AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Cablevision drops Voom.
By Harry Berkowitz, South Florida Sun-Sentinel Knight Ridder/Tribune Business News
Jan. 21--Defying chairman Charles Dolan, Cablevision Systems Corp. announced last night it will disband its Voom satellite TV service by selling the failed venture's sole satellite to competitor EchoStar Communications.
The announcement came one day after Dolan told Voom employees in a remarkable internal memo that he might personally try to buy the nationwide service from the cable company he founded four decades ago rather than see his vision of a futuristic satellite TV operator disbanded.
On Wednesday, the board decided by a narrow margin to sell off Voom in one form or another rather than invest hundreds of millions of dollars more in a loss-plagued operation that …
-
- Baseball tests even its most faithful fans.(Knight Ridder Newspapers)
-
News wire article from: Knight Ridder/Tribune News Service
Cote, Greg
December 14, 2001
700+ words
