How about a third possibility for the silence?

[ripit]

I doubt that E* would buy Rainbow1 just to lease back space to a potential competitor - I am sure they have plans for this capacity. That said, I would guess that it would take some time to finalize whatever plans they may have. In the meanwhile, Voom would have to keep programming on Rainbow1 for a period of time while they mirror content to AMC6 and distribute the new dish to existing subs, which will clearly take several months at a minimum. It seems like a win-win situation for Chuck to lease space from Rainbow1 until they can transition over to AMC6. This way, Voom stays live during the transition and E* can generate revenue off of a newly purchased asset that otherwise would have sat idle until they could finalize their utilization plans.

I would bet that the converstion that Chuck D and Ergan are having relates to how long V* can continue to transmit from Rainbow1 and how much V* will have to pay for the space.

 

[madpoet]

I still don't understand this logic. Why would anyone bail until they knew what the outcome was going to be?
And how many?

Don't forget, not all subs read this forum.

Lob

Look at it this way... you DO NOT read the forum. You happen to go to the website during the fairly long period it had the shutdown message. You say oh crap, and order another service for install. Don't think that happened? You bet it did, and some readers here have admitted it. I don't want to be without service for a week, which is about what it takes to get a cable install around here. Personally I think it's far more likely that the less informed voomers think it's shutting down at the end of the month. That's the message they've been given.

-MP

 

[vurbano]

Personally I think it's far more likely that the less informed voomers think it's shutting down at the end of the month.

Well isnt that the last official message from Cablevision? Has there been an official release saying otherwise?

 

[Bruce]

Look at it this way... you DO NOT read the forum. You happen to go to the website during the fairly long period it had the shutdown message. You say oh crap, and order another service for install. Don't think that happened? You bet it did, and some readers here have admitted it. I don't want to be without service for a week, which is about what it takes to get a cable install around here. Personally I think it's far more likely that the less informed voomers think it's shutting down at the end of the month. That's the message they've been given.

-MP

While looking at the 8 K filed for Cablevision, I found this:

The closing of the Rainbow DBS business has been delayed to allow VOOM HD, a further opportunity to explore its ability to present to the Board a
transaction for VOOM HD LLC to acquire assets and liabilities of the Rainbow
DBS business on terms that are satisfactory to the Board and a committee
of independent directors. Charles F. Dolan is currently expected to report to
the Board on this matter by March 7, 2005.

I know that is old news, but since that date is gone, would not Cablevision have to file another 8K if extended again?

 

[Amphicar770]

... I don't want to be without service for a week, which is about what it takes to get a cable install around here. ...

-MP

Fortunately I am not so heavily addicted to television that it would kill me if I lost service for a week. I would still have my OTA networks anyway.

 

[gutter]

"Better Plan" could mean that even Chuck's new board is not happy with the details presented and wants changes, more detail, or more $.

 

[Bruce]

Well isnt that the last official message from Cablevision? Has there been an official release saying otherwise?

In reading at CBS Marketwatch, that is still the last Press Release:
6:37pm 02/28/05 Cablevision and VOOM HD End Discussions without Agreement Regarding Sale of Rainbow DBS - BusinessWire

http://www.marketwatch.com/tools/quotes/quotes.asp?symb=CVC&siteid=mktw&dist=mktwqn

 

[67Yv8t]

Ohhh, you mean average man on the street is talking about it? or just the obsessed people who actually watch the news regarding the products they use. Of all the product you use in your life, do you know the boardroom wranglings of those companies, what about the bank that holds your mortgage? Can you name all the other brands of automobile that are owned partially or completely by the conglomerate that owns yours?

Do you keep up on what is happening in you local water company, or the local power company, were you "in the know" about your power providers plan when the Enron debaucle caused your electric bill to skyrocket or threaten to bancrupt your power company?

What about your local city gov't do you know what their stand is on growth in your community?

And if you are personally involved in your community gov't then you realize how few other are.

Gentlemen, and ladies, this is not earth shattering. As far as the media goes, everyone in this group is digging deep and hard to come up with ANY news or reference. For the general public, the media has to beat people over their head with stories, over and over again for anything to stick. That why CNNHeadline News is successful, "the same thing every half hour".

