I think it was all private money.  Lots of little cable companies that were 
acquired to form the big ones we have now.  For example, Comcast in my area 
used to be Jones Intercable:

https://en.wikipedia.org/wiki/Jones_Intercable

I don't know of any cable TV systems in very rural areas.  They typically cover 
towns but not the outside areas.  Not profitable to run coax where there aren't 
a lot of people.  Franchise agreements might have required them to cover the 
entire incorporated area of the town, otherwise they might not even extend to 
the edge of town.

I'm guessing cable TV systems were pretty profitable, hence lots of people 
started them.  And originally cable franchises were like a monopoly, you didn't 
have to compete with 10 other providers on price, and it was an asset you could 
sell.  Even today, the big cable companies have an unwritten agreement to 
mostly not compete in each others territory.

In my WISP service area we have a small cable company that covers 4 towns.  Not 
the rural areas, just the towns.  It is basically owned and run by one guy, I 
think the cable system was bankrupt and shut down for several years before that.

www.heartlandcable.com

There were a number of cable TV "magnates", the most famous maybe being John 
Malone, aka "The Cable Cowboy".


-----Original Message-----
From: AF <[email protected]> On Behalf Of Matt Hoppes
Sent: Thursday, January 9, 2020 11:13 AM
To: [email protected]
Subject: [AFMUG] Cable TV Monies

I know there are USF funds that have been used to build out internet and phone 
and other funding for electric. 

How did the early cable systems get funded?  I’m not necessarily talking about 
associations although certainly to some extent, but like full on analog cable 
TV systems in very rural area. 

The cost of copper is worse than fiber. How were these systems bank rolled?  
Sometimes by a single private person. 
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