Gabelli Solicits Potential Cablevision Board Members
Gamco Investors chief wants executives with cash flow, corporate-governance experience.
By Mike Farrell -- Multichannel News -- Broadcasting & Cable, 9/25/2008 8:48:00 AM MT
Gamco Investors, the Rye, N.Y.-based mutual fund headed by activist investor Mario Gabelli, increased its position in Cablevision Systems and is soliciting other shareholders to put together a possible slate for the MSO’s board of directors.
In a Securities and Exchange Commission filing Sept 25, Gamco revealed that it spent about $14 million to increase its position in Cablevision to 19.7 million shares, or about 8.4% of the 233.7 million Cablevision shares outstanding.
But perhaps even more interesting was Gamco’s revelation in the filing that it is also “considering contacting individuals concerning their interest and their qualification to serve on the board of directors of certain public companies, including [Cablevision].”
Fox Business Network begins broadcasting from its new high-tech Studio G, overlooking Manhattan from the 3rd floor of News Corp. headquarters, on April 20. B&C got an early peek at the new space.
A leader in online technology, content & revenue solutions, WorldNow is the only company to provide comprehensive technology platforms & strategic advertising services, enabling media companies to expand to the digital realm with innovative Web...
more
Telestream products are used by the world's leading media and entertainment companies and corporations for transcoding and workflow automation. Telestream helps customers transform their media for multiplatform distribution to web, mobile, DVD...
more
JVC U.S.A. is a division of JVC Americas Corp., a wholly owned subsidiary of Victor Company of Japan, Limited. JVC is a leading developer and manufacturer of sophisticated audio and video products that use superior technologies to deliver high...
more
ESPN, Inc. is the world's leading multinational, multimedia sports entertainment company featuring a portfolio of over 50 multimedia sports assets. The company is comprised of six domestic television networks (ESPN, ESPN2, ESPN Classic, ESPNEWS...
more
Akamai provides market-leading managed services for powering rich media, dynamic transactions, and enterprise applications online. Having pioneered the content delivery market one decade ago, Akamai's services have been adopted by the world's most...
more