Cablevision said it will "fully cooperate" with separate investigations by the SEC and the U.S. Attorney’s Office into its stock-option grants in the ’97-’02 period. The investigations, revealed in CVC’s SEC 8-K filing Wed, stem from the MSO’s earlier disclosure that it might need to restate results after finding inconsistencies related to the grants (Cfax, 8/9). CVC also warned of potential class-action lawsuits and "additional derivative actions" related to the matter but said it wouldn’t file further 8-Ks describing them if they occur. In addition, CVC subsidiary CSC Holdings announced that in light of its Aug 8 disclosure it would extend until Sept 8, 5pm ET, its offer to exchange up to $500mln aggregate principal amount of its 6-3/4% Senior Notes due ’12 for an equal aggregate amount of its registered 6-3/4% Series B Senior Notes due ’12. The original notes were issued and sold in a private placement in Apr ’04.

The Daily

Subscribe
Friday–January 9

Eventful 2025 Sets Up a Busy Year Ahead

If 2025 was about positioning, 2026 is shaping up as a year of execution. That goes for the FCC, which has set the stage for spectrum auctions, broadcast ownership rules reform and heightened scrutiny of network/affiliate dynamics, as well as companies hoping to close on high-profile mergers that would reconfigure their respective industries.

Read the Full Issue
The Skinny is delivered on Tuesday and focuses on the cable profession. You'll stay in the know on the headlines, topics and special issues you value most. Sign Up

Calendar

Jan 16
Cablefax 100 Awards 2026 CFX100 2026 | Nomination Deadline
Full Calendar

Jobs

Seeking an INDUSTRY JOB or hiring for one?
VIEW JOBS

In conjunction with our sister brand, Cynopsis, we are offering hiring managers a deep pool of media-savvy, skilled candidates at a range of experience levels and sectors. The result will be an even more robust industry job board, to help both employers and job seekers.

Contact us at marketing@cynopsis.com, for more information about posting a job on the website and our Jobs newsletter, sent twice weekly to 85,000 media professionals.