Subscriptions Surge Puts Cablevision Back in the Black

01 March 2006

    NEW YORK - A fourth quarter profit of $54.1 million (€45.62m; £31.08m) was posted by Cablevision Systems, driven by strong sales of TV, phone service and high speed internet connections.
    The profit compares with a loss of $305.8m in the same quarter in 2004, due to a $354.9m charge after pulling the plug on its fledgling Voom satellite TV business.