Cablevision 2013 Annual Report Download - page 58

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Comparison of Consolidated Year Ended December 31, 2013 Versus Year Ended December 31,
2012
Consolidated Results ± Cablevision Systems Corporation
We classify our operations into three reportable segments:
x Cable, consisting principally of our video, high-speed data, and VoIP services;
x Lightpath, which provides Ethernet-based data, Internet, voice and video transport and
managed services, to the business market in the New York metropolitan area; and
x Other, consisting principally of (i) Newsday, (ii) the News 12 Networks, (iii) Cablevision
Media Sales, (iv) MSG Varsity, and (v) certain other businesses and unallocated corporate
costs.
Previously, the operations of Cable and Lightpath were aggregated and represented the
Telecommunications Services segment. These operations have been reclassified to separate segments for
all periods presented.
We allocate certain amounts of our corporate overhead to each segment based upon their proportionate
estimated usage of services. Corporate overhead costs allocated to Clearview Cinemas (previously
included in the Other segment), Bresnan Cable (previously included in the Telecommunications Services
segment) and AMC Networks (previously included in the Rainbow segment) that were not eliminated as a
result of the Clearview Sale, the Bresnan Sale, and the AMC Networks Distribution have been
reclassified to the Other segment in continuing operations for all periods presented.
The segment financial information set forth below, including the discussion related to individual line
items, does not reflect inter-segment eliminations unless specifically indicated.
See "Business Segments Results" for a discussion relating to the operating results of our segments. In
those sections, we provide detailed analysis of the reasons for increases or decreases in the various line
items at the segment level.
Revenues, net for the year ended December 31, 2013 increased $100,477 (2%) as compared to revenues,
net for the prior year. The net increase is attributable to the following:
Increase in revenues of the Cable segment ......................................................................................
.
$ 96,903
Increase in revenues of the Lightpath segment ................................................................................
.
8,833
Decrease in revenues of the Other segment ......................................................................................
.
(7,270)
Inter-segment eliminations...............................................................................................................
.
2,011
$100,477
Technical and operating expenses (excluding depreciation, amortization and impairments) include
primarily:
x cable programming costs, which are costs paid to programmers, net of amortization of any
launch support received, for cable content and are generally paid on a per-subscriber basis;
x network management and field service costs, which represent costs associated with the
maintenance of our broadband network, including costs of certain customer connections;
x interconnection, call completion and circuit fees relating to our telephone and VoIP businesses,
which represent the transport and termination of calls with other telecommunications carriers;
and
x publication production and distribution costs of our Newsday business.