The dish would be fine, but we would need a new LNBF (low noise block/feedhorn): Rainbow 1 uses circular polarity, and AMC-6 uses linear (horizontal and vertical) polarity.
Item 8.01 Other Events.
EchoStar Communications Corporation announced today that it has agreed to purchase certain satellite assets from Rainbow DBS Co., a subsidiary of Cablevision Systems Corporation for $200 million. See Press Release, dated January 20, 2005, “EchoStar To Purchase Satellite from Cablevision” attached hereto as Exhibit 99.1.
bruce said:What are you smoking, investors will have lawsuits up the a** against Cablevision if they continue Voom in anyway, Voom has shown that it cannot make money, cannot gain any type of Market Share ( subs ), and all it will ever be is a drain on Cablevision assets, CVC stock is up more then $3.00 a share on the news today, what do you think the stock price will be if they announce Voom will continue.
By the way, they have a buyout of $100 million to get out of that buliding sat. deal.
In other words THEY DON'T KNOW what they are doing with 166/177 DBS, the five satellites they have on order, or their plans for ka slots. Still working out the details of how to sell the rest.Cablevision's filing said:
As noted above, the Companies are continuing to explore strategic alternatives for the remaining Rainbow DBS related assets and are not able at this time to establish a definitive time frame for completion of that process.
Zookster said:"Rainbow DBS’ VOOM programming service will continue to provide service to its current customers during a transition period."
The implication being..."no service after the transition period" since they bothered to even mention this in the first place, IMHO.
Transition to not owning a satellite to broadcast on. If they wanted to waste MORE money per subscriber they could move the HD service over to AMC-6. But WHY? They just made $200m to get out of a satellite. That covers a lot of old losses. Why make new ones?gutter said:But the key question is transition to what? to darkness or to another alternative for customers?
justalurker said:I do expect some offer would be made to Voom customers. But I do not expect it to be exceptional.
JL
gutter said:I do think it would be exceptional. The numbers tell. current value of a cable or satellite customer is projected by analysts to be over $1500 each. That is 30 million dollars in potential worth to be added to a company. Would you throw that away or let your competitors take it if you can buy it?And we as customers are an asset just as a cable customer is. That is how cable companies value and sell their properties.
jame_g said:But I don't understand why it would make business sense for them to be exceptional given all the facts.
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gutter said:As I said adding 30 Million dollar in assets in just one quick step. That is what we are worth to a company. To you it may be small potatoes. But I still call that money.
gutter said:As I said adding 30 Million dollar in assets in just one quick step. That is what we are worth to a company. To you it may be small potatoes. But I still call that money.