| Cablevision Systems Corporation. | |
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| Type | Public (NYSE: CVC) |
| Founded | 1973 |
| Headquarters | Bethpage, New York, USA |
| Key people | Charles Dolan, Chairman James Dolan, President & CEO |
| Industry | Cable television, Professional sports |
| Products | iO Digital Cable Cable Television Services Optimum Online Cable Internet News 12 Madison Square Garden Radio City Music Hall New York Knicks New York Rangers New York Liberty Hartford Wolf Pack |
| Revenue | $4. A public company usually refers to a company that is permitted to offer its registered securities ( Stock, bonds, etc The New York Stock Exchange ( NYSE) is a Stock exchange based in New York City. Year 1973 ( MCMLXXIII) was a Common year starting on Monday (link will display full calendar of the 1973 Gregorian calendar. Bethpage is a hamlet and a Census-designated place in Nassau County, New York, USA The United States of America —commonly referred to as the Charles Francis "Chuck" Dolan (born on October 16, 1926 in Cleveland Ohio) is an American business executive James L Dolan (born 1956 is Chairman of the Board of Cablevision Systems Incorporated -- parent company of the Madison Square Garden corporation in A chief executive officer ( CEO) or chief executive is typically the highest-ranking corporate officer ( executive) or administrator For other uses of this term see Industry (disambiguation An industry (from Latin industrius, "diligent industrious" Professional sports, as opposed to amateur Sports are those in which athletes receive payment for their performance In Marketing, a product is anything that can be offered to a Market that might satisfy a want or need Interactive Optimum, better known as iO Digital Cable or simply iO, is a Digital cable service offered by Cablevision, available in New Optimum Online ( OOL) is a broadband Internet service provider subsidiary of Cablevision. News 12 Networks comprises seven regional cable news channels in the New York metropolitan area. Madison Square Garden, often abbreviated as MSG, and known colloquially as The Garden, has been the name of four Arenas in New York City. The New York Rangers are a professional Ice hockey team based in New York, New York, United States. The New York Liberty is a Women's National Basketball Association (WNBA team based in New York City. The Hartford Wolf Pack are an Ice hockey team in the American Hockey League. In business revenue or revenues is Income that a company receives from its normal business activities usually from the sale of goods and services 9 billion USD (2004) |
| Employees | 19,095 (2004) |
| Website | www.cablevision.com |
Cablevision Systems Corporation is an American cable television company. The United States dollar ( sign: $; code: USD) is the unit of Currency of the United States; it has also been "MMIV" redirects here For the Modest Mouse album see " Baron von Bullshit Rides Again " Employment is a Contract between two parties, one being the employer and the other being the employee. "MMIV" redirects here For the Modest Mouse album see " Baron von Bullshit Rides Again " A website (alternatively web site or Web site, a back-construction from the Proper noun World Wide Web) is a collection of Web pages The United States of America —commonly referred to as the It is the 5th largest cable provider in the USA, with most customers residing in New York, New Jersey, Connecticut, and parts of Pennsylvania. New York ( is a state in the Mid-Atlantic and Northeastern regions of the United States and is the nation's third most populous New Jersey ( is a state in the Mid-Atlantic and Northeastern regions of the United States. Connecticut ( is a state located in the New England region of the northeastern United States of America. The Commonwealth of Pennsylvania ( often colloquially referred to as PA (its abbreviation by natives and Northeasterners is a state located in the Northeastern [1] Cablevision also offers high-speed Internet connections (Optimum Online), as well as digital cable (iO), and VoIP phone service (Optimum Voice) through its Optimum brand name. The Internet is a global system of interconnected Computer networks Optimum Online ( OOL) is a broadband Internet service provider subsidiary of Cablevision. Interactive Optimum, better known as iO Digital Cable or simply iO, is a Digital cable service offered by Cablevision, available in New Voice-over-Internet protocol ( VoIP, vɔɪp is a protocol optimized for the transmission of voice through the Internet Optimum Voice is a VoIP phone service by Cablevision. See also Optimum Online
Contents |
Sports holdings
The Madison Square Garden, L.P. subsidiary controls the Madison Square Garden arena in New York City, and the professional sports teams that play there—the New York Knicks, New York Rangers, and New York Liberty. Madison Square Garden LP is a United States based entertainment promotion company and live entertainment Subsidiary of Cablevision Systems Madison Square Garden, often abbreviated as MSG, and known colloquially as The Garden, has been the name of four Arenas in New York City. The City of New York The New York Rangers are a professional Ice hockey team based in New York, New York, United States. The New York Liberty is a Women's National Basketball Association (WNBA team based in New York City. The same company also owns the Hartford Wolf Pack, a minor-league professional hockey team affiliated with the Rangers, and operates (but does not own) one Connecticut sports venue Rentschler Field. The Hartford Wolf Pack are an Ice hockey team in the American Hockey League. Ice hockey, often referred to simply as hockey, is a team Sport played on Ice. Connecticut ( is a state located in the New England region of the northeastern United States of America. Rentschler Field is a Stadium in East Hartford Connecticut. It is primarily used for football, and is the home field of the University of Connecticut
