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Cablevision Systems Corp.

Industry: Broadcasting Cable TV

Fortune Rank: 292

CVC is a telecommunications company, offering cable television, Internet access, and telephone services. It also has interests in programming networks and entertainment businesses. For the 6 months ended 6/30/05, revenues rose 6% to $2.45B. Net loss from cont ops. fell 58% to $107M. Revenues reflect growth in the Telecommunications segment. Lower loss reflects a $65.5M gain on sale of affiliate interest and the absence of loss on extinguishment of debt.

Cablevision Systems Corporation is a cable operator in the United States. The Company also operates cable programming networks, entertainment businesses and telecommunications companies. As of December 31, 2004, the Company served approximately 2.96 million cable television subscribers in and around the New York City metropolitan area. Through subsidiary, Rainbow Media Holdings LLC, the Company owns interests in and manages national and regional programming networks, the Madison Square Garden sports and entertainment business, and cable television advertising sales companies. Through Cablevision Lightpath, Inc., the Company provides telephone services and Internet access to the business market. The Company also owns or has interests in a number of other businesses and companies that include Clearview Cinemas, a chain of 53 movie theaters, and Rainbow DBS, a direct broadcast satellite provider. The Company operates in four business segments.

Cablevision Systems Corp.

Cablevision Systems Corp. is a Fortune 500 company. In 2010 Cablevision Systems Corp. was ranked number 292 on the Fortune 500 list, making it the 292nd largest company in the United States when judged by revenue.

Cablevision Systems Corp. achieved revenue of $7,773.30 million in 2010 and earned a profit of $285.60 million.

Cablevision Systems Corp.' rank improves

The company ranking improved in 2010, moving up the Fortune 500 list to 292nd compared to 342nd in 2009. This was based on its 2009 revenue of $7,230 million (a change of 0 million compared to 2010) and profits of $-228 million (a change of $514 million compared to 2009).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then Cablevision Systems Corp. would be ranked 285th rather than 292nd due to its profits of $286 in 2010.

* US$ Million

• Address
  • Cablevision Systems Corp.
    1111 Stewart Ave
    Bethpage
    NY
    11714
• Contact Details
  • Phone: 516-803-2300
  • Fax: 516-364-4913
  • Website: www.cablevision.com
  • Stock Symbol: CVC

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