Latest in Cablevision

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…

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…

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…

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…

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…

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’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 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 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…

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…

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…

A word of warning to pay TV programmers: You should be worried about Altice’s $10 billion deal to buy Cablevision. Maybe even more so than you are about Charter’s $55 billion plan to buy Time Warner Cable, or AT&T’s recent $48.5 billion acquisition of DirecTV. French billionaire Patrick Drahi, who runs Altice, has…