Cablevision's sports holdings also include TV rights for the Knicks, Rangers, Liberty, New York Islanders, New Jersey Devils and Red Bull New York. The New York Islanders are a professional Ice hockey team based in Uniondale, New York. The New Jersey Devils are a professional Ice hockey team based in Newark New Jersey. Red Bull New York is an American professional soccer organization based in New Jersey that fields a team in Major League Soccer called the These games are aired on their MSG Network and MSG Plus (formerly FSN New York) cable channels. The Madison Square Garden Network, now shortened to simply MSG, is a regional cable television and radio network serving the Mid-Atlantic and focused on New York MSG Plus ( MSG+) is a Regional sports network in the New York City metropolitan area, whose reach expands to cover the entire state of New York Cablevision previously had the rights to the New York Yankees, New Jersey Nets and New York Mets, who left to start their own channels. The New York Yankees are a professional baseball team based in the borough of The Bronx, in New York City, New York. The New Jersey Nets are a professional Basketball team in the National Basketball Association that plays in the Eastern Conference 's Atlantic "Mets" redirects here For the medical term see Metastasis. Cablevision previously attempted to purchase the Yankees, Mets and Boston Red Sox, in part, to control their broadcast rights. The Boston Red Sox are a Professional baseball team based in Boston Massachusetts, and are the reigning (2007 World Series Champions.
Other Cablevision properties
Other properties that are owned by Cablevision, through its Madison Square Garden, L. P. division, include the Beacon Theater [2] and Clearview Cinemas. They have a long-term lease to operate Radio City Music Hall. Cablevision does own Radio City Entertainment, the company that operates the Rockettes.
The company owns a satellite television company called Voom, which shut down on April 30, 2005, but lives on as a series of High-definition television channels available on Dish Network, iO digital cable as of July 2007 and internationally. Voom HD Networks are a group of 15 original High-definition television channels that are owned by Rainbow Media, a subsidiary of Cablevision. Events 313 - Roman emperor Licinius unifies the entire Eastern Roman Empire under his rule Year 2005 ( MMV) was a Common year starting on Saturday (link displays full calendar of the Gregorian calendar. High-definition television (HDTV is a Digital television Broadcasting system with higher resolution than traditional television systems (standard-definition Not be confused with Indian Service Dish TV DISH Network is a Direct broadcast satellite (DBS service that provides Satellite television The channel boasts of having the most HD channels than any other service; however, DirecTV planned to offer over 100 HD Channels by the end of 2007. DirecTV (trademarked as "DIREC' TV' " is a Direct broadcast satellite (DBS service based in El Segundo California, USA, that was founded [3] The company is based in Bethpage, New York on Long Island and is headed by the Dolan family, who reside on Long Island. Bethpage is a hamlet and a Census-designated place in Nassau County, New York, USA New York ( is a state in the Mid-Atlantic and Northeastern regions of the United States and is the nation's third most populous Long Island is an island located in southeastern New York, USA, its western shores directly across from Manhattan, from which the island stretches
On April 30, 2007, Cablevision announced that its control of FSN Bay Area and FSN New England is being bought by Comcast for $570 million. Comcast Corporation ( is the largest Cable television company the second largest Internet service provider and (according to the company the fourth largest telephone [1]
On May 12th, 2008, Newsday reported that it would be purchased by Cablevision in a deal worth $650m. Newsday is a daily Tabloid -size Pulitzer Prize winning Newspaper that primarily serves Long Island and the New York City [2]
Cablevision's role in the West Side Stadium debate
In 2004 and 2005, Cablevision provided funding for an advertising campaign against the proposed construction of a stadium on the West Side of Manhattan supported by the Mayor of New York City, Michael Bloomberg. "MMIV" redirects here For the Modest Mouse album see " Baron von Bullshit Rides Again " Year 2005 ( MMV) was a Common year starting on Saturday (link displays full calendar of the Gregorian calendar. The West Side Stadium (also known as the New York Sports and Convention Center) was a proposed football Stadium to be built on a platform over the Manhattan Island, in New York Harbor, is much the largest part of the Borough of Manhattan, one of the Five Boroughs which form the City of New York A mayor (from the Latin māior, meaning "greater" is a modern title used in many countries for the highest ranking officer in a municipal government The City of New York Michael Rubens Bloomberg (born February 14, 1942) is an American businessman and the Mayor of New York City. The stadium would have principally served the New York Jets, and was an essential part of New York City's failed bid for the 2012 Olympics. The New York