If video franchising is a good thing, then this should probably be true with or without net neutrality provisions. The two are not necessarily connected, though they were put together during the last congress.
Putting the two together might even be counterproductive, on the issue of video franchising. One of the big things that it could deliver is more competitive video-on-demand. The problem lies in that net neutrality would bar the possibility of one of those "fast lanes" that come under so much criticism. But these fast lanes are what would be delivering hi-res video to the home. NTT does this in Japan, that is to say they are non-neutral over Internet lines in this regard, and it seems to work fine.