Washington Post 2005 Annual Report Download - page 24

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Arthur Frommer's Budget Travel
magazine, another Newsweek publication, was published ten times during 2005 and had
an average paid circulation of more than 500,000 copies.
Budget Travel
is headquartered in New York City and has its
own editorial staff. This magazine's website is also being produced by Washingtonpost.Newsweek Interactive.
PostNewsweek Tech Media
This division of Post-Newsweek Media, Inc. publishes controlled-circulation trade periodicals and produces trade shows,
conferences and online information services for the government information technology industry.
Specifically, PostNewsweek Tech Media publishes
Government Computer News,
a news magazine published 34 times
per year serving government managers who buy information technology products and services;
Washington Technology,
a twice-monthly magazine of market news and analysis for government information technology systems integrators; and
Government Leader,
a magazine published six times a year serving government technology, finance, human resources and
procurement managers.
Government Computer News, Washington Technology
and
Government Leader
have circulations
of about 100,000, 40,000 and 72,000 copies, respectively. In January 2006 PostNewsweek Tech Media launched
Defense Systems,
a six-times-a-year publication that serves communications and information technology managers in the
defense and intelligence communities. All of PostNewsweek Tech Media's publications have companion websites and offer
at least one e-mail newsletter.
PostNewsweek Tech Media also produces the
FOSE
trade show, which is held each spring in Washington, D.C. for
information technology decision makers in government. This division also produces a number of smaller conferences and
events, including awards dinners honoring leading individuals and companies in the government information technology
community.
Cable Television Operations
At the end of 2005 the Company (through its Cable One subsidiary) provided cable service to approximately 689,200
basic video subscribers (representing about 54% of the 1,288,000 homes passed by the systems) and had in force
approximately 214,400 subscriptions to digital video service and 234,100 subscriptions to cable modem service. Digital
video and cable modem services are each available in markets serving virtually all of Cable One's subscriber base.
Among the digital video services offered by Cable One is the delivery of certain premium, cable network and local
over-the-air channels in HDTV.
On August 29, 2005, portions of the Company's cable systems on the Gulf Coast of Mississippi, which systems together
served about 94,000 basic video subscribers, were seriously damaged by Hurricane Katrina. Service has been restored
in most of the damaged areas and restoration efforts are continuing. As a result of this storm, the number of homes passed
by Cable One's systems at the end of 2005 was reduced by approximately 30,000 homes and the number of basic
video subscribers was reduced by approximately 21,400 subscribers (with comparable proportional reductions in the
number of subscriptions to the other services offered by Cable One).
The Company's cable systems are located in 19 Midwestern, Southern and Western states and typically serve smaller
communities: Thus 10 of the Company's current systems pass fewer than 10,000 dwelling units, 34 pass 10,000-
50,000 dwelling units, and 4 pass more than 50,000 dwelling units. The two largest clusters of systems (which each
currently serve more than 70,000 basic video subscribers) are located on the Gulf Coast of Mississippi and in the Boise,
Idaho area.
Regulation of Cable Television and Related Matters
The Company's cable operations are subject to various requirements imposed by local, state and federal governmental
authorities. As a condition to their ability to operate, the Company's cable systems have been required to obtain franchises
granted by local governmental authorities. Those franchises typically are nonexclusive and limited in time, contain various
conditions and limitations and provide for the payment of fees to the local authority, determined generally as a percentage
of revenues. Additionally, those franchises often regulate the conditions of service and technical performance and contain
various types of restrictions on transferability. Failure to comply with all of the terms and conditions of a franchise may give
rise to rights of termination by the franchising authority.
The Cable Television Consumer Protection and Competition Act of 1992 (the ""1992 Cable Act'') requires or authorizes
the imposition of a wide range of regulations on cable television operations. The three major areas of regulation are
(i) the rates charged for certain cable television services, (ii) required carriage (""must carry'') of some local broadcast
stations, and (iii) retransmission consent rights for commercial broadcast stations.
8THE WASHINGTON POST COMPANY