on the operations of the
   The Company has 219 full-time employees and 5 part-time employees, none of
whom are represented by a labor union on the date hereof.
Legislation and Regulations
   The cable television industry is regulated by the FCC and certain state and
local governments. In addition, legislative and regulatory proposals under
consideration by the Congress and federal agencies may materially affect the
cable television industry.
   The cable television industry is regulated by the FCC, some state
governments and substantially all local governments. In addition, various
legislative and regulatory proposals under consideration from time to time by
the Congress and various federal agencies may materially affect the cable
television industry. The following is a summary of federal laws and
regulations affecting the growth and operation of the cable television
industry and a description of certain state and local laws.
   A federal law known as the Communications Act of 1934, as amended,
establishes a national policy to guide the development and regulation of cable
television systems. This Act, as it relates to the cable television industry,
was amended by the Cable Communications Policy Act of 1984 and the Cable
Television Consumer Protection and Competition Act of 1992. The 1984 Cable Act
established comprehensive national standards and guidelines for the regulation
of cable television systems and identified the boundaries of permissible
federal, state and local government regulation. The 1992 Cable Act permitted a
greater degree of regulation of the cable industry, and in particular
subjected cable television systems to regulation of the rates charged
customers for basic and certain cable programming services.
   In 1996, a new law, the Telecommunications Act of 1996, further amended the
Communications Act, including the 1984 and 1992 Cable Acts, and established
the most comprehensive reform of the nation's telecommunications laws since
the adoption of the Communications Act in 1934. The articulated long-term goal
of this 1996 amendment to the Communications Act is to promote competition and
decrease governmental regulation of various communications industries,
including the cable television industry. However, until the desired
competition develops, various federal, state and local governmental units will
have broad regulatory authority and responsibilities over telecommunications
and cable television matters. The courts, especially the federal courts, will
continue to play an important oversight role as the statutory and regulatory
provisions are interpreted and enforced by the various federal, state and
local governmental units.
   The 1996 Telecom Act is intended, in part, to promote substantial
competition in the marketplace for telephone local exchange service and in the
delivery of video and other services and permits cable television operators to
enter the local telephone exchange market. The 1996 Act repeals the cable
television/telephone cross-ownership ban adopted in the 1984 Cable Act and
permits local telephone companies commonly known as LECs and other service
providers to provide video programming. The 1996 Act directs the FCC to revise
the current pole attachment rate formula. This will result in an increase in
the rates paid by entities, including cable