Cablevision (US)
Encyclopedia : C : CA : CAB : Cablevision (US)
- Not to be confused with Cablevision, an unrelated Canadian cable company.
Cablevision Systems Corporation NYSE: [CVC]
Cablevision owns the Madison Square Garden arena in New York City, including the professional sports teams that play there—the New York Knicks, New York Rangers, and New York Liberty. The same company also owns the Hartford Wolf Pack, a minor-league professional hockey team, and operates (but does not own) two Connecticut sports venues, the Hartford Civic Center Coliseum and Rentschler Field. Other properties that are owned by Cablevision include Radio City Music Hall, Clearview Cinemas, and 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. The company is based in Bethpage, New York on Long Island and is headed by the Dolan family who reside on Long Island.
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. 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. Cablevision had offered a competitive bid that far exceeded the bid of the Jets for property owned by the Metropolitan Transit Authority, where the new stadium would have been located. 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.
Products and services
- Optimum Online
- Optimum Voice
- iO Digital Cable
- Optimum TV
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.Subsidiaries
Rainbow Media Holdings LLC owns a series of local and national cable networks including IFC, AMC, Fuse, News 12 and MSG Network.External links
- [Cablevision 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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