#1
Posted: 7/24/14 at 11:33am
The Late Show is staying in NY
What a surprise to learn that the state had to pay CBS, yes pay them, to keep it here. All it costs is $ 11 million over 5 years in tax credits plus $5 million to renovate the theater.This is like a facility fee on steroids - the audience paying the theater owners to improve their property.
The coincidence is CBS has been a hefty donor to Cuomo's campaign. My what a coincidence . Good return for CBS . They contribute $47,500 since 2010 to his reelection campaign and get back $ 16 million. Good for CBS but not so for the state.
What a surprise to learn that the state had to pay CBS, yes pay them, to keep it here. All it costs is $ 11 million over 5 years in tax credits plus $5 million to renovate the theater.This is like a facility fee on steroids - the audience paying the theater owners to improve their property.
The coincidence is CBS has been a hefty donor to Cuomo's campaign. My what a coincidence . Good return for CBS . They contribute $47,500 since 2010 to his reelection campaign and get back $ 16 million. Good for CBS but not so for the state.
Poster Emeritus
Updated On: 7/24/14 at 11:33 AM
