I agree with you vurbano. That must be the reason. He can't simply buy VOOM from CVC without knowing how long he can use Rainbow-1. He's probably negotiating some lease-time guarantees.vurbano said:he wants them to lease rainbow1 back to him while he moves to AMC6. He has to have that to continue service on April 1. And maybe he wants to buy Rainbow1 back as well.
Very unlikely. It would be a conflict of interest for E* to own both a satellite and cable business.voomvoom said:My vote is "Other"..... He's selling E* his CVC stock to fund Voom...
So, if CVC can have a conflict of interest, why can't E*...Walter L. said:Very unlikely. It would be a conflict of interest for E* to own both a satellite and cable business.
That's why Cablevision planned the spinoff (which never happen).voomvoom said:So, if CVC can have a conflict of interest, why can't E*...
And I suspect that approval will be delayed because of the pending SEC investigationgutter said:Don't forget that E* doesn't own the satellite yet..just a sales contract at this point. Needs FCC approval and it is in review.