Didn't it say Dolan voted to shut down VOOM as well this time?mudpup2003 said:The news release states that cablevison agrees to shut down VOOM. Nothing new thats what they wanted. However, this does not mean the satellite service is going dark. It also states no more agreements are to be conducted, again nothing new, cablevision would be liable for these, does not mean the service is going dark. All this states is cablevision has washed its hands of VOOM, and it wants out of the liability. To many plans in the works for a company going dark.
which DOLAN??? hmmmmmkfried001 said:Didn't it say Dolan voted to shut down VOOM as well this time?
salsadancer7 said:...BUT by Mr. Horowitz leaving, does it mean he is heading up a different version of our beloved Voom and trying to get a headstart...or where you got your information, RRT2, state where he was going?
Critics yesterday also complained that Cablevision hasn't commented on Voom since last Thursday, when an agreement terminated between the company, which wants to shut down the service, and Cablevision Chairman Charles Dolan, who wants to keep it going by acquiring its assets. In March, Cablevision agreed to keep the service going until the end of the month as long as Mr. Dolan subsidized some of its losses while he tried to put together a deal.
Voom has continued to sign up customers since the end of the month although the March deal called for Voom to be shut down once the agreement terminated. Cablevision hasn't disclosed whether the company or Mr. Dolan is now responsible for its losses, which came in at $661.4 million last year. "It's generally bad form for any company to put out deadlines like that and let them pass without commenting," said Kurt Funderburg, an analyst with Harris Associates LP, an investment-management firm that advises mutual funds that own shares in Cablevision.
I agree. This is a newspaper report. Even if it is Newsday, a SEC filing or press release would be a better source. (Or even a new verified memo to employees.)BFG said:Geez, I'd think you guys would wait until the signal on your box actually goes dark before defeating
You've been through these press releases before...
Truer words have yet to be spoken.Sean Mota said:It has been fun but an official PR from Charles and Tom Dolan to subscribers will make it totally official. That is the least they can do for us.