Re: [VOOM] When VOOM goes under, who will pick up my equipment?

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jeffrey gold

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Original poster
It was announced yesterday that the NY Mets like the
NY Yankees are going to start their own TV cable
network. They are leaving MSG! Cablevision says this
is in violation of their contract but I am sure its
not as they made it clear they have financing from
Time Warner( Cablevisions arch rival) It just appears
that things are going down hill for CVC and they have
to spend all this advertising to appose the new west
side stadium and Voom is going south.
--- timmins <timmins@gmail.com> wrote:

> If it is any relation to the DSL providers of late,
> you typically get
> a letter and have 30 days to mail it in to them. The
> company that
> prepares their filing needs to gather all property
> for liquidation,
> usually....
>
>
> On Mon, 11 Oct 2004 20:22:49 -0000, Andy
> <andy.lewis@sbcglobal.net> wrote:
> >
> >
> > I just read this which makes me think VOOM will go

> under soon and
> > someone will have to pick up my equipment since

> it's leased....how
> > will they do that?:
> >
> > Rainbow DBS - VOOM
> >
> > As of June 30, 2004, Rainbow DBS had approximately

> 25,000 activated
> > VOOM customers. For the second quarter of 2004,

> Rainbow DBS reported
> > net revenues of $2.7 million, consisting primarily

> of subscription
> > revenue, as well as sales and rental income

> associated with
> > satellite receivers and related equipment. No

> revenues were recorded
> > for the same period in 2003, as the service had

> not yet launched.
> > The operating loss for the second quarter totaled

> $81.5 million
> > compared to an operating loss of $3.6 million in

> the year-earlier
> > period. The AOCF deficit for the second quarter

> 2004 was $71.8
> > million compared to $3.5 million in the

> year-earlier period. The
> > operating loss and AOCF deficit were primarily

> attributable to
> > subscriber acquisition costs, content development

> costs for the VOOM
> > high definition channels, and general and

> administrative expenses.
> >
> >
> >
> > Yahoo! Groups Links
> >
> >
> >
> >
> >

>





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