BNET Industries

Last Fiscal Year Sales:$5.1B
- Private
- US
Dow Jones Description
Keeping you glued to your seat! CSC Holdings, Inc. (NYSE: CVC) is a subsidiary of Cablevision Systems Corporation. It is a leading telecommunications and entertainment company, offering high-speed internet access, digital cable television, advanced digital telephone services, Madison Square Garden and its professional sports teams, world-renowned entertainment venues and national television program networks. Cablevision currently operates the nation's biggest cable cluster of 3 million households. Its other businesses are Cablevision's iO: Interactive Optimum unprecedented suite of digital services, Optimum Voice digital telephone service, Radio City Music Hall, and Clearview Cinemas. Based in Bethpage, NY, the company was founded in 1973 and has revenue of $5.2 billion.
CFO & Executive Vice President
Michael P. HusebyNumber of Employees 12,768
Peer Companies
NAICS Code Cable and Other Subscription Programming: 515210
Recent Events
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UPDATE 1-Cablevision prices $900 million debt offering
News & Analysis
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csc holdings inc. - All News and Analysis
CSC Holdings Extends Exchange Offer Relating to 6-3/4% Senior Notes Due 2012
BETHPAGE, N.Y. -- CSC Holdings, Inc., a subsidiary of Cablevision Systems Corporation (NYSE: CVC), today announced that it will extend until April 19, 2007, at 5:00 P.M., New York City time, its offer to exchange up to $500 million aggregate principal amount of its 6-3/4% Senior Notes due 2012, which...
CSC Holdings Extends Exchange Offer Relating to 6-3/4% Senior Notes Due 2012
BETHPAGE, N.Y. -- CSC Holdings, Inc., a subsidiary of Cablevision Systems Corporation (NYSE: CVC), today announced that it will extend until February 20, 2007, at 5:00 P.M., New York City time, its offer to exchange up to $500 million aggregate principal amount of its 6-3/4% Senior Notes due 2012, which...
CSC Holdings Extends Exchange Offer Relating to 6-3/4% Senior Notes Due 2012
BETHPAGE, N.Y. -- CSC Holdings, Inc., a subsidiary of Cablevision Systems Corporation (NYSE: CVC), today announced that it will extend until January 16, 2007, at 5:00 P.M., New York City time, its offer to exchange up to $500 million aggregate principal amount of its 6-3/4% Senior Notes due 2012, which...
CSC Holdings Extends Exchange Offer Relating to 6-3/4% Senior Notes Due 2012
BETHPAGE, N.Y. -- CSC Holdings, Inc., a subsidiary of Cablevision Systems Corporation (NYSE: CVC), today announced that it will extend until December 15, 2006, at 5:00 P.M., New York City time, its offer to exchange up to $500 million aggregate principal amount of its 6-3/4% Senior Notes due 2012, which...
CSC Holdings Extends Exchange Offer Relating to 6-3/4% Senior Notes Due 2012
BETHPAGE, N.Y. -- CSC Holdings, Inc., a subsidiary of Cablevision Systems Corporation (NYSE: CVC), today announced that it will extend until November 2, 2006, at 5:00 P.M., New York City time, its offer to exchange up to $500 million aggregate principal amount of its 6-3/4% Senior Notes due 2012, which...
Fitch Ratings Places Cablevision & CSC Holdings on Rating Watch Negative
CHICAGO -- Fitch has placed the following ratings for both Cablevision Systems Corporation CVC and the restricted group of CSC Holdings, Inc. CSC on Rating Watch Negative. CSC --Issuer Default Rating IDR 'B+'; --Senior unsecured debt 'BB-/RR3'; --Senior secured credit facility 'BB/RR1'. CVC --Issuer...
CSC Holdings Extends Exchange Offer Relating to 6-3/4% Senior Notes Due 2012
BETHPAGE, N.Y. -- CSC Holdings, Inc., a subsidiary of Cablevision Systems Corporation (NYSE: CVC), today announced that, due to the matters discussed in its August 8, 2006 Form 8-K, it will extend until October 10, 2006, at 5:00 P.M., New York City time, its offer to exchange up to $500...
