Webcast: Q4 2004 Cablevision Systems Corp. Earnings Conference Call

[riffjim4069]

Title: Q4 2004 Cablevision Systems Corp. Earnings Conference Call
Date: Wednesday, February 23, 2005
Time: 10:00 AM ET
Duration: 1 hour

Link: http://www.corporate-ir.net/ireye/ir_site.zhtml?ticker=CVC&script=1010&item_id=1018153

Thread will be re-opened at 9:55am ET on 2/23/05​

 

[Sean Mota]

Thread has been opened... If you login to the webcast is playing music right now.

Update: Operator Message... Thank you for your patience and remain on the line.

 

[tdillon]

I'm hearing hold music.

 

[Scott Greczkowski]

Shall we open the chat room? Or just chat here?

 

[riffjim4069]

Chat here sounds fine with me...

 

[Scott Greczkowski]

Hmm no Charles Dolan at the chat.
Wilt is there though.

 

[Sean Mota]

Just started... James Dolan in and Wilt Hildenbrand....

 

[hbk409]

who gets to ask the questions?

 

[madpoet]

Lord this is boring stuff

 

[James Long]

The press release is up with loss figures - no RainbowDBS subscriber count.
Cablevision Financial News

Rainbow DBS lost 661,466,000 contributing to Cablevision's loss of 59,437,000 (full year).
Without Rainbow DBS, Cablevision would have made $600 million ...

Fourth quarter 2004 revenue, operating loss, and AOCF deficit for Rainbow DBS were $5.3 million, $449.8 million, and $190.0 million, respectively. Full year 2004 revenue, operating loss, and AOCF deficit for Rainbow DBS were $14.9 million, $661.4 million and $367.1 million, respectively. The fourth quarter and full year operating loss reflect an impairment charge of $246.0 million, reflecting management's estimates of the excess of the carrying value over the fair value of long lived assets, which has been recorded in depreciation and amortization. In addition, fourth quarter and full year operating loss and AOCF include $108.9 million of technical and operating expense that reflects the write-down to net realizable value of certain assets consisting primarily of equipment inventory and licensed film rights.​

JL

 

[hbk409]

here we go

 

[Sean Mota]

James Dolan:

4th Quarter Results:

CVC revenue increased 14%.
Rainbow core revenue increased 28%
Telecomunicaton revenue increased (some big number). Missed it.

DBS... company exits DBS... nothing much said of what we already know.

 

[hbk409]

hope thats not all they are going to say about dbs

 

[madpoet]

Talking about DBS now...

 

[Sean Mota]

Telecomunication Business... (boring stuff)... Hoping that someone asks some good questions at the end.

 

[hbk409]

Telecomunication Business... (boring stuff)... Hoping that someone asks some good questions at the end.

sean do you know who/how ask the questions?

 

[Sean Mota]

sean do you know who/how ask the questions?

Investors or reporters?

 

[madpoet]

alking about all the subscriber numbers now... come on Voom...

 

[James Long]

See PR Link above for some numbers (not Voom Subscriber count though ...)

 

[hbk409]

is it just me or does the speaker sound like he is slurring a lot of words