Key information

🔎 Fund Overview

Cablevision Systems Corporation, together with its subsidiaries, owns and operates cable television systems in the United States. The company operates through three segments: Cable, Lightpath, and Other. The Cable segment provides video services, including programming, local broadcast network affiliates and independent television stations, other news, information, sports and entertainment channels, regional sports networks, video on demand, and entertainment and advertising services under the Optimum brand name; high-speed data services to residential and small business customers through a cable modem device under the Optimum Online name; and Voice over Internet Protocol services under the Optimum Voice name. The Lightpath segment offers Ethernet-based data, Internet, voice, and video transport and managed services to health care, financial, education, legal, and professional services industries, as well as the public sector and telecommunication providers. The Other segment is involved ion the operations of Newsday, a daily newspaper; amNewYork, a free daily newspaper; various weekly shopper publications; and online Websites, such as newsday.com and exploreLI.com. This segment also provides the News 12 Networks, which provides regional news programming services; cable television advertising; MSG Varsity, a program service showcasing high school sports and activities, and other local programming. As of December 31, 2013, it served approximately 2.8 million video clients. The company was founded in 1985 and is headquartered in Bethpage, New York.