Cablevision Systems Corporation (Cablevision), through its subsidiary, CSC Holdings, Inc. (CSC Holdings), is a cable operator in the United States. The Company operates cable programming networks, entertainment businesses, telecommunications companies and newspaper publishing business. As of December 31, 2008, the Company served approximately 3.1 million basic video subscribers in and around the New York City metropolitan area. Through Rainbow Media Holdings LLC, Cablevision owns interests in companies that produce and distribute national entertainment and regional news programming services, the Madison Square Garden sports and entertainment businesses and cable television advertising sales companies. Through Cablevision Lightpath, Inc., the Company provides telephone services and Internet access to the business market. In addition, it owns approximately 97.2% of Newsday LLC. The Company operates in four segments: Telecommunications Services, Rainbow, Madison Square Garden and Newsday.
Quick Financial Synopsis
BRIEF: For the nine months ended 30 September 2009, Cablevision Systems Corporation's revenues increased 9% to $5.63B. Net income from continuing operation totaled $207.2M, up from $96M. Revenues reflect higher sales from Rainbow segment, increased income from Telecommunication Services segment and the presence of Newsday segment. Net income also reflects decreased interest expenses and lower depreciation & amortization expenses.
Company Address
Cablevision Systems Corporation
1111 Stewart Avenue Bethpage NY 11714
P: +1516.8032300 F: +1516.3644913