I feel justified in saying that "relatively NO-One" is aware of this little soap opera.

When I mean relatively, I am referring to the 5% of 50k voomers who make up .1% of the population becomes statistically insignificant.

Of potential subscriber; other than the FEW that happened to go to the website on the few days it was down, most called 800 GET VOOM and signed up. the CRS weren't spreadin any rumors.

I doubt that most of middle America buys products based upon their daily stock index. I certainly can't remember checking with my borker when I was deciding between Charmin and Angel Soft Toilet paper.

I bought what appealed to me at the moment, some might buy out of habit or culture, some consider value, others might buy soley based on price.

And once I got that roll home and unwrapped, and it was sitting there ready anytime I wanted to use it, I didn't give it a second thought. If I sat down next to it, and it failed to work, I'd be a little frustrated, but, I'd just get a different roll.

What I'm trying to say is USE IT, Enjoy it, while it is here. It may not last for ever, SO WHAT, get another roll when that one runs out. Don't throw it away because it is half used.

 

[James Long]

While looking at the 8 K filed for Cablevision, I found this:

The closing of the Rainbow DBS business has been delayed to allow VOOM HD, a further opportunity to explore its ability to present to the Board a
transaction for VOOM HD LLC to acquire assets and liabilities of the Rainbow
DBS business on terms that are satisfactory to the Board and a committee
of independent directors. Charles F. Dolan is currently expected to report to
the Board on this matter by March 7, 2005.

I know that is old news, but since that date is gone, would not Cablevision have to file another 8K if extended again?

Did you happen to notice the date on that 8K? IIRC it was March 2nd or 3rd, and was reporting activities of Feb 28th and March 1st. The prior 8K said that Voom HD LLC had until Feb 28th, and they waited a couple of days to say there was an "extension".

I agree with Sean's guess until otherwise convinced.

JL

 

[mike123abc]

CVC is under tremendous pressure to get rid of VOOM one way or another this quarter (ending 3/31/05). Surely they can come to some sort of deal with Dolan by then. Wall Street analysts are all excited by the possible earnings/breakup of CVC once VOOM is gone. Uncertainty is what kills the stock price, an announcement one way or another is needed by the end of the quarter.

I really doubt that CVC will delay the decision past the quarter, VOOM might be on the air past the end of the quarter if the decision to shut down the system comes at the end of the month, but I bet Dolan manages to pull off some way to save VOOM.

 

[Bruce]

Did you happen to notice the date on that 8K? IIRC it was March 2nd or 3rd, and was reporting activities of Feb 28th and March 1st. The prior 8K said that Voom HD LLC had until Feb 28th, and they waited a couple of days to say there was an "extension".

I agree with Sean's guess until otherwise convinced.

JL

Filing-03/03/2005 Document Date-02/28/2005

The only one after that is the one with the letter about E* and such.

So again, if the date is extended, would they have to file another 8K since the 8K listed said March 7?

 

[HDGUY]

Keep in mind 2% of nothing is still nothing. If your closing the doors and can get SOMETHING out of it it's better than that 2%!

I think they will let him have it for almost anything that is reasonable. They have an obligation to thier shareholders to recoup as much as possible.

 

[bryan27]

What about your local city gov't do you know what their stand is on growth in your community?

Actually I do, give corporations big multi-million dollar incentives to build and hire minimum wage workers. In the process take property and destroy neighborhoods for very little return. This is the kind of city that has a Lowes built in a residential neighborhood and has Wal*Mart in construction downtown thinking Wal*Mart will revitalize downtown

In the name of growth this city has spend millions on feasibility studies that end up saying a Chi Chi's Mexican Restaurant won't make it, but several years later 5 Taco Bells show up out of nowhere. They have told Super 8 Motels they can't build unless they build one the costs $100,000 more so that it looks "Victorian" However, if one of the casinos (opps I mean gamming centers) want some eye sore built it is approved no questions asked.

 

[cfarm]

One of the "formalities" of yesterday's meeting would probably include a budget extension. The Oristano letter mentioned funding was not authorized. I think that would have been addressed yesterday. Considering that, I would assume:

1) Budget authorized for a full month which conincides with Sean's suggestion.

