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Where does the figure of £500k come from?
As far as I am aware the annual cost is around £7k until 2012 and a little more than that beyond that date.
As for how we could spend money available to the town better, what about the £1.4m for a cable car - I can think of hundreds of things that money could be better spent on.
But back to the screen, we are the only community that is not a City that has been offered this opportunity, there will be ample opportunity to use it to promote local events, also a proportion of the screen time will be made available for local content - how about using it to encourage local artists or local theatre groups by making slots available to them for short films or promos?
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