With Cablevision [CVC] finally settled (and in his favor), YES front man Leo Hindery is resigning as CEO of the Yankees’ net and will spend some of his newly found spare time to campaign for John Kerry (D-MA). He will continue to serve as non-executive chmn. The resignation comes just 2 weeks after arbitrators ruled that CVC can’t offer YES on an a la carte basis. "With the Yankees season just under way and with the very successful Cablevision arbitration recently behind us, I believe that now is the ideal time to turn my attention to other challenges and to fulfilling my personal passions for philanthropy, global AIDS work and progressive politics," Hindery said in a statement. The announcement comes just weeks before Hindery heads to Le Mans, France, for a preliminary track test for the Le Mans 24 Hour race (June 12-13). Hindery will be joined by Porsche factory drivers Marc Lieb and Mike Rockenfeller in the No 87 YES Network Porsche 911 GT3 RSR.

The Daily


Ligado Raises Billions for 5G

Ligado Networks has successfully raised nearly $4bln in new capital as it pursues its plans to deploy a low-power terrestrial nationwide network in the L-band to

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