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Last $20.44 USD
Change Today 0.00 / 0.00%
Volume 1.9M
CVC On Other Exchanges
Symbol
Exchange
New York
Munich
As of 2:37 PM 05/5/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

1111 Stewart Avenue

Bethpage, NY 11714

United States

Phone: 516-803-2300

Fax:

Cablevision Systems Corporation, through CSC Holdings, LLC, owns and operates cable systems in the United States. As of December 31, 2014, the company served approximately 2.7 million video customers in and around the New York metropolitan area. The company’s cable systems (also referred to as its broadband network) in the New York metropolitan area comprise a cluster of cable systems under common ownership in the United States. The company also provides high-speed data (also referred to as high-speed Internet access) and Voice over Internet Protocol (VoIP) services using its broadband network. Through Cablevision Lightpath, Inc. (Lightpath), a wholly-owned subsidiary, the company provides Ethernet-based data, Internet, voice and video transport and managed services, to the business market in the New York metropolitan area. In addition, through Newsday Holdings LLC (Newsday Holdings), the company owns approximately 97.2% of Newsday LLC (Newsday) which operates a newspaper publishing business. The company also owns a cable television advertising sales business and regional news programming services businesses. Segments The company classifies its operations into three segments: Cable, consisting principally of its video, high-speed data, and VoIP services; Lightpath; and Other. Cable segment The company’s cable television systems offer varying packages of video service. The company’s video service is marketed under the ‘Optimum’ brand name. Its video services include, among other programming, local broadcast network affiliates and independent television stations, certain other news, information, sports and entertainment channels, such as CNN, AMC, CNBC, ESPN, MTV, The NFL Network and regional sports networks, such as MSG Network, and certain premium services such as HBO, Showtime, The Movie Channel, Starz, Encore and Cinemax. The company also offers interactive video service, which enables customers to receive video on demand and subscription video on demand services, as well as interactive entertainment and advertising services. It also provides high-speed data services using its broadband network. High-speed data services are provided to residential and small business customers through a cable modem device. The high-speed data service is marketed as ‘Optimum Online’. The company offers VoIP services to its residential and small business Optimum Online customers, marketed as ‘Optimum Voice’. Subscriber Services Video Services: The company’s cable systems offer a government mandated broadcast basic level of service which includes local over-the-air broadcast stations, such as network affiliates, and public, educational or governmental channels. All of its cable systems also offer a basic package of services, generally marketed as ‘The Optimum Value Package’, which includes, among other programming, news, information, entertainment, and sports channels, such as Fox News Channel, CNBC, TLC, ESPN, AMC, the Disney Channel, and regional sports networks, such as MSG Network. For additional charges, its cable systems provide premium services such as HBO, Showtime, Cinemax, Starz, Encore and The Movie Channel. The Optimum App, available for the iPad, iPhone, iPod touch, laptop, Kindle Fire and select Android phones and tablets, extends the Optimum television experience to these devices. The App also allows customers to browse Optimum's program guide, search for programming, and schedule DVR recordings, inside and outside the home. Packaging of its video product includes options with programming to suit the needs of its individual customers. Offerings include various levels of programming, including premium channels, news, sports, children's programming, general entertainment, international channels, and digital music at various price points. Optimum Online: Optimum Online is a high-speed data offering, which connects customers to the Internet using the same network that delivers its video service. The company’s Internet speed tiers deliver up to 5 megabits per second (Mbps) downstream and 1Mbps upstream for its Optimum Online Internet Basics level of service; 15Mbps downstream and 5Mbps upstream for it

 

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