CSC Holdings Extends Exchange Offer Relating to 6-3/4% Senior Notes Due 2012
BETHPAGE, N.Y. -- CSC Holdings, Inc., a subsidiary of Cablevision Systems Corporation (NYSE: CVC), today announced that, due to the matters discussed in its August 8, 2006 Form 8-K, it will extend until September 8, 2006, at 5:00 P.M., New York City time, its offer to exchange up to $500...
Fitch Affirms & Removes CSC Holdings From Watch Negative
CHICAGO -- Fitch Ratings has affirmed and removed from Rating Watch Negative the ratings for CSC Holdings, Inc. CSC as outlined below. CSC --Issuer Default Rating IDR 'B+'; --Senior secured bank facility 'BB/RR1'; --Senior unsecured debt 'BB-/RR3'; --Senior subordinated debt 'B/RR5'. CSC's Rating Outlook...
CSC Holdings, Inc. Announces $1.0 Billion Debt Offering
BETHPAGE, N.Y. -- CSC Holdings, Inc., a subsidiary of Cablevision Systems Corporation (NYSE: CVC), today announced that it is planning an offering of $1.0 billion of senior notes to certain institutional investors in an offering exempt from the registration requirements of the Securities Act of 1933. CSC Holdings intends...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Michael P. Huseby | CFO & Executive Vice President |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Charles F. Dolan | Chairman |
| Brian G. Sweeney | Board of Directors |
| Charles D. Ferris | Board of Directors |
| Frank J. Biondi Jr. | Board of Directors |
| John R. Ryan | Board of Directors |
| Leonard Tow | Board of Directors |
| Patrick F. Dolan | Board of Directors |
| Rand Araskog | Board of Directors |
| Richard H. Hochman | Board of Directors |
| Thomas V. Reifenheiser | Board of Directors |
| Victor Oristano | Board of Directors |
| Vincent Tese | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Cablevision Systems Corporation | Vice President, CFO | Current |
| Cablevision Systems Corporation | CFO & Executive Vice President | Current |
| CSC Holdings, Inc. | CFO & Executive Vice President | Current |
Charles F. Dolan is the founder and chairman of Cablevision Systems Corporation, one of the nation's leading telecommunications, media and entertainment companies. Over the past 34 years, Cablevision has developed a portfolio of operations that ranges from digital voice service, high-speed Internet access, and robust digital cable television packages to championship professional sports teams, world-renowned entertainment venues, and regional and national television program networks. Founded by Mr. Dolan in 1973, Cablevision started as a cable television operator serving 1,500 customers in New York's Long Island suburbs. The company now serves more than 3 million cable television households in the New York metropolitan area - the largest cable cluster in the nation. Cablevision currently offers a range of digital and telecommunications services made possible by state-of-the-art fiber-optic coaxial cable networks. These services include iO: Interactive Optimum digital video, Optimum Online high-speed data, and Optimum Voice digital voice-over-cable. This new generation of advanced digital telecommunications offerings is available to more than 4.4 million households in the company's service area. In addition to its consumer services, Cablevision's Optimum Lightpath offers integrated business communications services. Meanwhile, Rainbow Media Holdings LLC, a Cablevision subsidiary, reaches more than 200 million customers worldwide through its many popular national, regional and local programming networks, including AMC, IFC, WE tv, fuse, MSG network, and News 12 Networks. Rainbow Media also operates the VOOM HD Networks, the largest and most diverse suite of high-definition channels available anywhere, for distribution to cable operators and satellite TV providers. Firmly positioned in New York's entertainment industry, Cablevision also owns and operates Madison Square Garden L.P., which includes the arena complex as well as its sports teams: the New York Knicks, Rangers and Liberty. In addition, the company owns Madison Square Garden Entertainment and, through that entity, holds a 25-year lease on New York's famed Radio City Music Hall. Cablevision also owns and operates the Beacon Theatre, one of the original art-deco showplaces still in existence in New York City, and Clearview Cinemas, one of the tri-state area's leading motion picture exhibition circuits. Charles "Chuck" Dolan was born on October 16, 1926 in Cleveland. The son of an inventor, he served in the U.S. Air Force and studied at John Carroll University before blazing a trail in telecommunications. His earliest professional endeavors focused on the packaging, marketing and distribution of sports and industrial films. Working together with his wife in their Cleveland home, Mr. Dolan edited and produced short film reels of sports events for syndication to television stations. Selling the business, Mr. Dolan joined the acquiring firm and moved east to New York, the center of the developing electronic media world. In the early 1960s, Mr. Dolan established Teleguide Inc., which provided information services via cable to New York City hotels. That same decade, he founded Sterling Manhattan Cable, the first urban cable television company in the nation. In its early years, Sterling forged first-of-its-kind agreements to bring New York professional sports teams, cultural programming and movies into the homes of New York City cable viewers. In the early 1970s, Mr. Dolan founded Home Box Office Inc., the first premium programming service in the cable television industry. He organized Cablevision Systems Corporation on Long Island after the sale of Home Box Office to Time-Life, Inc. and has spearheaded many of the company's advancements. Mr. Dolan is a trustee of Fairfield University in Connecticut and a member of the board of governors of St. Francis Hospital in Roslyn, N.Y. He also serves on the board of directors of the Nassau County Crime Stoppers. Mr. Dolan and his wife, Helen Ann, reside on Long Island. They have six grown children, three of whom are in management at Cablevision.
