Is VOOM up or down NYTimes

[David Farber <dave () farber net>]

"Cablevision recently voted not to continue to finance Voom and although Mr.
Dolan had said he would assume the assets, he and the company did not come
to terms by Monday, which was the deadline. At that point Cablevision said
it was shutting the service. Mr. Dolan then issued a statement that he was
still interested in buying the assets.

 On Wednesday, the company shut down the Web site for Voom: www.voom.com.
But it appears that Charles Dolan, has begun a Web site to take orders:
www.voomllc.com.

 The maneuvering has left the future of the HDTV business uncertain.

 The family battle has fueled speculation that the company will ultimately
be sold. Meanwhile, the feuding has raised questions about how a company can
be run with so much continuing friction among directors."

http://www.nytimes.com/2005/03/03/business/media/03cable.html


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