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BUSINESS
August 29, 1994
ITT, Cablevision Confirms Garden Deal: ITT Corp. and its partner, Cablevision Systems Corp. said they will pay $1.075 billion in cash to Viacom for Madison Square Garden and the New York Knicks basketball and Rangers hockey teams. ITT said it will initially control 85% of the Garden venture but that within one year, cable TV operator Cablevision will be an equal partner. Viacom said it will use the proceeds to repay debt.
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ENTERTAINMENT
October 4, 2013 | By Joe Flint
A dispute between Time Warner's Turner Broadcasting unit and a small cable operator has turned particularly nasty and is shining a brighter light on how programmers package their channels for sale to distributors. Cable One, which has 730,000 subscribers in 19 states, recently dropped several Turner-owned cable networks, including CNN, TruTV and HLN, rather than agree to pay more money to carry them under a new deal. However, Cable One wanted to continue carrying TBS, TNT and Cartoon Network and was willing to pay the higher fees Turner was seeking for those channels.
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BUSINESS
April 8, 2003 | From Newsday
Cablevision Systems Corp. shares gained 2.6% on news that it had dropped out of the race to gain control of DirecTV, clearing the field for longtime suitor Rupert Murdoch's News Corp. The decision came amid widespread skepticism that Cablevision could overcome financial and regulatory hurdles to gain control of the biggest U.S. satellite TV provider. The cable TV operator plans to launch a satellite by Aug.
ENTERTAINMENT
June 28, 2013 | By Ryan Faughnder
Shares of U.S. cable companies rose at the end of the week on continued talk that media mogul John Malone is pushing to orchestrate a deal between Charter Communications and Time Warner Cable. Time Warner Cable's stock advanced 3.9% to $112.48 at the close of trading in New York on Friday, after jumping 4.4% Thursday. Ever since Malone's Liberty Media acquired a 27% stake in Charter, analysts, investors and financial reporters have speculated that an industry consolidation may be underway, led by the pioneering executive.
BUSINESS
February 21, 1997 | Bloomberg News
Cablevision Systems Corp. is considering a plan to sell some of its peripheral cable systems to focus on its markets in New York, Boston and Cleveland, analysts said. The systems, which represent about 475,000 subscribers in states including Maine and Michigan, could fetch $850 million to $1 billion, analysts said. Cablevision, the nation's sixth-largest cable operator, has about 2.8 million subscribers in 19 states. The Woodbury, N.Y.
BUSINESS
November 9, 2006 | From the Associated Press
Cablevision Systems Corp. reported a narrower third-quarter loss Wednesday as the cable TV operator signed up more customers for premium services such as high-speed Internet access and digital phone. Cablevision, which also owns Madison Square Garden, Radio City Music Hall and a handful of cable channels, posted a loss of $59.2 million, or 21 cents a share, versus a loss of $63 million, or 22 cents, a year earlier.
BUSINESS
July 4, 2000 | Bloomberg News
Excite@Home Corp., the No. 1 U.S. provider of fast Internet service, countersued Cablevision Systems Corp. seeking monetary damages and the cancellation of its warrants owned by the cable provider. The counterclaim was filed Friday, the same day that Excite, AT&T Corp., Comcast Corp. and Cox Communications Inc. answered a suit by Cablevision in Wilmington, Del., Cablevision said in a Securities and Exchange Commission filing. Cablevision, based in Bethpage, N.Y.
BUSINESS
May 9, 2001 | Reuters
Cable television operator and sports team owner Cablevision Systems Corp. disappointed Wall Street on Tuesday by saying it would spend more than expected to upgrade its systems, as it reported higher first-quarter profit. Playing into Wall Street analysts' worst fears, the company said it plans to spend $1.5 billion to $1.7 billion in 2002 mostly to upgrade its cable systems to allow digital cable, up from $1 billion to $1.1 billion expected in 2001.
BUSINESS
March 3, 2005 | Sallie Hofmeister, Times Staff Writer
The father-son power struggle at Cablevision Systems Corp. flared up Wednesday when Charles Dolan, the 78-year-old founder, appointed four new directors to replace key board members who had voted last month to close down his pet satellite TV project. Cable analysts and insiders said Dolan's maneuver was a direct swipe at his son, Cablevision Chief Executive James Dolan, 49, who led the campaign to pull the plug on Voom, the fledgling satellite television venture his father has championed.
BUSINESS
December 28, 2001 | SCOTT LANMAN, BLOOMBERG NEWS
Cablevision Systems Corp., the cable television operator that owns Madison Square Garden and the New York Knicks basketball team, said Thursday it will eliminate about 600 employees, or 4% of its work force. The job cuts and related steps will reduce fourth-quarter earnings by about $55 million, the Bethpage, N.Y.-based company said.
