Cablevision Throwing Less Gold at Rainbow

[SatelliteGuys Reporter]

At issue is the financing of Voom a satellite-delivered service Cablevision launched earlier this year focusing on high definition television programming. Given the head start that satellite services owned by DirecTV NYSE and EchoStar Nasdaq have on Voom and the likely costs of funding Voom until it starts generating cash investors have questioned the wisdom of Cablevision's launch of the service.

http://www.thestreet.com/_tscana/tech/georgemannes/10175624.html