Cablevision

Cablevision
Cablevision
The NY Post Reports: In a rare blow for Cablevision patriarch Chuck Dolan, the company announced last night that it had entered a deal to sell its Voom satellite business to Charlie Ergen’s EchoStar for $200 million.

Voom — part of Cablevision’s Rainbow Media unit — had been Dolan’s pet project, but twice in recent months he was dissed by the board of directors and his own son, CEO Jimmy Dolan, after he sought to continue funding the venture. Read The Full Story.

Talk about spaced out?  This didn’t take long at all.  Several very nervous insiders were quietly starting to send their resumes around yesterday.  Said one, “I don’t think I’ll wait for the next memo.” Shelly Palmer

About Shelly Palmer

Named one of LinkedIn’s Top 10 Voices in Technology, Shelly Palmer is CEO of The Palmer Group, a strategic advisory, technology solutions and business development practice focused at the nexus of media and marketing with a special emphasis on machine learning and data-driven decision-making. He is Fox 5 New York's on-air tech and digital media expert, writes a weekly column for AdAge, and is a regular commentator on CNBC and CNN. Follow @shellypalmer or visit shellypalmer.com or subscribe to our daily email http://ow.ly/WsHcb

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"Voom … did you see that?" by @ShellyPalmer

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