Still confused about Cablevision filings...
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01-17-2005, 07:58 PM
Join Date: Feb 2002
Well you have to figure that their revenue streams are down...they've not got the advertising dollar they would have with the Rangers, which can also hurt other shows on their network by not publicising them which then drives their advertising dollar down...not to mention those luxury boxes they weren't counting in the profit column.
Not to mention all those other expenses you have just for owning the building and getting less revenue on it. Obviously it's a very complicated sum that depends a lot on what's going into it.
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