Top 5 Media Stocks To Watch Right Now: Cablevision Systems Corporation (CVC)
Cablevision Systems Corporation provides telecommunications and media services. It operates in two segments, Telecommunications Services and Other. The Telecommunications Services segment is involved in television business, including video, high-speed data, and VoIP operations, as well as the provision of commercial data and voice services. The Other segment offers Newsday, a daily newspaper; amNewYork, a free daily newspaper; and Star Community Publishing, a group of weekly shopper publications; and newsday.com and exploreLI.com. This segment also engages in motion picture theatre business, Clearview Cinemas; provision of the News 12 Networks, a regional news programming services; and the MSG Varsity network, a network covering high school sports and activities, and other local programs, as well as cable television advertising. Cablevision Systems Corporation was founded in 1985 and is headquartered in Bethpage, New York.Advisors' Opinion:
- [By Will Ashworth]
Losing control of the Cablevision (CVC) spinoff will ultimately be better for the Dolans than if they try to go it alone.
This scenario's likely a long shot, but I think it makes a lot of sense.
- [By Anna Prior]
Cablevision Systems Corp.(CVC) said it swung to a profit in the first quarter, driven by higher rates and advertising sales that boosted its cable revenue.
source from Top Stocks For 2015:http://www.topstocksblog.com/top-5-media-stocks-to-watch-right-now-2.html