| Organization | Position | Status |
|---|---|---|
| Cablevision Systems Corporation | Chairman | Current |
| CSC Holdings, Inc. | Chairman | Current |
| Cablevision Systems Corporation | Chief Executive Officer | Former |
| Organization | Position | Status |
|---|---|---|
| CSC Holdings, Inc. | Board of Directors | Current |
| Cablevision Systems Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| CSC Holdings, Inc. | Board of Directors | Current |
| Cablevision Systems Corporation | Board of Directors | Current |
Frank J. Biondi, Jr., 63, Senior Managing Director, WaterView Advisors LLC (private equity fund specializing in media) since 1999. Director of Amgen, Inc., Cablevision Systems Corporation, The Bank of New York Mellon and Seagate Technology. (Biographical Information as of April 9, 2008)
| Organization | Position | Status |
|---|---|---|
| Waterview Advisors | Senior Managing Director | Current |
| Cablevision Systems Corporation | Board of Directors | Current |
| CSC Holdings, Inc. | Board of Directors | Current |
| Seagate Technology, Inc. | Board of Directors | Current |
| Hasbro, Inc. | Board of Directors | Current |
| Amgen Inc. | Board of Directors | Current |
| The Bank of New York Mellon Corporation | Board of Directors | Current |
| Yahoo! Inc. | Board of Directors | Current |
| Viacom Inc. | Chief Executive Officer | Former |
| Universal Studios | Chief Executive Officer | Former |
| Home Box Office Inc. | Chief Executive Officer | Former |
| Home Box Office Inc. | Chairman | Former |
| The Coca-Cola Company | Chairman, Coco-Cola Television | Former |
| Universal Studios | Chairman | Former |
| Harvard University | Masters of Business Administration | Former |
| Princeton University | Bachelor of Arts degree | Former |
| Organization | Position | Status |
|---|---|---|
| Center for Creative Leadership Inc. | Chief Executive Officer | Current |
| Center for Creative Leadership Inc. | President | Current |
| CIT Group Inc. | Chairman and Chief Executive, Director | Current |
| The State University of New York | Chancellor | Current |
| CSC Holdings, Inc. | Board of Directors | Current |
| CIT Group Inc. | Board Director | Current |
| Cablevision Systems Corporation | Audit Committee Member | Current |
| State University of New York Maritime College | President | Former |
| U.S. Navy | Vice Admiral | Former |
Dr. Leonard Tow, 80, Director since March 2005. Chief Executive Officer of New Century Holdings, LLC since January 2005. Director of Citizens Communications Company from 1989 to September 2004. Chairman and Chief Executive Officer of Citizens Communications Company from 1990 to September 2004.
| Organization | Position | Status |
|---|---|---|
| Cablevision Systems Corporation | Board of Directors | Current |
| CSC Holdings, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Rainbow Media Holdings LLC | President, News 12 Networks | Current |
| Cablevision Systems Corporation | President, News 12 Networks | Current |
| CSC Holdings, Inc. | Board of Directors | Current |
| Cablevision Systems Corporation | Board of Directors | Current |
Rand V. Araskog, 77, Director since March 2005. Self-employed as a private investor as principal in RVA Investments since March 1998.
