This Just In.(Cablevision Systems Corp. revenue forecasts)(layoff at Gemstar-TV Guide International Inc.)(Internal Revenue Service investigations into executive compensation at National Cable & Telecommunications Association)
Multichannel News, November, 2006
By Staff Rutledge: Cablevision To Tap E-Commerce Staff New York -- Tom Rutledge, chief operating officer of Cablevision Systems, said one of the key growth opportunities for the company in the next five years will be acting as the intermediary for commerce between retailers and cable subscribers.
Rutledge, speaking at the Future of Television conference here Friday at New York University's Stern School of Business, said Cablevision sees two key drivers of future revenue: to take a bigger share of advertising dollars that businesses spend reaching consumers, and to "save businesses money by fulfilling orders for them." Cablevision currently sells flat-screen TV sets and other consumer electronics, offered through partners, which are...
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