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- Published: 16 Oct 2010
- Uploaded: 23 Feb 2011
- Author: paulboat67
Company name | Cablevision Systems Corporation |
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Company logo | |
Company type | Public () |
Foundation | 1973 |
Founder | Charles F. Dolan |
Location | Bethpage, New York, U.S. |
Area served | New YorkNew JerseyConnecticutPennsylvania |
Key people | Charles F. DolanChairman of the BoardJames L. DolanPresident CEO Director |
Industry | Cable television, Professional sports |
Products | iO Digital Cable (Television)Optimum Online (Internet)Optimum Voice (VoIP Phone)Optimum Lightpath (Business)News 12Clearview CinemasNewsday |
Revenue | $ 7.230 billion - 2008 |
Operating income | $ 687.26 million - 2008 |
Net income | $ -227.58 million - 2008 |
Assets | $ 9.383 billion - 2008 |
Equity | $ -5.362 billion - 2008 |
Num employees | 14,471 - September 2009 |
Subsid | Rainbow Media Holdings, LLCNewsday, LLC - 97.2% |
Divisions | Telecommunications Services |
Homepage | http://www.cablevision.com |
In the 1980s, Cablevision also expanded into the Chicago, Boston, and Cleveland areas. By the mid-1990s Cablevision would offer service to 2.9 million subscribers in 19 states. Through a series of transactions in the late 1990s, Cablevision decided to consolidate their cable systems into three core areas: New York, Cleveland, and Boston. Despite reducing the number of areas served they were able to bring the number of subscribers to 3.5 million through these transactions. One major transaction made at this time was with Tele-Communications Inc. (TCI). Cablevision gained 10 New York area cable systems from TCI and in exchange TCI gained 33% ownership in the company. In 1999, AT&T; took over TCI thus giving them the one-third ownership in Cablevision. In 2000, Cablevision sold-off its remaining systems outside of the New York area in Boston, Cleveland, and Kalamazoo, Michigan to Media One, Adelphia, and Charter Communications respectively. AT&T; sold its share of Cablevision in 2001.
On June 13, 2010, Cablevision announced that it would acquire Bresnan Communications for $1.37 billion. Bresnan provides service to about 308,000 cable subscribers in Colorado, Montana, Utah, and Wyoming. This would be the first time in a decade that Cablevision has owned systems outside of the New York area.
Additionally, Cablevision owned exclusive rights to the MSNBC news network in its service territory, preventing its carriage by FiOS in overlapping areas. However, this exclusivity ended in February, 2010.
The removal of both stations occurred on the weekend of the 82nd Academy Awards, which was scheduled to be one of ABC's largest yearly specials, and was projected to cause a devastating blow to advertisers for the Oscars and to Cablevision itself.
On Sunday March 7, 2010 at 12:01 a.m. ET, both WABC and WPVI were removed from Cablevision leaving a black screen in their place, confirming the rumors that if a deal with Cablevision and ABC was not reached by midnight, the network and other Disney-owned channels would go off the air.
Cablevision began looping a public service announcement on each affected channel and forcing all of its customers' set-top boxes to channel 1999, which was looping the same annnouncement, much like was done when Scripps Networks pulled their cable channels' programming. Besides providing certain details of the disagreement they stated that ABC shows could be watched online through TV websites such as Hulu.
Also that day, Cablevision announced through e-mail that their entire film catalog of on-demand movies would be available without charge until midnight that evening as an apology to their customers.At 8:50 p.m. that day, WABC and WPVI returned to Cablevision's programming, after a notification during the 82nd Academy Awards announced progression in "Work to complete our negotiations", and the return of ABC's programming during the negotiations.
On October 16, 2010 at 12:01am, Fox pulled all of their networks involved in the dispute from Cablevision subscribers. Because of Cablevision's dispute with FOX, Cablevision customers missed multiple new episodes of FOX network programming, multiple weeks of the NFL season, and the entire NLCS. Cablevision looped a public service announcement on each affected channel and forcing all of its customers' set-top boxes to channel 1999, which looped the same annnouncement, much like was done when Scripps Networks and ABC/Disney pulled their cable channels' programming. On October 27, 2010, the same day as Game 1 of the World Series, Cablevision offered a new one-year deal to FOX, which was rejected, continuing the blackout. Cablevision also repeatedly called on FOX to submit to binding arbitration, an offer which FOX repeatedly did not take Cablevision up on.
The channels were restored during the evening of October 30, 2010, the same day as Game 3 of the World Series. News Corp and Cablevision reached a deal "in principle" to restore the channels. News Corp did not disclose the terms of the deal, but Cablevision said it paid the higher fees Fox and News Corp wanted, "because it does not think its customers should any longer be denied the Fox programs they wish to see."
