On the heels of their Knicks finally winning it all, the Dolans are spinning again. Sixteen years after Cablevision sent Madison Square Garden out on its own, the collection of sports, media and entertainment assets once housed inside the cable company has been divided, recombined and divided again into an increasingly elaborate family tree of public companies. Now… Read More »
Another serial spinner is at it again. In 2010, James Dolan spun off Madison Square Garden from its Cablevision empire in order to better value its sports and entertainment related businesses. Five years later the regional sports businesses got their own turn to shine via the spin off of MSG Networks (MSGN). Three years later and the Madison… Read More »
The Dolan family has spent the better part of the decade spinning off assets. The dynasty behind Cablevision(CVC) spun off the Madison Square Garden Company(MSG) in 2010, followed by AMC Networks(AMCX) in 2011. Now, all three companies are in the midst of radical transformations. Early this morning, Cablevision announced that it would be acquired by French telecom Altice… Read More »
The network behind Mad Men is about to be set free as Cablevision Systems’ (CVC) board of directors approved the spinoff of AMC Networks (formerly known as Rainbow Media). The new company will trade under the ticker AMCX with the share distribution occurring on June 30 to shareholders on June 16th (today). Bear in mind that the Dolan family of NY basketball/hockey… Read More »