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


AT&T, Others Take on FCC Over Opening of 6GHz Band

AT&T , utility providers and others took on the FCC Friday at the D.C. Circuit Court of Appeals over the Commission’s unanimous decision in 2020 to open the 6GHz band for unlicensed users.

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


Dec 7
Most Powerful Women CelebrationSave the Date!
Full Calendar


Seeking an INDUSTRY JOB?

Hiring? 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 for more information.