Fox Fight Results in Q4 Sub Losses For Cablevision

dkreichen1968

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"Cablevision Systems shed about 35,000 basic video customers in the fourth quarter, losses that are almost entirely attributed to the MSO's high-profile retransmission consent battle with Fox broadcasting last year. Fox broadcast programming went dark to Cablevision customers for two weeks in October, causing many to miss some National Football League games and the first two games of Major League Baseball's World Series...

...investors appeared spooked - Cablevision stock was down $1.06 per share (2.8%) in early trading Wednesday to $36.32 per share."

Fox Fight Results in Q4 Sub Losses For Cablevision - 2011-02-16 17:06:16 | Multichannel News
 

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