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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: Cablevision

Cablevision stories: 11 news summaries

Federal Court Ruling
Shakes Up Cable Industry

FCC limit doesn't take into account other sources of competition, court rules

Aug 28, 09 2:42 PM CDT
(Newser) - In a decision that could revolutionize the communications industry, a federal appeals court has struck down an FCC rule prohibiting a cable TV company from serving more than 30% of the market, Reuters reports. The court declared the rule "arbitrary and capricious,” noting that cable operators face competition... More »

MORE ABOUT:
Congress • Comcast • FCC • Cablevision • US Court of Appeals • antitrust • sattelite • telecom • Cox Communications • Charter Communications

 Cablevision Buys Newsday 

LI company wins battle for paper

May 12, 08 8:07 AM CDT
(Newser) - Cablevision will pay Tribune Co. $650 million for Newsday, the companies said this morning. The cable operator's bid for the Long Island daily and its free offshoot amNew York topped $580 million offers from New York Daily News owner Mortimer Zuckerman and News Corp., reports the Wall Street Journal. More »

MORE ABOUT:
newspaper • Rupert Murdoch • Cablevision • Newsday • Mortimer Zuckerman

 Murdoch Drops Newsday Bid 

News Corp. calls matching Cablevision's $650 million offer "uneconomical"

May 10, 08 1:44 PM CDT
(Newser) - Rupert Murdoch has dropped his $580 million bid for Newsday. Cable operator Cablevision has offered $650 million for the Long Island daily, and Murdoch’s News Corp. said a higher bid would be “uneconomical.” The media tycoon’s dropout was unexpected, Reuters says, considering Murdoch recently told... More »

MORE ABOUT:
Rupert Murdoch • Sam Zell • Tribune Company • Cablevision • Newsday • News Corp • Mortimer Zuckerman

Daily News Owner Makes Newsday Bid

Zuckerman v. Murdoch fight may hinge on
who can clear FCC

Apr 26, 08 6:02 AM CDT
(Newser) - Daily News owner Mort Zuckerman has matched Rupert Murdoch's bid for Newsday, the New York Times reports—but didn't go a penny over the $580 million the New York Post owner offered. Instead Zuckerman claimed his bid is the better one because, unlike Murdoch's, it doesn't run the risk of... More »

MORE ABOUT:
Rupert Murdoch • Sam Zell • FCC • Tribune Company • Cablevision • New York Post • Newsday • New York Daily News • Mortimer Zuckerman

 The Garden to Get a New Look 

$500 million in renovations set to begin spring of next year

Apr 4, 08 8:47 AM CDT
(Newser) - Madison Square Garden is getting a  $500-million overhaul. After pulling out of a plan to build a new arena as part of a new Penn Station project a few blocks away, Cablevision, the Garden's owners, unveiled a renovation plan yesterday.  The work is slated to start next spring and... More »

MORE ABOUT:
Cablevision • James Dolan • Michael Bloomberg • New York Rangers • Madison Square Garden • New York Knicks • Brisbin, Brook and Benyon

Dolans Lose Buyout Bid for
Cablevision

Investors nix plan to take company private; offer too low

Oct 24, 07 1:22 PM CDT
(Newser) - Cablevision shareholders today rejected a bid by the Dolans, the company's founding family, to take the Long Island-based cable provider private. The family offered $10.6 billion, or $36.26 a share, below what major investors felt was the firm's value, the AP reports. Analysts valued the company, which also... More »

MORE ABOUT:
cable TV • Cablevision • James Dolan

Dolan Deal for Cablevision Is
on the Rocks

Largest shareholder balks as family declines to increase offer

Oct 17, 07 8:18 AM CDT
(Newser) - The Dolan family bid to take Cablevision private is on the verge of collapse, the New York Times reports, after James Dolan announced last night that the $10.6 billion bid won't be upped, and the company’s largest shareholder balked. ClearBridge Advisors, which owns 13.6% of shares, threatened... More »

MORE ABOUT:
Cablevision • James Dolan • ClearBridge

Knicks' Sex Harass Loss Threatens
Dolan Deal

$11.6M judgment could pack double whammy

Oct 3, 07 7:38 AM CDT
(Newser) - Yesterday's $11.6 million sex harassment judgment against the New York Knicks was not only mortifying for the team, it could undermine the Dolan family's plan to privatize Cablevision, the media giant that owns it, the Wall Street Journal reports. The decision against head coach Isiah Thomas came just three... More »

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basketball • Cablevision • New York Knicks • Isiah Thomas • Dolan

(Newser) - Strong factory orders and media-buyout mania helped push the Dow to another record high, closing at 13,211. The index jumped 76 points, riding news of yesterday's News Corp. offer for Dow Jones and Co. and today's Cablevision deal, as well as a better-than-expected March bump in factory orders. More »

MORE ABOUT:
stock market • Rupert Murdoch • NASDAQ • Dow Jones • Cablevision • News Corp

Dolans' Offer
Scores With
Cablevision

Third time's the charm for founding family buying back the company

May 2, 07 11:20 AM CDT
(Newser) - The Dolans have finally  struck a deal to take Cablevision private. The $10.6 billion transaction, announced today, ends two years of wrangling with the entertainment conglomerate's board, and is a victory for Charles, the company's 80-year-old founder and his son James, now CEO. More »

MORE ABOUT:
entertainment • television • Cablevision • Charles Dolan • James Dolan • business • privatization

Dolans Make Third Run At  Buying Back Cablevision

Offer shows confidence in cable future

May 2, 07 8:39 AM CDT
(Newser) - Cablevision's founding family is close to taking the entertainment giant private, the Journal reports. The Dolans have tried and failed twice since 2005 to strike a deal with the board, but the third time may be the charm. The magic number is $36 a share, up from $30 in an... More »

MORE ABOUT:
television • Time Warner • cable TV • Verizon • Cablevision • Charles Dolan • James Dolan

11 Stories


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