Cablevision Issues Updated Statement On ABC Disney
Urges Disney President and CEO Bob Iger to Stop Holding Viewers Hostage, End Threats to Pull the Plug on ABC and Work to Reach a Fair Agreement
BETHPAGE, N.Y., March 5 -- Cablevision Systems Corporation (NYSE: CVC) today continued to urge ABC Disney to listen to government officials and consumers and not pull the plug on WABC at midnight on Saturday, March 6, 2010 while the negotiations continue. Cablevision has announced that it will leave the WABC Channel position open and available and that the switch is in Disney President and CEO Bob Iger's hands.
Charles Schueler, Cablevision's executive vice president of communications, said:
"There is one man who is going to decide whether New York gets to see the Oscars, and that's Disney President and CEO Bob Iger. Cablevision already pays Disney more than $200 million a year and now they are demanding $40 million more. We call on Bob Iger to stop holding his own viewers hostage, end his threats to pull the plug on ABC at midnight and instead work with us to reach a fair agreement. The switch is in Bob Iger's hands."
Cablevision customers should urge ABC Disney not to pull their programming by calling 1-877-NO-TV-TAX, visiting http://www.cablevision.com/abc or joining its Facebook group "Cablevision Viewers Say: No New Fees, ABC!"
Cablevision Systems Corporation is one of the nation's leading telecommunications, media and entertainment companies. In addition to its Optimum-branded cable, Internet, and voice offerings, the company owns and operates News 12 Networks, MSG Varsity and Newsday Media Group. Cablevision's assets also include Rainbow Media Holdings LLC and its programming and entertainment businesses, AMC, IFC, Sundance Channel, WE tv and IFC Entertainment, as well as Clearview Cinemas. Additional information about Cablevision is available on the Web at www.cablevision.com.