Estimated reading time: 0 minutes, 21 seconds

LinkNYC Kiosks Fall Short of Revenue Expectations

Revenues from the approximately 1,800 LinkNYC Kiosks in New York City that provide electronic billboards and free digital services, such as USB device charging and local telephone calls, have missed their revenues goals by $21 million from 2015 to present. So reports the Gotham Gazette.

CityBridge, which operates the kiosks, is required to pay the city $500 million in licensing fees from 2014 to 2026 and $750 million in guaranteed revenue by 2029.

Read the full article from the Gothan Gazette.

Read 2587 times
Rate this item
(0 votes)

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.