Dolan Tries To Get The FCC To Invalidate His Own Company's Satellite Sale

from the getting-more-bizarre dept

The story of Charles Dolan and the Voom satellite TV offering only seems to get more and more bizarre with each passing chapter. The elder Dolan has been fighting hard to buy out Voom from Cablevision, a company where he still holds the position of chairman. This has resulted in some positively odd moves, including putting up a fake website to take orders for new customers for a service he didn't own and had no right to. The latest, though, goes even further. He's now asking the FCC to block the sale of Cablevision's satellite to EchoStar -- a deal his own company agreed to just a couple months ago. While earlier reports had suggested that Dolan planned to keep Voom running by leasing access to the (now) EchoStar satellite (and potentially others), it appears he's making a last ditch effort to get back the satellite that he's already sold. Of course, to make the whole thing even more complicated, Cablevision (which was rumored to be up for sale as a result of the family food fight in the board room) is now saying it might want to jump into the bidding for bankrupt cable operator, Adelphia.
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  1. identicon
    thecaptain, 30 Mar 2005 @ 4:52am

    yikes

    This guy sounds positively nuts. I mean...funny farm nuts...the kind that gets you involuntarily committed if you're poor and gets you the description of "charmingly eccentric" if you're rich.

    link to this | view in thread ]


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