NEW YORK -- As Cablevision Systems prepares to spin off some of its assets this year, possibly before the end of the second quarter, the company clarified Thursday the management and organizational structure of what will now be known as Rainbow Media Enterprises. Cablevision had previously said it would spin off its Voom satellite TV division, some cable networks including AMC and its Clearview Cinemas theater chain to allow investors to invest in those assets separately from its cable system and live-event operations. Late Thursday, the company unveiled the RME name for those assets and confirmed that founder Charles Dolan will oversee the new entity as chairman. Son Thomas Dolan, so far executive vp and chief information officer of Cablevision, will be CEO of RME.
- 4/30/2004
- The Hollywood Reporter - Movie News
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