Cablevision looks to expand further

By Andrew Leckey Tribune Media Services Published: Sunday, July 20, 2008 12:11 a.m. MDT Question: Could you fill me in on the prospects for shares of Cablevision Systems Corp.? — R.L., via the Internet Answer: The media company that owns Madison Square Garden, Radio City Music Hall and the Chicago Theatre has focused on growth this year. One consideration for investors is whether its large long-term debt load will impair growth plans. Another is how competitive the rival video services offered by telecommunications firms such as Verizon Communications Inc. prove to be in the long run. Cablevision provides television, voice-over-Internet protocol phone and Internet services to millions of customers in the New York area. It lately has made a significant capital investment to provide faster Internet-access speeds. Cablevision... [read full story]