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Fox Dispute 'A Rational Thing,' Says Cablevision COO
Company sees broadband, VoIP gains, video losses
by Karl Bode 02:07PM Thursday Nov 04 2010
Cablevision third quarter earnings are out, and while the company posted a higher quarterly profit due to 9,600 new Internet subscribers and 9,300 new phone subscribers, they followed the general cable TV trend and lost 24,500 basic video customers (Sanford Bernstein, which has been downplaying the cord cutting trend, predicted they'd lose 14,000).

Cablevision wouldn't comment on how many customers left during the company's recent ugly battle with News Corporation, which resulted in Fox channel blackouts during the World Series. "Our behavior was not uneconomic," Cablevision Rutledge said on a conference call. "We were doing a rational thing."

Previously, Cablevision insisted their settlement with fox was anything but economic, acknowledging they "agreed to pay Fox an unfair price for multiple channels of its programming," including "many in which our customers have little or no interest."

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moonpuppy

join:2000-08-21
Glen Burnie, MD

Want some respect from the customers....

.....then spill the beans. Spell out these agreements and let the viewers decide.
33358088
Premium
join:2008-09-23
kudos:2

they dont answer to consumers

just whom do you think you are anyways a person that pays there bills or something.

PolakPola
Premium
join:2001-12-17
Thornwood, NY
kudos:1

They are going to the wrong direction...

"Cablevision wouldn't comment on how many customers left during the company's recent ugly battle with News Corporation, which resulted in Fox channel blackouts during the World Series."

I know one guy who gave up his cable service because he lost Fox, he is my friend and he ordered FIOS.
I left Cablevision almost a yeard ago for giving me dial-up like speed for my boost subscription. I'm a happy FIOS customer since.
jimboe

join:2000-08-14
New York

Cablevision-

The company that can do no wrong.

Bill Neilson
Premium
join:2009-07-08
Arlington, VA

What makes this situation even funnier and pathetic

is that Cablevision is going to raise consumers rates anyway and this gives them a perfect excuse to do so

Hell, they could have won this battle v. Fox and still raised rates the EXACT same
mjdlight

join:2002-06-30
Chicago, IL

Re: What makes this situation even funnier and pathetic

This is a man who gets things. Win, lose, or draw with FOX, the rates were going up.

Cablevision is losing video subscribers. Only way to satisfy The Street's desire for profit growth in every sector of the business is to raise rates for those who remain.
rody_44
Premium
join:2004-02-20
Quakertown, PA

Re: What makes this situation even funnier and pathetic

As everything goes up so does cable rates.

Bill Neilson
Premium
join:2009-07-08
Arlington, VA

Re: What makes this situation even funnier and pathetic

As evidence by people on this forum, people do not see speed increases yet see price increases
Mr Matt

join:2008-01-29
Eustis, FL
kudos:1

Criminals rationalize their crimes all the time.

Extortionists rationalize their crimes just like greedy corporations.
majortom1029

join:2006-10-19
Lindenhurst, NY
kudos:1

hmm

Well if verizon was that good wouldnt verizon get all of long island wired instead of cherry picking the neighborhoods that they want?

Heck here where i live on long island i cannot even get dsl let alone fios plus i have too many trees for satellite.

So i am stuck with cablevision. if verizon was sooo much better then cablevision they would have had all of long island wired by now.
tmc8080

join:2004-04-24
Brooklyn, NY

Re: hmm

Nearly all of Long Island (suburbs) are wired for FIOS unless you live in the rural boondocks or a municipality which pissed off Verizon on their Island-Wide overlay of copper. NYC boroughs are another story...
jimboe

join:2000-08-14
New York
said by majortom1029:

Well if verizon was that good wouldnt verizon get all of long island wired instead of cherry picking the neighborhoods that they want?
...
if verizon was sooo much better then cablevision they would have had all of long island wired by now.
Puh-lease.

FiOS has only been in DNY for perhaps 3 years now. It took Cablevision many many more years than that to fully complete its' wiring of the same area.

AND- those same exact charges you so callously level here, quote, un-quote, "cherry picking", were *also* leveled against Cablevision in the same, unfair manner.

Jmartz

join:2000-07-20
Tenafly, NJ

Employee Free Cable

Cablevision could make a fortune if they would stop giving out free Gold Package service and Internet to employees. Work part time at Clearview Cinemas? You get over $149/month worth of free stuff each month and you don't even touch Cable wires unless it's inside your house. Thousands of employees, times over $150/month = a lot of added revenue.

Verizon doesn't hand out employees FREE stuff, they get a discount, but they still pay for it.
tmc8080

join:2004-04-24
Brooklyn, NY

Re: Employee Free Cable

(some) managers get it free
moonpuppy

join:2000-08-21
Glen Burnie, MD
This was the case when United Artists Cable (formerly United cable, later TCI and then Comcast) employees would get free tickets to United Artists Theatres. None of the theater employees (except maybe the managers) would get free cable at all.