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

Disney Pulls Plug on Fox Life

Fox Life has been on life support for years, with the end is almost here. Disney plans to shutter the Spanish-language lifestyle network in the U.S. on March 31. It was one of the

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 28
Cablefax 100 – 2022 Nominations Due: January 28, 2022
Mar 11
The FAXIES 2022 Entry Deadline: March 11
Apr 1
Cablefax Top Ops – 2022Nominations Due: April 1, 2022
Jun 3
The Diversity List – 2022Nomination Deadline: June 3
Aug 12
Most Powerful Women – 2022Nominations Due: August 12
Full Calendar

Jobs

Seeking an INDUSTRY JOB?
VIEW JOBS

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 John@cynopsis.com for more information.