2) Added channels today follow a formal budget authorization

I think Dolan Sr. may have opened the window just a crack wider in yesterday's discussions. This would allow him more time to work on an alternative. IOW, I don't think there is as much of a rush to present a solution within hours or days as there was previously.

Does appear both sides agreed to "cap the leaks" so to speak, so we will probably see better planned and unified PRs from this point forward rather than the tit-for-tat stuff we were seeing over the last few weeks. The school yard bullies are probably wanting this to appear more dignified than the press has been making it out to be.

 

[67Yv8t]

Actually I do, give corporations big multi-million dollar incentives to build and hire minimum wage workers. In the process take property and destroy neighborhoods for very little return. This is the kind of city that has a Lowes built in a residential neighborhood and has Wal*Mart in construction downtown thinking Wal*Mart will revitalize downtown

In the name of growth this city has spend millions on feasibility studies that end up saying a Chi Chi's Mexican Restaurant won't make it, but several years later 5 Taco Bells show up out of nowhere. They have told Super 8 Motels they can't build unless they build one the costs $100,000 more so that it looks "Victorian" However, if one of the casinos (opps I mean gamming centers) want some eye sore built it is approved no questions asked.

And would you say that "most" of the other people in your community are clueless regarding this?

That is exactly my point. Although it's not all rosey, Virtually no-one knows that Voom has had this glitch.

 

[Bruce]

And would you say that "most" of the other people in your community are clueless regarding this?

That is exactly my point. Although it's not all rosey, Virtually no-one knows that Voom has had this glitch.

Lets see, who would know what is going on, people who watch CNBC, people who tear themselves away from porn on the net to read the news, people who read UsaToday ( 2 stories in the last few weeks, another a month ago) people who read other newspapers like Newsday, New York Post, New York Times, Wall Street Journal, Denver Times, etc, etc, etc and people who listen to Howard Stern.

Any others post them.

 

[67Yv8t]

Lets see, who would know what is going on, people who watch CNBC, people who tear themselves away from porn on the net to read the news, people who read UsaToday ( 2 stories in the last few weeks, another a month ago) people who read other newspapers like Newsday, New York Post, New York Times, Wall Street Journal, Denver Times, etc, etc, etc and people who listen to Howard Stern.

Any others post them.

Alright Bruce, I'm gonna assume you read those publications, or at least one of them, did you read USA today, and do you remember the stories that were on the backside of the pages that ran the CVC story?

Or could it be that 90% of the "readers" don't read 90% of the content. And of 10% that read 90% of the entire content of the newspaper, how many of them feel that this news was somehow important to them personally, about a NY cable company's family fued regarding a satellite. . .or satellite service. . .or some channels. . .or and Updink(?) is that the right word?

Now certainly, if they were voom subs, they would be interested.

Let me try this explanation on two different levels.

First, if 10% of the "reader" read the article, and are voom subscribers, of those, let's say 1/2 figured out it had something to do with them personally, and of those 20% were not television zombies or paralyzed by fear, That would be about 460 sub. That is lower than the number of registered users on this site who viewed this yesterday.

Now the other way:
10% of the "reader" read the article, and are voom subscribers, of those, let's say 1/2 figured out it had something to do with them personally, if they did anything at all (most people don't act, even in life and death situations) (Let's ignore that for the moment) at least 80% would have called the 800 number talked to their friendly CSR and asked a lot of questions and would be told, "Business as usual". The other 20 percent would dig deeper on their own and find this site. . . (proceed to logical conclusion).

Some would just sit and wait for the lights to go out, curse for a while, then get the next roll of toilet paper out of the cabinet.

 

[James Long]

Filing-03/03/2005 Document Date-02/28/2005

The only one after that is the one with the letter about E* and such.

So again, if the date is extended, would they have to file another 8K since the 8K listed said March 7?

Yes. Another 8K is due. At least with this one, it is decent news.

JL

 

[Sean Mota]

right a secret extension.

ummmm.... Guess the the speculation/rumor was right after all.

 

[Peter Parker]

Well wahat are you saying is being extended through March 31----VOOM service or the deadline for the elder Mr. Dolan to come up with financing. One would likely call foran 8K the other likely would not.