| Organization | Position | Status |
|---|---|---|
| Cablevision Systems Corporation | Board of Directors | Current |
| CSC Holdings, Inc. | Board of Directors | Current |
Richard Hochman is the Chairman of the Board of Regent Capital Management Corp., a private investment fund making equity and mezzanine investments in companies to fund growth strategies or finance buyouts, acquisitions or consolidations. For over twenty-five years, prior to joining Regent Capital in 1995, Mr. Hochman advised numerous public and private companies on strategy, acquisitions and financing alternatives. He has been a Managing Director in PaineWebber's Investment Banking Group, and a member of the firm's Debt and Equity Commitment Committees, since joining in 1990. Prior to joining PaineWebber, Mr. Hochman served as a Managing Director for Drexel Burnham Lambert, Inc. from 1984 to 1990. From 1969 to 1984, Mr. Hochman was employed by E.F. Hutton's Corporate Finance Department where he was elected a Senior Vice President in 1979 and served on its Corporate Finance Management Committee, Underwriting Commitment Committee, and Tax Shelter Underwriting Committee. Mr. Hochman is a member of the Board of Directors of Cablevision Systems Corp., R.A.B. Holdings and Santa Monica Amusements. He has a Masters in Business Administration from Harvard University and a B.A. with Honors from the Johns Hopkins University. He is a member of Phi Beta Kappa and a Trustee of the Brooklyn Museum of Art.
| Organization | Position | Status |
|---|---|---|
| Nsp, Inc. | Chairman, Regent Capital Management Corp. | Current |
| Phi Beta Kappa | Board of Directors | Current |
| CSC Holdings, Inc. | Board of Directors | Current |
| Caymus Partners, LLC | Board of Advisors, Member | Current |
| China Hydroelectric Corporation | Board of Directors | Current |
| Cablevision Systems Corporation | Board of Directors | Current |
| Phi Beta Kappa | Member | Current |
| R.A.B. Holdings, Inc. | Director | Former |
| Drexel Burnham Lambert Inc. | Managing Director | Former |
| Regent Capital | Former | |
| Harvard University | Masters In Business Administration | Former |
| Harvard Business School | MBA | Former |
| The Johns Hopkins University | B.A. With Honors | Former |
Thomas V. Reifenheiser served for more than seven years as a Managing Director and Group Executive of the Global Media and Telecom Group of Chase Securities Inc. until his retirement in September 2000. He joined Chase in 1963 and had been the Global Media and Telecom Group Executive since 1977. He also had been a member of the Management Committee of The Chase Manhattan Bank. Mr. Reifenheiser is also a member of the board of directors of Cablevision Systems Corporation, Lamar Advertising Company and Citadel Broadcasting Corporation.
| Organization | Position | Status |
|---|---|---|
| Mediacom Communications Corporation | Board Director | Current |
| Lamar Advertising Company | Board of Directors | Current |
| CSC Holdings, Inc. | Board of Directors | Current |
| Cablevision Systems Corporation | Board of Directors | Current |
| Chase Securities, Inc. | Managing Director | Former |
| JPMorgan Chase & Co. | Managing Director | Former |
| Chase Securities, Inc. | Group Executive, Global Media and Telecom Group | Former |
| Wharton Graduate School of the University of Pennsylvania | M.B.A. | Former |
| Hofstra University | B.B.A. | Former |
| Organization | Position | Status |
|---|---|---|
| CSC Holdings, Inc. | Board of Directors | Current |
| Cablevision Systems Corporation | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| CSC Holdings, Inc. | Board of Directors | Current |
| Cablevision Systems Corporation | Board of Directors | Current |
Executive News
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Yahoo CEO Bartz Has a Lot of Explaining to Do
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Yahoo! Insiders Should Be Shown the Door Out
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Tennis Channel faces off with Cablevision for U.S. Open coverage
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John Ryan: Creating a Sense of Urgency Among Employees
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Creating a Sense of Urgency Among Employees
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Former RBI U.S. CEO Smith to join Cablevision
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NY's Cablevision taps media executive
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NY's Cablevision taps media executive
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UPDATE 1-Cablevision starts local media group
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Cablevision starts Long Island local media group
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Cablevision Hires EX-RBI CEO Tad Smith as Local Media Chief
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