Over to Rainbow

Gibbons, Kent
May 2008
Multichannel News;5/12/2008, Vol. 29 Issue 19, p8
The article reports on the acquisition of Sundae Channel, a cable network founded by Robert Redford, by Cablevision Systems Corp. for $496 million in New York. Sundance Channel will become part of Cablevision's Rainbow Media programming division but will continue on as a distinct network. The company will finance the deal with a block of General Electric Co. stock which it received when NBC Universal Inc. bought the Bravo channel from Cablevision in 2002.


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