Voom's doom could be good news for Cablevision

09/13/2004 | Variety (subscription required)

Cablevision Systems' new satellite system, Voom, appears to be in trouble, a Wall Street analyst said. And that could be good news for Cablevision investors. The failure of Voom, a high-definition satellite network, could slow the cash drain from other Cablevision operations, according to Sanford Bernstein analyst Craig Moffett.

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