I decided to listen to the first quarter earnings call for Cablevision to see what they would say about this subject. Here is what was said (not word for word), Rainbow signed the first carriage agreement for the Voom HD channels with Echostar last week and E* will carry 10 of the Voom HD channels immediately and add the remaining 11 channels by early 2006. Here is the interesting part....the carriage agreement also included a minority equity interest for E*.
So E* is now part-owner of the Voom HD channels - they did not specify the percentage.
If you want to hear this part, go to cablevision's website and do a replay of the 1st Quarter Earnings call. This topic came up around the 56 minute mark according to the replay player.
I wonder how this minority equity agreement will effect other providers. Will E* try to keep these channels exclusive to E* by paying more money to Rainbow? I wish I could see the details of the agreement in writing
So E* is now part-owner of the Voom HD channels - they did not specify the percentage.
If you want to hear this part, go to cablevision's website and do a replay of the 1st Quarter Earnings call. This topic came up around the 56 minute mark according to the replay player.
I wonder how this minority equity agreement will effect other providers. Will E* try to keep these channels exclusive to E* by paying more money to Rainbow? I wish I could see the details of the agreement in writing