Cablevision 2013 Annual Report Download - page 14

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(8)
Other
Newsday
Newsday consists of the Newsday daily newspaper, amNew York, Star Community Publishing Group and
online websites, including newsday.com and exploreLI.com. Newsday has also developed and deployed
applications for iPhone, iPad, Kindle and Android devices.
Our publications are distributed through both paid and free distribution in various ways across Long
Island and the New York metropolitan service area. Our products include:
x the Newsday daily newspaper, which is primarily distributed on Long Island and in the New
York metropolitan area;
x amNew York, a free daily newspaper distributed in New York City; and
x Star Community Publishing, a group of weekly shopper publications, which is primarily
distributed on Long Island.
News 12 Networks
Our regional news services include News 12 Long Island, News 12 New Jersey, News 12 Westchester,
News 12 Connecticut, News 12 The Bronx, News 12 Brooklyn, News 12 Hudson Valley, and News 12
Interactive, as well as News 12 Traffic and Weather (collectively, the "News 12 Networks"). The
News 12 Networks include seven 24-hour local news channels and five traffic and weather services
dedicated to covering areas within the New York metropolitan area. News 12 Networks is available to all
subscribers throughout our footprint in the New York metropolitan area.
Cablevision Media Sales Corporation
Cablevision Media Sales Corporation is a cable television advertising company that derives its revenues
primarily from the sale of local and regional commercial advertising time on cable television networks,
which offers advertisers the opportunity to target specific geographic and demographic audiences.
MSG Varsity
MSG Varsity is a program service dedicated to showcasing high school sports and activities and other
local programming. We have a licensing arrangement with The Madison Square Garden Company
("Madison Square Garden") permitting us to use "MSG Varsity" as the name of this programming
service. MSG Varsity is available to all subscribers throughout our footprint.
Investment in Comcast Corporation Common Stock
We own 21,477,618 shares of Comcast Corporation ("Comcast") common stock acquired in connection
with the sale of certain cable television systems in prior years. All of these shares have been monetized
pursuant to collateralized prepaid forward contracts. See "Item 7A. Quantitative and Qualitative
Disclosures About Market Risk" for a discussion of our monetization contracts.
Bresnan Cable
On July 1, 2013, the Company completed the sale of Bresnan Cable for a purchase price of $1.625 billion,
receiving net cash of approximately $675 million, which reflects certain adjustments, including an
approximate $962 million reduction for certain funded indebtedness of Bresnan Cable, and transaction
costs. Bresnan Cable includes cable television systems in Montana, Wyoming, Colorado and Utah,
previously included in the Company's Telecommunications Services segment. The Company recorded a