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AMC Networks COO Ed Carroll To Exit, Ending His 34-Year Tenure As M&A Speculation Continues To Swirl
Ed Carroll, the longtime chief operating officer of AMC Networks, has decided to exit at the close of 2021 after 34 years at the company.
The exec, who had a key role in ushering in signature hits like Mad Men and Breaking Bad, was named COO in 2009. He has a five-year contract due to expire on December 31. His…
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By Dade Hayes
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2 Comments Comment on AMC Networks COO Ed Carroll To Exit, Ending His 34-Year Tenure As M&A Speculation Continues To Swirl
Cablevision’s Dolan Family Sues Altice Over Alleged Breach Of 2016 Merger, Claiming Ageism In News 12 Layoffs
The $17.7 billion acquisition of Cablevision by France-based telecom giant Altice marked the end of an era for the New York media world in 2016. The longtime cable operator was rebranded, though its Optimum system kept its name, while and Cablevision’s omnipresent Dolan family refocused its attention on Madison Square…
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By Dade Hayes
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Altice USA Shares Rise As It Goes Public On Anniversary Of Cablevision Deal
Investors gave Altice USA a warm — although not exuberant — welcome this morning exactly one year after it became the nation’s No. 4 cable operator with its acquisition of Cablevision.
New shares in Altice USA that sold for $30 apiece in yesterday’s $1.92 billion IPO are up about 5.9% in mid-day trading.
This was the…
Altice USA Files Proposed Prospectus For IPO Of Up To $100M
After saying that it was “exploring the possibility” of an initial public offering in the U.S., the nation’s No. 4 cable operator Altice USA today filed preliminary paperwork with the Securities and Exchange Commission to do so — looking to raise as much as $100 million, according to the filing.
That’s probably just a…
Patrick Dolan Buys Controlling Stake In Newsday From Altice
Telecom company Altice just tied up a loose end from its recent acquisition of Cablevision. It has agreed to sell a majority stake in Newsday, the Long Island newspaper that the cable company bought in 2008, to a group led by News 12 Networks President Patrick Dolan.
His Newsday Media Group will pick up 75% of the…
Altice Completes Cablevision Acquisition To Become The No. 4 Operator
Cablevision is no more. Netherlands-based Altice just completed its $17.7 billion (including debt) acquisition of the colorful and often combative cable company that HBO-creator Charles Dolan launched in 1973 and since 1995 was run by his son, James.
With its previous purchase of Suddenlink, Altice is now the nation’s…
FCC Approves Altice’s $17.7B Acquisition Of Cablevision Citing Absence Of Harms
The FCC has quietly approved Altice’s $17.7 billion (including debt) acquisition of Long Island-based Cablevision Systems, saying that although “the public interest benefits are limited, the scales tilt in favor of granting the Applications because of the absence of harms.”
The FCC’s action virtually guarantees that…
Cablevision Becomes First Cable Op To Offer CBS Live Streams Out Of Home
Cablevision’s cozy relationship with CBS just became a little cozier. The Long Island-based cable operator said today that it will be the first to let its customers stream live CBS programming via CBS.com and on mobile devices using the CBS App.
The one catch is that users have to be within a market served by a CBS…
The Ziegfeld Theater – Gotham’s Last Movie Palace – Will Shutter
The last picture show to run at the Ziegfeld Theater, Manhattan’s sole remaining uniplex, is Star Wars: The Force Awakens, according to Cablevision, which has leased the theater from real estate giant Fisher Brothers. The 1,131-seat movie palace will close for an 18-month renovation and re-emerge as the Ziegfeld…
WGN Sets Premiere Dates For ‘Outsiders’ & ‘Underground’, Reveals Cablevision Expansion – TCA
WGN America today announced during the network’s TCA panel that it has established a deal with New York-based Cablevision that will see the network’s reach expanded to 80 million homes across all cable platforms. WGN will be available on Cablevision beginning January 16. “We’re no longer a Superstation,” WGN President…
Will New York Block Cablevision’s $10B Merger Deal With Altice?
Cablevision shares are down 1.6% in early trading — but Altice, trading in Amsterdam, was up 5.3% — after the Wall Street Journal reported that officials in the Big Apple and Empire State are looking askance at the French telecom company’s $10 billion acquisition plan.
The fear is that Altice’s extravagant vow to…
Viacom And Cablevision Settle Channel Bundling Antitrust Dispute
The companies don’t have a lot to say about their resolution of a suit that might have had a profound impact on cable channel bundling.
“We are pleased to have put these matters behind us in ways that benefit both of our companies and look forward to working together to benefit Cablevision's customers," they say in a…
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