Jets are a professional American football team based in the New York metropolitan area. Cablevision had offered a competitive bid that far exceeded the bid of the Jets for property owned by the Metropolitan Transportation Authority, where the new stadium would have been located. The Metropolitan Transportation Authority ( MTA) is a Public benefit corporation responsible for Public transportation in the U The plans to build the stadium were abandoned in June 2005 when the New York State Assembly under the leadership of Speaker Sheldon Silver refused to provide state subsidies for the project. Year 2005 ( MMV) was a Common year starting on Saturday (link displays full calendar of the Gregorian calendar. The New York State Assembly is the Lower house of the New York Legislature, the state legislature of the U Sheldon Silver (born February 13, 1944) is a lawyer a Politician and a member of the Democratic Party, currently serving as Speaker
Products and services
- Optimum Online
- Optimum Voice
- iO Digital Cable
- Optimum TV
- Optimum Lightpath
Carriage disputes
Cablevision earned notoriety in the New York City area for playing hardball with the YES Network in 2002 and 2003. Optimum Online ( OOL) is a broadband Internet service provider subsidiary of Cablevision. Optimum Voice is a VoIP phone service by Cablevision. See also Optimum Online Interactive Optimum, better known as iO Digital Cable or simply iO, is a Digital cable service offered by Cablevision, available in New The City of New York The Yankees Entertainment and Sports (YES Network is a New York City regional Cable TV channel dedicated to broadcasting Baseball games of the See also 2002 (disambiguation Year 2002 ( MMII) was a Common year starting on Tuesday of the Gregorian calendar. Year 2003 ( MMIII) was a Common year starting on Wednesday of the Gregorian calendar. Cablevision refused to carry the Yankees' official television network, depriving Yankee fans of telecasts of most of their games for the entire 2002 season. A television network is a distribution network for Television content whereby a central operation provides programming for many Television stations Champions Major League Baseball Regular Season Champions Other champions Caribbean World Series: Pressure from federal and state officials finally convinced Cablevision to sign a carriage deal just before the 2003 season started. Headline event of the year The Florida Marlins become World Series champions holding off a dynastic New York Yankees team 4 games to
Cablevision has also never carried the NFL Network, as the company has stated that it would like to be able to carry NFL Sunday Ticket (which is, by contract, exclusive to DirecTV until the 2011 season) before it carries NFL Network. NFL Network is an American television Specialty channel owned and operated by the National Football League (NFL and is also shown in Canada NFL Sunday Ticket is an Out-of-Market Sports Package that broadcasts National Football League regular season games unavailable on local affiliates DirecTV (trademarked as "DIREC' TV' " is a Direct broadcast satellite (DBS service based in El Segundo California, USA, that was founded The NFL had offered Cablevision (as well as Time Warner Cable, who has accepted the deal) a free preview of its programming from December 24–30. Time Warner Cable ( (formerly Warner Cable Communications) is an American national cable television company that operates in 27 states and has 31 operating divisions While it did not include any live NFL games, it did include the December 28th Texas Bowl, including local favorite, the Rutgers Scarlet Knights. The Texas Bowl is a post-season NCAA -sanctioned Division I FBS College football Bowl game that has been held for the first time in 2006 in Houston Athletic heritage See also History of Rutgers University Rutgers was among the first American institutions to engage in intercollegiate athletics and participated Cablevision had publicly agreed to only carry the Texas Bowl, but the NFL rejected that offer, insisting that the entire free preview week be taken. New Jersey legistators were threatening legal action if a deal was not reached. [4] On December 22nd, Cablevision accepted the free preview to be on its digital tier, and the Texas Bowl to be available to all of its subscribers. Cablevision, however, still does not have a long term deal to carry the network. [5] The free preview aired on channel 414. Cablevision, however, did not publicly promote it or even mention it on its listings. The program description on the on-screen guide for channel 414 read "Flyers at Islanders, 1/2".
Cablevision, as a content provider, also engaged in a dispute with Verizon over the carriage of MSG Network and Fox Sports Net New York on its FiOS television systems. "Verizon" redirects here this article is about the corporation see also Verizon Wireless, Verizon Online DSL and Verizon FiOS. The Madison Square Garden Network, now shortened to simply MSG, is a regional cable television and radio network serving the Mid-Atlantic and focused on New York MSG Plus ( MSG+) is a Regional sports network in the New York City metropolitan area, whose reach expands to cover the entire state of New York Verizon FiOS, sometimes simply FiOS which stands for " Fi ber O ptic S ervice", is an Internet telephone and TV service that is presently Verizon sued Cablevision, claiming that the latter company did not want to make their valuable local sports coverage available to an emerging competitor to their cable systems. An agreement was reached in November 2006 allowing FiOS to carry these channels. [6].
