TELECOM Digest OnLine - Sorted: Cablevision's Voom Gets a Reprieve

Cablevision's Voom Gets a Reprieve

Monty Solomon (
Tue, 8 Mar 2005 21:45:50 -0500

By SETH SUTEL AP Business Writer

NEW YORK (AP) -- Cablevision Systems Corp., a New York-area cable
television provider, has reached a deal with its own chairman to keep
a satellite TV venture running through the end of the month while he
continues trying to assemble a deal that would keep the business

The announcement late Tuesday signaled a cease-fire in a bitter family
feud that has rocked the country's sixth-largest cable
company. Cablevision CEO James Dolan had earlier sided with other
board members against his father Charles, the company's chairman and
founder, in voting to shut down the startup satellite venture, called


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