DoITT manages telecommunications franchises for New York City, including those for cable television. Three companies currently have cable television franchises with the City: Altice USA, Spectrum, and Verizon. A fourth company, RCN, holds an Open Video System (OVS) contract.
The cable television franchise contracts and the OVS contract require the companies to pay a 5% commission to the City on revenues derived from video services. The contracts also require significant levels of customer service. In Fiscal Year 2015, the City received approximately $136 million in franchise fees.