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Show June 12, 19781 Pizza, theater team up In a joint venture with Trolley Theaters, Corporation has opened a new outlet at 276 So. Main and will begin catering to the theater crowd. Owner Dave Anderson said the store will have a window which passes pick-u- p through to the Midtown Trolley Theater next door. Movie-goer- s will not only be able to purchase pizza, frozen yogurt and soft drinks from Slice-A-Pizz-a Slice-A-Piz- za Russell candy store, Anderson said the shop cost about $10,000 to remodel. also has in stores the University Mall, Slice-A-Pizz- a Trolley Square, and the Cottonwood Mall. School bids will be let next fall but also from inside the theater. Its a revolutionary idea, Anderson said, and we hope it works. Anderson opened his doors for business Friday. Located in the old Janet Koppers sues Payment of $34,094.75 on an open account is at stake in a lawsuit Filed last week by Koppers Corporation. The suit alleges that Draycutt Corporation has not paid for resin supplies delivered betw'een Dec. 8, 1977 and Feb. 13, 1978, despite vered between Dec. 8, 1977 The suit seeks repayment, interest since February 13, attorney fees and additional relief as the court sees fit. Cable TV hasnt made a cent in SLC, but expansion on line The Salt Lake City Board of Education is in the process of acquiring lands for construction of a new Bryant Intermediate School to replace an older school of the same name. The new school will be located directly behind the present facility at the south end of Harmony Court, 726 E. South Temple. Construction is scheduled to begin late this year, with bids to be let in September or October, according to Karl Child, Building and Grounds Director for the school district. The school will open for instruction in about two and one-ha- lf years, at an estimated cost of $4.6 million and an additional $500,000 for property acquisition on Harmony Court. by James M. Schutz Enterprise Staff Writer After operating in the red in the Utah area for four years, Community Televison of Utah, the major cable TV franchisee in the state, is looking at the coming year with optimism. Until now, Community TV, a wholly owned unit of Telecommunications, Inc., has invested millions in plant and equipment, and has yet to see a penny in return. But, George W. Lee, the district manager for TCI says thats normal. You have to remember the amounts of money required to set up a cable TV system are enormous. The industry is extremely capital inten sive, noted Lee. Lee thinks Community TVs red ink will dry up soon. We feel the new earth station service were starting next month will not only help bolster new sales, but also help us with our retention rate, he said. As well, it should slash monthly operating costs by $35,000 by eliminating a costly Easy to erect Fast Moveable Large or Small Buildings When you need extra services available through earth station as the foundation for the next round of investment. Ogden best market Of the three major markets in Utah, surprisingly, Ogden ranks as number one in subscribers, and according to Lee, just about breaks even on a cash flow basis. The Ogden market supplies Community with about 4000 subscribers. Thats compared to Salt Lakes 3800 and Provos 2100 subscribers. Both Salt Lake and Provo lose money on a cash flow basis. Lee said Salt Lake has not been, to date, a good cable So far, only the market. Avenues and Sugarhouse have cable TV, said Lee, and these two areas contain 150 miles of cable, capable of serving 16,500 homes. In Salt Lake, CommunTV has attained a saturaity tion of only 23 percent compared to the national average 50 percent. Provo wasnt much better, with 25 percent. construction facilities you have them. Ogden, on the other hand, has a 38 percent saturation rate. With a subscription rate of about $7.50 per month, annual revenues from the Salt The Kelly Klosure System is a preengineered paneling system that locks together to form temporary buildings, with a big bonus- -it can be more than a building The Kelly System consists of reusable metal-frame- d panels which quickly d lock together with one piece Most conventional keys. buildings are designed to meet specifications for just one particular job. They can t change to meet your changing job requirements Kelly is the only building system that economically allows you to change the building s width, height and length to meet changing building requirements from job to job Lake market amount cable plant alone for the same area probably ranged between $750,000 to a little over $1 million. With operating expenses, the Salt Lake area has not yet achieved a positive cash flow. Habits hard to change And cash flow is important. The cable TV industry judges a project by its cash flow and not the net profit, said Lee, because depreciation is a very large expense The Kelly building goes up 60 faster than a wood structure and 50 faster than a metal structure.. .plus its item. reuseable. Its not that cash fastESJ AROUND. INTERMOUNTAIN CONCRETE SPECIALTIES 4?lWst 17ih South Phone:486-531Phona 731-53- 0 flow is the only criterion. Certainly every business must make a net profit above depreciation, ot- Kelly Klosure Sail Uke City. Utah 2660 Pann. Ava.. Ogdan.HJtah to $320,000. The investment in zinc-plate- 1 tages of having cable TV, aside from some variety, is local network stations come in very clear. In Ogden, even more so than Provo, reception of net- work programs is erratic. The cable TV company takes the networks signal, cleans it up, and pipes it into the home, thereby improving the picture considerably. This is one of the reasons, according to Lee, that the cable television system is so popular in rural areas. Nevertheless, the biggest drawing card for cable TV is We programming variety. Salt Lake and Provo both lose money on a cash flow basis. of storage or portable COVER-U- P microwave system that gobbles up 58 percent of revenues. Lee said Community TV will probably be looking at a major expansion of service sometime late this year, or early next year. The coming expansion will employ the new herwise it wouldnt be in business in the long run. But if a system can at least pay for itself, then net profits will follow. Lee said Salt Lake is a poor cable TV market because viewer habits are hard to change, and because no one in this area has any trouble with reception. One of the advan- - currently bring in two independent stations, two from California and one from Denver, says Lee, and thats why people buy cable TV. Once Community TV gets the cash flow, Lee thinks well build in a big way. The first area slated for cable service will be the Rose Park area. We already have 70 miles of strand there, he said. Ogden will also see a major expansion. Well be building an additional 250 miles of plant in Ogden within the next year. Crucial to Community TVs expansion gamble will be the drawing strength of what Lee calls HBO, or Home Box Office. HBO is a subsidiary of Time, Inc. which airs sporting events, current movies, and other miscellaneous entertainment like Las Vegas show. The service will cost subscribers an additional $8 per month, but Lee thinks the viewer will accept the additional cost. He puts it this way, If you want to go to a movie with your wife, you have to find a baby-sitte- r, get in the car, find a place to park, and pay $3 to $4 per ticket, one night out will cost between $8 and $10 alone, which is already paid if viewers subscriber to HBO. AIME will stay put for 6 months The Society of Mining Engineers, which recently voted to move its national headquarters from the University of Utah Research Park to a site outside of Denver, doesnt anticipate making the move for another six months. The group, which has been in Research Park since 1974, will move into a 14,000 square foot facility near Denver. The new building will cost approximately $800,000. The Societys membership approved the move late last month. |