ENTERTAINMENT
May 3, 2013 | By Joe Flint
Sprout is spreading its roots. The kids network aimed at children ages 2 to 5 has landed a distribution deal with Cablevision Systems Corp., a large pay-TV operator in the New York City area. Getting access to Cablevision subscribers is key for Sprout because the cable operator serves affluent parts of Long Island as well as Brooklyn and Queens. Overall, Sprout is available in a little over 50 million homes. Sprout, which is a partnership between NBCUniversal, PBS and Apax Funds, has enjoyed steady ratings growth thanks in part to its original series "The Chica Show," about a chicken.
ENTERTAINMENT
February 27, 2013 | By Joe Flint
After the coffee. Before seeing my accountant. The Skinny: I finally got a new BlackBerry. Laugh away, but I like having a keypad. Wednesday's stories include the start of a civil war in the TV business, a look at new Dodgers owner Guggenheim Partners, and DreamWorks taking a big write-down.  Daily Dose: The battle among business news channels is heating up. In recent weeks, CNBC bookers (the folks who line up guests) have been telling people they can't come on CNBC if they also go on Fox Business or Bloomberg.
ENTERTAINMENT
February 27, 2013 | By Joe Flint
The more things change, the more they stay the same. On Tuesday, Viacom, parent of MTV, Nickelodeon and Comedy Central, was accused in a lawsuit filed by New York-based cable operator Cablevision Systems Corp. of engaging in anti-competitive and monopolistic business practices. The suit, filed in federal court in New York, charges that Viacom unfairly leverages the strength of its strong networks to get distribution for its weaker channels. "Viacom effectively forces Cablevision's customers to pay for and receive little-watched channels in order to get the channels they actually want," the suit said, adding that such behavior is an abuse of market power and does irreparable harm to the pay-TV industry.
ENTERTAINMENT
October 21, 2012 | By Joe Flint
"The Walking Dead" and other hit shows from cable channel AMC are coming back to Dish Network as the result of the satellite broadcaster settling a lawsuit with Cablevision Systems Corp. On Sunday, Dish and Cablevision announced a settlement in their long-running legal battle over a now-defunct programming service called Voom HD. Dish has agreed to pay $700 million to Cablevision and AMC Networks, both of which are controlled by the Charles Dolan family. Dish also said it would resume carrying AMC, WE and other channels owned by AMC Networks, which it had dropped in July.
ENTERTAINMENT
October 4, 2012 | By Joe Flint
Programming giant Walt Disney Co. and pay-TV distributor Cablevision Systems Corp. have signed a wide-ranging agreement covering dozens of broadcast and cable channels including ABC, ESPN and Disney Channel. As part of the deal, Cablevision has also agreed to carry a news and lifestyle channel from ABC and Univision that is being launched next year. The channel is an English-language service aimed at Latinos. Cablevision will now also offer its subscribers the ability to watch ESPN, Disney Channel and other networks from tablet devices and phones both inside and outside the home.
ENTERTAINMENT
September 24, 2012 | By Joe Flint
The broadcast industry has received support from an unusual source in its legal battle against Aereo: a new company that distributes local TV signals over the Internet. In an amicus brief filed late Friday in federal court in New York, Cablevision Systems Corp. said Aereo's service violates copyright laws. What makes this filing significant is that it is a legal victory Cablevision scored against the TV industry that Aereo has cited in making the case that its service does not violate copyright law. Aereo, a start-up backed by Barry Diller's IAC/InterActive Corp., offers a service that transmits the signals of local broadcast stations via the Internet to smartphones, tablets and Internet-friendly TVs. Aereo charges subscribers a monthly fee of $12 for a small antenna that receives broadcast signals and a remote digital video recorder that can hold up to 40 hours of shows.
ENTERTAINMENT
August 17, 2012 | By Joe Flint
Tribune Co. said Cablevision Systems Corp. is to blame for its channels coming off of the pay-TV distributor's systems in the New York City area and Colorado. In a statement, Tribune said it was willing to allow Cablevision to continue carrying its stations -- including WPIX-TV New York, WPHL-TV Philadelphia and the cable channel WGN -- while the two sides continued to try to hammer out a new distribution deal. The signals, Tribune said, were pulled in the middle of negotiations "without warning.
ENTERTAINMENT
August 16, 2012 | By Joe Flint
One white whale down, one to go. The NFL Network has signed a long-term distribution agreement with Cablevision Systems Corp., leaving Time Warner Cable as the only major pay-TV distributor that isn't carrying the sports channel. The deal between the NFL and New York-based Cablevision puts the cable channel in over 60 million homes. Cablevision has 3 million subscribers, mostly in the New York City area. A spokesman for the cable operator said a significant number of its customers will get the channel as part of their basic package.
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