In 2006, the Dolan family announced a plan to purchase the company and privatize it, after a failed attempt in 2005, which would have spun off Rainbow Media as a publicly traded company.
On May 2, 2007, after repeated attempts, the Dolan family announced that a deal worth $10.6 billion had been reached for Cablevision to be taken private, but agreement was not reached with other shareholders. Cablevision stock trades under the ticker symbol CVC on the New York Stock Exchange.
On February 9, 2010 Cablevision spun off its subsidiary Madison Square Garden, L.P. into a new company named Madison Square Garden, Inc.. Although a separate company, James Dolan is the chairman and remains an important figure in both companies. The company has three division consisting of professional sports teams, two regional sports networks, and several entertainment venues.
MSG Inc. controls the Madison Square Garden arena in New York City, and the professional sports teams that play there—the New York Knicks, New York Rangers, and New York Liberty. The same company also owns the Hartford Wolf Pack, a minor-league professional hockey team affiliated with the Rangers.
MSG Inc. also holds the TV rights for the Knicks, Rangers, Liberty, New York Islanders, New Jersey Devils, Buffalo Sabres and Red Bull New York. These games are aired on their MSG Network and MSG Plus (formerly FSN New York) cable channels. Cablevision previously had the rights to the New York Yankees, New Jersey Nets and New York Mets, who left to start their own channels. Cablevision also previously attempted to purchase the Yankees, Mets and Boston Red Sox, in part, to control their broadcast rights.
Other properties that are owned by MSG Inc., include the Beacon Theater, WaMu Theater, and a long-term lease to operate Radio City Music Hall.
Cablevision also owned the former SportsChannel America from its beginning in 1976 until it was dissolved into Fox Sports Net in the late 1990s. In 2007 Cablevision sold its control of FSN Bay Area and FSN New England to Comcast for $570 million. These were the last of their regional sports networks outside of the New York area.
Cablevision also once owned New York-area electronics chain The Wiz, before closing it.
Category:Cable television companies of the United States Category:Companies established in 1973 * Category:New York Rangers Category:New York Knicks Category:New York Liberty Cablevision
This text is licensed under the Creative Commons CC-BY-SA License. This text was originally published on Wikipedia and was developed by the Wikipedia community.
Name | Jay Leno |
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Caption | Leno in July 2008 |
Birth name | James Douglas Muir Leno |
Birth date | April 28, 1950 |
Website | The Tonight Show with Jay Leno |
Spouse | Mavis Leno (1980–present) |
Signature | Jay Leno Autograph.svg |
Notable work | The Tonight Show with Jay Leno (host, 1992–2009)The Jay Leno Show(host, 2009–2010)The Tonight Show with Jay Leno (host, 2010– ) |
From 1992 to 2009, Leno was the host of NBC's The Tonight Show with Jay Leno. Beginning in September 2009, Leno started a primetime talk show, titled The Jay Leno Show, which aired weeknights at 10:00 p.m. (Eastern Time, UTC-5), also on NBC. After The Jay Leno Show was canceled in January 2010 amid a host controversy, Leno returned to host The Tonight Show with Jay Leno on March 1, 2010.
In 2004, Leno signed a contract extension with NBC which would keep him as host of The Tonight Show until 2009. Later in 2004, Conan O'Brien signed a contract with NBC under which O'Brien would become the host of The Tonight Show in 2009, replacing Leno at that time.
During the 2007–08 Writers Guild of America strike, Leno was accused of violating WGA guidelines by writing his own monologue for The Tonight Show. While NBC and Leno claim there were private meetings with the WGA where there was a secret agreement allowing this, the WGA denied such a meeting. Leno answered questions in front of the Writers Guild of America, West trial committee in February 2009 and June 2009, and when the WGAW published its list of strike-breakers on 11 August 2009, Leno was not on the list.
Leno said in 2008 that he was saving all of his income from The Tonight Show and living solely off his income from stand-up comedy.
On April 23, 2009, Leno checked himself into a hospital with an undisclosed illness. He was released the following day and returned to work on Monday, April 27. The two subsequently cancelled Tonight Show episodes for April 23 and April 24 were Leno's first in 17 years as host. Initially, the illness that caused the absence was not disclosed, but later Leno told People magazine that the ailment was exhaustion.
As a result, Leno was initially not allowed to continue telling jokes about Jackson or the case, which had been a fixture of The Tonight Show's opening monologue in particular. But he and his show's writers used a legal loophole by having Leno briefly step aside while stand-in comedians took the stage and told jokes about the trial. Stand-ins included Roseanne Barr, Drew Carey, Brad Garrett, and Dennis Miller among others.
On December 8, 2008, it was reported that Leno would remain on NBC and move to a new hour-long show at 10 p.m. Eastern Time (9 p.m. Central Time) five nights a week. This show follows a similar format to The Tonight Show, tapes at the same lot, and retains many of Leno's most popular segments. Late Night host Conan O'Brien was his successor on The Tonight Show.
