It looks like Altice will be able to save money on executive salaries right off the bat by eliminating the Dolan's and their high salaries.
From Bloomberg:
"At Cablevision, three of the top five executives are Dolans -- including Chairman Charles Dolan, who built his empire over more than 40 years and now controls AMC Networks and Madison Square Garden Co., owner of the New York Knicks and New York Rangers teams. In 2014, those five received $67 million in total compensation. In contrast, Charter Communications Inc.'s top five executives made $35 million last year. Charter has double the market value of Cablevision."
$67 million for the Dolans and their friends versus a much larger cable operator in Charter with only $35 million in top management salaries. No wonder the rates are so high.
Full Story http://bloom.bg/1jwNbLG
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