Cablevision shares sank 9.5% Thurs after the MSO reported a $110mln financial impact on AOCF in 4Q from Superstorm Sandy (-44% to $350mln). “The storm had a significant negative impact on our customer metrics in 4Q,” CEO Jim Dolan said during CVC’s earnings call. Cablevision suspended normal collection efforts and non-pay disconnects because of the storm and estimated the number of accounts that it believes would have been disconnected. Here’s what that means in terms of customer losses from video, HSD and voice. Additionally, Dolan comments on escalating programming costs and the Viacom lawsuit filed this week.

More top stories in today’s CableFAX Daily:

 
A federal jury awarded DISH $4.9mln from ESPN Thurs, far less than the more than $150mln the satellite company had sought in the breach of contract case. But the DBS company prevailed on one of its claims.
 
The 10pm Season 3 premiere of A&E’s “Duck Dynasty” made for the net’s most-watched telecast of all time among all key demos. More details on the ratings win here.
 
In a joint hearing with the Senate Homeland Security and Governmental Affairs committee, members will examine President Obama’s Executive Order on cybersecurity. Meanwhile, discussions on media violence continue on the Hill.

The Daily

Subscribe

Next Frontier: CableLabs Explores More than Speed Connectivity Era

Internet speed records are all the rage these days, with two separate breakthroughs making the headlines recently. One is more in the distant future, but the other hits closer to home.

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

Sep 11
2025 Faxies Awards Faxies Nominations Open! Final deadline: 4/4/25
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 Carley Ashley, [email protected], for more information about posting a job on the website and our Jobs newsletter, sent twice weekly to 85,000 media professionals.