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From Times Staff and Wire Reports

Cable TV Impact on the L.A. Economy: The local cable TV industry contributes $2.4 billion annually toward the local Los Angeles economy, according to a joint study by the Los Angeles Chamber of Commerce and the Southern California Cable TV Assn. The figure includes $1.4 billion contributed by local cable TV operators and $1 billion contributed by programming and production firms, the report says. Local cable TV operators, who have been criticized for raising rates following re-regulation legislation last year, had sales of $881.3 million and paid $68 million in franchise fees in 1991, the last year for which information was available. The report also estimates that cable TV spent $532 million in the local production community and that the industry as a whole employed 7,140 people in Southern California.

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