Corporate governance
Current members of the board of directors of Cablevision are: Charles Dolan, James Dolan, Patrick Dolan, Rand Araskog, Frank Biondi, Charles Ferris, Richard Hochman, Victor Oristano, Thomas Reifenheiser, John R. Ryan, Brian Sweeney, Vincent Tese, Leonard Tow. Charles Francis "Chuck" Dolan (born on October 16, 1926 in Cleveland Ohio) is an American business executive James L Dolan (born 1956 is Chairman of the Board of Cablevision Systems Incorporated -- parent company of the Madison Square Garden corporation in Patrick Dolan (born 20th September 1967 in Dagenham, England) is a former football player manager and executive who currently works Rand Vincent Araskog (born October 31, 1931) is a prominent U Frank J Biondi Jr (born January 9, 1945) is an American businessman Userpolbot from http//bioguidecongressgov/scripts/biodisplaypl?index=F000090 Vice Admiral John R Ryan (b August 15, 1945) is a Naval Officer who is most notable for having served as the Superintendent of the US Naval Academy and Brian Edward Sweeney (born June 13, 1974, in Yonkers New York) is a Baseball Pitcher for the Japanese Nippon Ham Fighters
In 2006, the Dolan family announced a plan to purchase the company and privatize it, after a failed attempt in 2005, which would have spun off Rainbow Media as a publicly traded company. Year 2006 ( MMVI) was a Common year starting on Sunday of the Gregorian calendar. Rainbow Media Holdings LLC, a subsidiary of Cablevision, is an entertainment company in the United States that owns the cable channels AMC, IFC, WE
On May 2, 2007, after repeated attempts, the Dolan family announced that a deal worth $10. Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. 6 billion had been reached for Cablevision to be taken private. [3] The deal still requires the approval of company shareholders other than the Dolan family. Cablevision stock trades under the ticker symbol CVC on the New York Stock Exchange. The New York Stock Exchange ( NYSE) is a Stock exchange based in New York City.
Subsidiaries
- Rainbow Media Holdings LLC owns a series of local and national cable networks including IFC, AMC, Fuse, WE, News 12 , MSG Network and Voom . Rainbow Media Holdings LLC, a subsidiary of Cablevision, is an entertainment company in the United States that owns the cable channels AMC, IFC, WE AMC is a cable television network that primarily airs movies The letters originally stood for American Movie Classics. Fuse is a Music video -oriented Television channel. Fuse has modeled itself as the premier cable channel for rock, alternative, punk News 12 Networks comprises seven regional cable news channels in the New York metropolitan area. The Madison Square Garden Network, now shortened to simply MSG, is a regional cable television and radio network serving the Mid-Atlantic and focused on New York Voom HD Networks are a group of 15 original High-definition television channels that are owned by Rainbow Media, a subsidiary of Cablevision.
- Cablevision once owned New York area electronics chain The Wiz, before closing it. For the Broadway musical and film see The Wiz. The Wiz was the name of a chain of electronic stores in the northeastern United States, primarily in
Competition on Long Island
For many years, Cablevision has been the sole cable provider for the people of Long Island, though it was unofficial, but recently, the new Verizon FiOS service has been going around Long Island and other places, starting franchise agreements with local villages and towns. Verizon FiOS, sometimes simply FiOS which stands for " Fi ber O ptic S ervice", is an Internet telephone and TV service that is presently Franchising refers to the methods of practicing and using another person's Philosophy of business. This could begin to pose a threat on Cablevision's part, since Cablevision has fewer channels than FiOS, as well as other service providers such as Time Warner Cable, and they have been criticised for their frugality on Long Island. Time Warner Cable ( (formerly Warner Cable Communications) is an American national cable television company that operates in 27 states and has 31 operating divisions However, Verizon does not have the all Rainbow Media Holdings channels, such as News 12 Networks, MSG HD and MSG Plus HD. Rainbow Media Holdings LLC, a subsidiary of Cablevision, is an entertainment company in the United States that owns the cable channels AMC, IFC, WE News 12 Networks comprises seven regional cable news channels in the New York metropolitan area.
Recent News
References
- ^ Comcast, Cablevision in deal on 2 sports networks, Yahoo!, April 30, 2007
- ^ Cablevision announces deal to buy Newsday, Newsday, May 12, 2008
- ^ Cablevision Agrees to Be Taken Private, Yahoo!, May 2, 2007
External links
- Cablevision website
- Optimum website
- iO (Interactive Optimum) Digital Cable Television Service
- Optimum Online High-speed broadband Cable Internet Service
- Optimum Voice Digital Phone Service
- Interview (March 7, 2005) about possible sale of Cablevision
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