Nov 03, 2009

Cablevision on Tuesday announced it had tripled its third-quarter earnings, posting net profit of $98.9 million, or 33 cents a share, up from $30.9 million, or 10 cents a share, in the year-ago period. Revenue jumped 5.3 percent to $1.84 billion, as the companys core cable operations business and its Rainbow Media networks division showed significant growth. For the quarter, Cablevisions MSO revenue grew 4.5 percent to $1.3 billion as digital penetration increased to 94 percent of...More