Jay Leno's new show, titled The Jay Leno Show, debuted on September 14, 2009. It was announced at the Television Critics Association summer press tour that it would feature one or two celebrities, the occasional musical guest, and keep the popular "Headlines" segments, which would air near the end of the show. First guests included Jerry Seinfeld, Oprah Winfrey (via satellite), and a short sit-down with Kanye West discussing his controversy at the 2009 MTV Video Music Awards.
On January 10, NBC confirmed that they would move Jay Leno out of primetime as of February 12 and intended to move him to late night as soon as possible. TMZ reported that O'Brien was given no advance notice of this change, and that NBC offered him two choices: an hour-long 12:05am time slot, or the option to leave the network. On January 12, O'Brien issued a press release that stated he would not continue with Tonight if it moved to a 12:05am time slot, saying, "I believe that delaying The Tonight Show into the next day to accommodate another comedy program will seriously damage what I consider to be the greatest franchise in the history of broadcasting. The Tonight Show at 12:05 simply isn’t The Tonight Show."
On January 21, it was announced that NBC had struck a deal with O'Brien. It was decided that O'Brien would leave The Tonight Show. The deal was made that O'Brien would receive a $33 million payout and that his staff of almost 200 would receive $12 million in the departure. O'Brien's final episode aired on Friday, January 22. Leno returned as host of The Tonight Show following the 2010 Winter Olympics on March 1, 2010.
On July 1, 2010, Variety reported that total viewership for Jay Leno's Tonight Show had dropped from 5 million to 4 million for the second quarter of 2010, compared to the same period in 2009. Although this represented the lowest second-quarter ratings for the show since 1992, Tonight was still the most-watched late night program, ahead of ABC's Nightline (3.7 million) and David Letterman's Late Show (3.3 million). Ratings over the following summer, when compared to the same period in 2009 with O'Brien hosting The Tonight Show (including O'Brien's highly rated debut), showed that while total viewership was 12% higher for Leno, viewership in the important "adults aged 18-49" demographic was 23% lower. NBC ratings specialist Tom Bierbaum commented that due to the host being out of late night television for a period of time and the subsequent 2010 Tonight Show conflict, Leno's ratings fall was "not a surprise at all".
Actor and comedian Patton Oswalt was among the first celebrities to openly voice disappointment with Leno, saying, "Comedians who don't like Jay Leno now, and I'm one of them, we're not like, 'Jay Leno sucks;' it's that we're so hurt and disappointed that one of the best comedians of our generation... willfully has shut the switch off." Rosie O'Donnell has been among O'Brien's most vocal and vehement supporters, calling Leno a "bully" and his recent actions "classless and kind of career-defining." Howard Stern, who has been openly critical of Leno for years, has become even more so in the wake of the controversy.
Bill Zehme, the co-author of Leno's autobiography Leading with My Chin, told the LA Times: "The thing Leno should do is walk, period. He's got everything to lose in terms of public popularity by going back. People will look at him differently. He'll be viewed as the bad guy."
He is known for his prominent jaw, which has been described as mandibular prognathism. In the book Leading with My Chin he stated that he is aware of surgery that could reset his mandible, but does not wish to endure a prolonged healing period with his jaws wired shut.
Leno is dyslexic. He claims to sleep only four to five hours each night. Leno does not drink or smoke, nor does he gamble. He spends most of his free time visiting car collections or working in his private garage. his total net worth is unknown, but has been estimated to be at least $150 million or more. In an interview with USA Today, Leno claimed that he has never spent any of the money he's made from The Tonight Show, and has always lived off of the millions of dollars he makes each year from performing stand-up.
In 2009, he donated $100,000 to a scholarship fund at Salem State College in honor of Lennie Sogoloff. Mr. Sogoloff gave Leno his start at his jazz club, Lennie's-on-the-Turnpike.
in his Hispano-Suiza Aero]]
He has a regular column in Popular Mechanics which showcases his car collection and gives advice about various automotive topics, including restoration and unique models, such as his jet-powered motorcycle and solar-powered hybrid. Leno also writes occasional "Motormouth" articles for The Sunday Times, reviewing high-end sports cars and giving his humorous take on automotive matters.
Category:American stand-up comedians Category:American television talk show hosts Category:American voice actors Category:Emerson College alumni Category:Emmy Award winners Category:Car collectors Category:Motorcycle Hall of Fame inductees Category:People from Andover, Massachusetts Category:People from New Rochelle, New York Category:SEMA Members Category:1950 births Category:Living people Category:American people of Italian descent Category:American people of Scottish descent *
This text is licensed under the Creative Commons CC-BY-SA License. This text was originally published on Wikipedia and was developed by the Wikipedia community.