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Cablevision Amends Plan To Spin-off Rainbow DBS

By Staff Writer | October 27, 2003

      Cablevision Systems’ [NYSE: CVC] board of directors approved an amended plan to spin off Cablevision’s recently launched satellite service, Rainbow DBS. The spin-off of Rainbow DBS also will include three Rainbow Media entertainment services — AMC, The Independent Film Channel and WE: Women’s Entertainment, along with their subsidiaries and certain other Rainbow businesses.

      For more on this story, see the Nov. 3 issue of SATELLITE NEWS. For more info on subscribing to PBI Media’s satellite newsletters, check out our Web site at https://www.satellitetoday.com