SportsBusiness Daily — Sports Business Resources — your sports business news and information source. Learn More
Advanced
Home About Us Advertise With Us Marketplace/Classifieds College & University Program Subscribe/Trial My Account

Friday
May 4, 2007
Print This Issue


 
MOST VIEWED STORIES
  1. Disney World Complex Gets ESPN Rebranding
  2. People & Personalities
  3. UA, IMG Announce New Partnership
  4. Jamie McCourt Not Reinstated As CEO
  5. Tiger Not Among China's Most Popular
View the top 20 stories
 
Recent Issues
Finance

Cablevision’s Q1 Financial Growth Strong, But Subs Slow

Cablevision reported Q1 results that were “strong in financial growth but showed some weakness in subscriber-growth metrics, mainly because of the cable operator’s unusually high penetration rates,” according to Mike Farrell of MULTICHANNEL NEWS. Overall Q1 revenue grew 12% to $1.6B, and adjusted-operating-cash-flow (AOCF) grew 21% to $482M. For its cable systems, revenue rose 15.4% to $1.1B, and AOCF increased 12% to $414.1M. There was “better-than-expected results” for the MSG and Rainbow Media Holdings units. At MSG, revenue rose 5% to $235.6M, and AOCF “more than doubled to $18[M] driven by additional concert and sporting events and higher MSG Network revenue” (MULTICHANNEL.com, 5/3). At presstime, shares of Callaway were trading at $35.84, down $0.97 from yesterday’s close of $36.19 (THE DAILY).

Print This Article

Get A Free Trial To SportsBusiness Daily

Reader Comments

To post comments on this article, log in or register for a free trial.

Related Stories By Company Related Stories By Sport
Weather Forces Nets To Alter Open Coverage
September 14, 2009 : SportsBusiness Daily

Tennis Channel Upset With New HS Channel
September 11, 2009 : SportsBusiness Daily

Cablevision Launching HS Sports Channel
September 10, 2009 : SportsBusiness Daily

CBS' U.S. Open Overnight Ratings Up
September 9, 2009 : SportsBusiness Daily

Tennis Net/Cablevision Spat Continues
September 1, 2009 : SportsBusiness Daily

ALSO IN THIS SECTION


Go To Facilities & Venues

A Publication of Street & Smith's Sports Group.
Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (REVISED 2009-06-23) and Privacy Policy (REVISED 2009-06-23).

© 2009 Street & Smith's Sports Group and its licensors. All rights reserved.
The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Street & Smith's Sports Group.