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CVC CVC Capital Partners Plc

23.23
0.06 (0.26%)
Last Updated: 12:58:21
Delayed by 15 minutes
Share Name Share Symbol Market Type
CVC Capital Partners Plc EU:CVC Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.06 0.26% 23.23 23.21 23.24 23.31 22.87 23.04 43,744 12:58:21

Cablevision Statement Regarding Scripps Networks' Programming

03/01/2010 9:33pm

PR Newswire (US)


CVC Capital Partners (EU:CVC)
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BETHPAGE, N.Y., Jan. 3 /PRNewswire-FirstCall/ -- "Cablevision offered Scripps the ability to continue delivering HGTV and Food Network to our customers while we negotiated a new agreement. This is common practice in the cable industry, and such an extension occurred in the recent dispute between Time Warner Cable and the Fox Network, and in Scripps' own negotiations with Time Warner Cable. But instead, with virtually no warning, Scripps took the extraordinary step of flipping a switch and removing its channels from Cablevision - effectively holding their own viewers hostage in order to pursue a more than 200 percent fee increase from Cablevision and our customers. The channels where HGTV and Food Network appeared on Cablevision remain available, and if Scripps really cared about their viewers Scripps could put their programming back while we negotiate a new agreement. We believe it was irresponsible for Scripps to take the channels off, and it is irresponsible for them not to put the channels back on." DATASOURCE: Cablevision Systems Corp. CONTACT: Jim Maiella, +1-516-803-3947

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