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What is 'Pawn Your Diamond'?
'Pawn Your Diamond' offers the community information
about the Fortune 500 companies.
Why the name?
The aim behind our name is to give young
entrepreneurs the incentive to start from scratch with
the hope that this small money they got from pawning a
diamond they had aside, grows and flourishes into a
multi billion dollar corporation.
Too dreamy?
Simply NOT. Such famous corporations did not exist
forever. Each and every foundation did start somewhere
and usually had one or a few founding members. So grab
the general concept and work hard!
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Fortune 500 - Spot Number 394
Company Information
Name: Cablevision Systems Corp.
Industry: Broadcasting & Cable TV
Description: Cablevision Systems Corporation is engaged primarily in the business of cable television. The Company's businesses include the residential telephone and high-speed modem businesses; the commercial telephone and Internet operations of Lightpath; the New York metropolitan area sports and entertainment business, including Madison Square Garden,professional sports teams, Radio City Music Hall, MSG Network and Fox Sports Net New York, as well as the MetroChannels and the regional news businesses, doing business as News 12 Networks in the New York metropolitan area; the electronics retail operations of Cablevision Electronics, doing business as The WIZ; and the motion picture theater business, doing business as Clearview Cinemas.
Financial Summary: CVC is a telecommunications company, offering cable television, Internet access, and telephone services. It also has interests in programming networks and entertainment businesses. For the 6 months ended 6/30/05, revenues rose 6% to $2.45B. Net loss from cont ops. fell 58% to $107M. Revenues reflect growth in the Telecommunications segment. Lower loss reflects a $65.5M gain on sale of affiliate interest and the absence of loss on extinguishment of debt.
Business Summary: Cablevision Systems Corporation is a cable operator in the United States. The Company also operates cable programming networks, entertainment businesses and telecommunications companies. As of December 31, 2004, the Company served approximately 2.96 million cable television subscribers in and around the New York City metropolitan area. Through subsidiary, Rainbow Media Holdings LLC, the Company owns interests in and manages national and regional programming networks, the Madison Square Garden sports and entertainment business, and cable television advertising sales companies. Through Cablevision Lightpath, Inc., the Company provides telephone services and Internet access to the business market. The Company also owns or has interests in a number of other businesses and companies that include Clearview Cinemas, a chain of 53 movie theaters, and Rainbow DBS, a direct broadcast satellite provider. The Company operates in four business segments.
Misc Details
Symbol: CVC
City: Bethpage
State: NY
ZIP Code: 11714
Address: 1111 Stewart Ave
Phone: 516-803-2300
Fax: 516-364-4913
Website: http://www.cablevision.com
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