But isn't CVC the responsible party here, and they still exist and have assets.Tahoerob said:You cannot collect fines from a company that does not exist nor has assests
But isn't CVC the responsible party here, and they still exist and have assets.Tahoerob said:You cannot collect fines from a company that does not exist nor has assests
It all depends on how they were setup.. It's called Rainbow..... LLC (limited liability corporation) so who know...MarcelV said:But isn't CVC the responsible party here, and they still exist and have assets.
zombie said:Answering your own questions is not a good sign.. grab a beer and relax.
Then come back and go insane rest of us..
MarchingJohnny said:The employees are freaking out now baby...Whoooooo
Sean Mota said:Yes, they are part of the layoff...
speedyray said:On a side note, if they close are they going to come get my dish/antenna/boxes. If not at least I will still get OTA until I decide on a replacement. Really, may not get one. HD NASCAR on Fox and Voom originals was really all the HD I watched aside from American Chopper and some other Discovery from time to time.
mwgiii said:BTW, just saw a Voom ad on the Military channel.
Sean Mota said:Scott that sounds very optimistic but I just received the following memo that was sent to all staff.
To: Rainbow HD Holdings LLC Employees
From: Tom Rutledge
Date: March 1, 2005
Re: WARN Notice
As a result of the Board of Directors’ February 28, 2005 decision to close the direct broadcast satellite business, Rainbow HD Holdings LLC anticipates that it will cease operations at its facility located at 11 Penn Plaza, 2nd Floor New York, NY 10001 between March 4 and March 31, 2005. As a result, all of the employees employed by Rainbow DBS Company LLC at this location will be laid off permanently. Because of this, we are issuing this notice pursuant to any potential obligation under the federal Worker Adjustment and Retraining Notification Act (“WARN”). Under WARN, we are required to give you notice of our intent to layoff employees. These layoffs will result in your termination, and the permanent elimination of your position.
We anticipate that your last day of work will be between March 4 and March 31, 2005. You do not have bumping rights. Please return the attached acknowledgment form indicating you have received this notification to ******, Employee Relations Manager.
Sean Mota said:I just got home and there are 14 pages to read I have only read 6 since I left work. Got confirmation that the message is real, not hack. So there you go. Inside CVC/VOOM they are stunned as we are that a company like CVC will act this way.
IMO, the ceiling is falling unless there's something more which I have not heard yet. Will keep you posted if I hear something. BTW, CSRs are the last to know.
If this has been already posted, I am sorry.
nanaberry said:Just got this reply from cs this morning in my email...
Thank you for choosing VOOM - The HDTV Satellite Service!
Thank you for contacting us about VOOM. We appreciate the opportunity to provide you the broadest and best quality of HD programming available and are committed to continuing to deliver that service.
As you may have heard, Cablevision's recently announced agreement with EchoStar involves an agreement to sell to the company's Rainbow 1 satellite and certain other related assets. Separately, Cablevision has announced a letter of intent under which VOOM HD LLC, a new company set up by the Dolan family, will acquire the actual VOOM programming and service. Under the terms of this letter, VOOM HD, which is a strong believer in VOOM, will continue providing our state-of-the-art service to customers.
All of us at VOOM are excited about the opportunities that this new agreement will provide to continue building the VOOM service. We will communicate to you additional information on our future plans as we move forward.
Thank you for choosing VOOM - the leader in High Definition programming!
Phyllis B.
VOOM Email Support